Iberia has yet to open its books to Texas Pacific Group and wants more information on the US firm's partners in its €3.4 billion ($4.58 billion) bid for the airline, specifically if there are any Spanish companies or airlines involved, an IB spokesperson said last Thursday, according to Reuters (ATWOnline, April 11). A non-EU interest currently cannot acquire more than 49% of an EU airline (ATWOnline, April 2). Separately, IB flew 4.49 billion RPKs in March, up 5% from the year-ago ...

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