Vueling Airlines and Clickair agreed late yesterday to merge, according to statement sent to Spanish stock market regulators cited by both Thomson Financial and Reuters. No further details were available. The LCCs have been talking for months and Iberia Chairman and CEO Fernando Conte, whose airline will be the majority shareholder in the merged carrier, said at last month's IATA AGM that a deal was imminent (ATWOnline, June 4).
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