Other News - 03/19/2008
British Airways announced the purchase of 28.7 million shares of Iberia at an average price of €2.34 ($3.69) per share, lifting its stake in its oneworld partner to 13.15%. BA CEO Willie Walsh said, "We will consider further opportunities to increase our stake."
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
