A merger of BA and Iberia has the potential to make both more competitive against bigger Air France KLM and Lufthansa Group.
If all goes according to schedule, by the time this article appears British Airways and Iberia will be joined together under a single parent company, International Airlines Group. The transaction was set to take place on Jan. 24 following all necessary clearances. As with other European airline mergers, BA and IB will continue to exist as separate companies with their own P&L accounts and both are maintaining their brands, operating certificates and traffic rights. The all-stock ...
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