British Airways, American Airlines and Iberia have received the regulatory green light to operate a joint business on transatlantic flights. Following European Union approval on July 14, the airlines have now been granted anti-trust immunity from the US Department of Transportation. British Airways chief executive, Willie Walsh, said: “This final approval is fantastic news for [...]
Posts Tagged ‘iberia’
BA and Iberia merge
November 13th, 2009
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MADRID/LONDON (Reuters) – British Airways and Spain’s Iberia announced on Thursday a preliminary agreement for a $7 billion (4 billion pound) merger to create the world’s third-largest airline by revenue. The deal, which the companies hope to close by the end of 2010, ends the British flag carrier’s long pursuit of Iberia to create an [...]
