BA And Iberia Reach Deal In Merger Plan
12 November 2009 09:08
...Airways and Spanish airline Iberia have reached a deal in their plan to merge. The merger is set to be finalised by the end of the year The two have signed a memorandum of understanding as they look to finalise an agreement. A BA spokesman said the companies...
Latest NewsRecent News
-
FTSE 100 Bosses Fearing The Axe
14 November 2009 11:15
...be Willie Walsh, chief executive-designate of Europeâs newest aviation powerhouse after securing an agreement to merge British Airways and Iberia. But two of his counterparts elsewhere in the blue-chip index did not fare quite so well. Ian Smith, boss of Reed...
Recent News
-
BA Board Discussing Iberia Merger
12 November 2009 11:37
...Airways has confirmed its board is holding a meeting to consider a potential merger deal with Spanish airline Iberia. A British Airways statement read: "Further to recent market speculation, British Airways confirms that the British Airways and Iberia Boards...
Recent News
-
BA And Iberia Poised To Take Flight
11 November 2009 11:37
...And Iberia Poised To Take Flight Mark Kleinman November 11, 2009 11:24 PM Recommend post (0) I understand that British Airwaysâ (BA) merger with the Spanish airline Iberia Lineas Aereas de Espana may finally be ready for take-off. All being well, a formal...
Recent News
Other Related News
-
Report: British Airways and Iberia Discuss Possible Merger
12 November 2009 12:14
...with Spanish airline Iberia, Sky News reported. A British Airways statement read: "Further to recent market speculation, British Airways confirms that the British Airways and Iberia boards are holding separate meetings today, to consider a potential transaction." "However,...
Other Related News -
British Airways, Iberia Reportedly Closer To Deal
12 November 2009 10:52
...-- British Airways shares jumped 5.3% in London and Iberia shares rose 6.2% in Madrid amid reports that the two companies are moving closer to a merger. According to the Times (of London) newspaper, British Airways said late Wednesday that "talks are continuing."...
Other Related News -
British Airways and Iberia move closer to landing merger deal
12 November 2009 12:12
...Airways is closing in on its long-awaited merger with Iberia, the Spanish flag carrier. An annoucement could be made as early as Friday, according to Sky News, although sources last night cautioned that any deal could still fall through. British Airways said...
Other Related News
British Airways Picture Gallery
13 November 2009 02:34
A British Airways plane taxis past an Iberia plane at Heathrow Airport west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
Getty Images

-
A British Airways plane taxis past an Iberia plane at Heathrow Airport west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
-
British Airways cabin crew look at a poster asking, 'How Are You Going To Vote?' as they arrive for the start of a union meeting to discuss a strike ballot at Sandown Racecourse in Esher, Surrey, south-west of London, on November 2, 2009. British Airways cabin crew voiced their anger Monday over the company's plans to cut jobs, pay and conditions as the threat of a strike just days before Christmas was raised. Members of Unite Union travelled from across the world to attend a mass meeting which was set to back calls for industrial action.
-
British Airways cabin crew arrive for the start of a union meeting to discuss a strike ballot at Sandown Racecourse in Esher, Surrey, south-west of London, on November 2, 2009. British Airways cabin crew voiced their anger Monday over the company's plans to cut jobs, pay and conditions as the threat of a strike just days before Christmas was raised. Members of Unite Union travelled from across the world to attend a mass meeting which was set to back calls for industrial action.
-
A British Airways plane taxis past an Iberia plane at Heathrow Airport west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
-
British Airways aircraft are pictured at Heathrow Airport, west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
-
British Airways cabin crew arrive for union meeting to discuss a strike ballot at Sandown Racecourse in Esher, Surrey, southwest of London, on November 2, 2009. British Airways cabin crew voiced their anger Monday over the company's plans to cut jobs, pay and conditions as the threat of a strike just days before Christmas was raised. Members of Unite Union travelled from across the world to attend a mass meeting which was set to back calls for industrial action.
-
British Airways cabin crew arrive for the start of a union meeting to discuss a strike ballot at Sandown Racecourse in Esher, Surrey, south-west of London, on November 2, 2009. British Airways cabin crew voiced their anger Monday over the company's plans to cut jobs, pay and conditions as the threat of a strike just days before Christmas was raised. Members of Unite Union travelled from across the world to attend a mass meeting which was set to back calls for industrial action.
-
A British Airways plane taxis past an Iberia plane at Heathrow Airport west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
-
A British Airways aircraft taxis (R) past an Iberia aircraft at Heathrow Airport, west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
-
A British Airways plane taxis past an Iberia plane at Heathrow Airport west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
-
A British Airways plane taxis past an Iberia plane at Heathrow Airport west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
-
A British Airways plane taxis past an Iberia plane at Heathrow Airport west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
-
British Airways cabin crew await the start of a union meeting to discuss a strike ballot at Sandown Racecourse in Esher, Surrey, southwest of London, on November 2, 2009. British Airways cabin crew voiced their anger Monday over the company's plans to cut jobs, pay and conditions as the threat of a strike just days before Christmas was raised. Members of Unite Union travelled from across the world to attend a mass meeting which was set to back calls for industrial action.
-
British Airways cabin crew stand outside while smoking cigarettes as they await the start of a union meeting to discuss a strike ballot at Sandown Racecourse in Esher, Surrey, southwest of London, on November 2, 2009. British Airways cabin crew voiced their anger Monday over the company's plans to cut jobs, pay and conditions as the threat of a strike just days before Christmas was raised. Members of Unite Union travelled from across the world to attend a mass meeting which was set to back calls for industrial action.
-
British Airways cabin crew arrive for the start of a union meeting to discuss a strike ballot at Sandown Racecourse in Esher, Surrey, south-west of London, on November 2, 2009. British Airways cabin crew voiced their anger Monday over the company's plans to cut jobs, pay and conditions as the threat of a strike just days before Christmas was raised. Members of Unite Union travelled from across the world to attend a mass meeting which was set to back calls for industrial action.
-
British Airways cabin crew arrive for the start of a union meeting to discuss a strike ballot at Sandown Racecourse in Esher, Surrey, south-west of London, on November 2, 2009. British Airways cabin crew voiced their anger Monday over the company's plans to cut jobs, pay and conditions as the threat of a strike just days before Christmas was raised. Members of Unite Union travelled from across the world to attend a mass meeting which was set to back calls for industrial action.
-
A British Airways plane taxis past an Iberia plane at Heathrow Airport west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
-
British Airways aircraft are pictured at Heathrow Airport, west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
-
A British Airways aircraft taxis (R) past an Iberia aircraft at Heathrow Airport, west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
-
British Airways cabin crew stand outside while smoking cigarettes as they await the start of a union meeting to discuss a strike ballot at Sandown Racecourse in Esher, Surrey, southwest of London, on November 2, 2009. British Airways cabin crew voiced their anger Monday over the company's plans to cut jobs, pay and conditions as the threat of a strike just days before Christmas was raised. Members of Unite Union travelled from across the world to attend a mass meeting which was set to back calls for industrial action.
-
British Airways cabin crew arrive for union meeting to discuss a strike ballot at Sandown Racecourse in Esher, Surrey, southwest of London, on November 2, 2009. British Airways cabin crew voiced their anger Monday over the company's plans to cut jobs, pay and conditions as the threat of a strike just days before Christmas was raised. Members of Unite Union travelled from across the world to attend a mass meeting which was set to back calls for industrial action.
-
British Airways cabin crew arrive for the start of a union meeting to discuss a strike ballot at Sandown Racecourse in Esher, Surrey, south-west of London, on November 2, 2009. British Airways cabin crew voiced their anger Monday over the company's plans to cut jobs, pay and conditions as the threat of a strike just days before Christmas was raised. Members of Unite Union travelled from across the world to attend a mass meeting which was set to back calls for industrial action.
-
A British Airways plane taxis past an Iberia plane at Heathrow Airport west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
-
British Airways cabin crew arrive for the start of a union meeting to discuss a strike ballot at Sandown Racecourse in Esher, Surrey, south-west of London, on November 2, 2009. British Airways cabin crew voiced their anger Monday over the company's plans to cut jobs, pay and conditions as the threat of a strike just days before Christmas was raised. Members of Unite Union travelled from across the world to attend a mass meeting which was set to back calls for industrial action.
-
LONDON, ENGLAND - NOVEMBER 13: British Airways planes wait to depart Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the world's largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: A British Airways flight departs Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the world's largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: British Airways planes wait to depart Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the worlds largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: British Airways planes wait to depart Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the worlds largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: A British Airways flight departs Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the world's largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: British Airways planes wait to depart Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the world's largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: British Airways planes wait to depart Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the worlds largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: British Airways planes wait to depart Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the worlds largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: A British Airways flight departs Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the world's largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: A British Airways flight departs Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the worlds largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: A British Airways flight departs Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the world's largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: A British Airways flight departs Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the worlds largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: A British Airways flight departs Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the world's largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: A British Airways flight departs Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the worlds largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: A British Airways flight departs Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the worlds largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: A British Airways flight departs Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the world's largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: British Airways planes wait to depart Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the world's largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: A British Airways flight departs Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the world's largest airlines by revenue.
-
ESHER, ENGLAND - NOVEMBER 02: Union members of British Airways Cabin Crew conduct a meeting at Sandown Park Racecourse to discuss a postal ballot on whether to strike at Christmas over pay, job cuts and changes to timetables on November 2, 2009 in Esher, England. The meeting of members of AMICUS and the 'British Airlines Stewards and Stewardesses Association' will debate whether to take industrial action over BA's proposed plans to cut the number of cabin crew on long-haul flights from 15 to 14 and to freeze pay for two years. The airline recorded a loss of 401m GBP last year and is predicted to report further large losses later this week.
-
LONDON, ENGLAND - NOVEMBER 13: A general view of Iberia's main office on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the world's largest airlines by revenue.
-
ESHER, ENGLAND - NOVEMBER 02: British Airways Cabin Crew arrive at Sandown Park Racecourse for a Unite union meeting to discuss a postal ballot on whether to strike at Christmas over pay, job cuts and changes to timetables on November 2, 2009 in Esher, England. The meeting of members of AMICUS and the 'British Airlines Stewards and Stewardesses Association' will debate whether to take industrial action over BA's proposed plans to cut the number of cabin crew on long-haul flights from 15 to 14 and to freeze pay for two years. The airline recorded a loss of 401m GBP last year and is predicted to report further large losses later this week.
-
LONDON, ENGLAND - NOVEMBER 13: A general view of Iberia's main office on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the world's largest airlines by revenue.
-
LONDON, ENGLAND - NOVEMBER 13: A general view of Iberia's main office on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the world's largest airlines by revenue.
-
ESHER, ENGLAND - NOVEMBER 02: Union members of British Airways Cabin Crew conduct a meeting at Sandown Park Racecourse to discuss a postal ballot on whether to strike at Christmas over pay, job cuts and changes to timetables on November 2, 2009 in Esher, England. The meeting of members of AMICUS and the 'British Airlines Stewards and Stewardesses Association' will debate whether to take industrial action over BA's proposed plans to cut the number of cabin crew on long-haul flights from 15 to 14 and to freeze pay for two years. The airline recorded a loss of 401m GBP last year and is predicted to report further large losses later this week.
-
ESHER, ENGLAND - NOVEMBER 02: British Airways Cabin Crew arrive at Sandown Park Racecourse for a Unite union meeting to discuss a postal ballot on whether to strike at Christmas over pay, job cuts and changes to timetables on November 2, 2009 in Esher, England. The meeting of members of AMICUS and the 'British Airlines Stewards and Stewardesses Association' will debate whether to take industrial action over BA's proposed plans to cut the number of cabin crew on long-haul flights from 15 to 14 and to freeze pay for two years. The airline recorded a loss of 401m GBP last year and is predicted to report further large losses later this week.
-
ESHER, ENGLAND - NOVEMBER 02: British Airways Cabin Crew arrive at Sandown Park Racecourse for a Unite union meeting to discuss a postal ballot on whether to strike at Christmas over pay, job cuts and changes to timetables on November 2, 2009 in Esher, England. The meeting of members of AMICUS and the 'British Airlines Stewards and Stewardesses Association' will debate whether to take industrial action over BA's proposed plans to cut the number of cabin crew on long-haul flights from 15 to 14 and to freeze pay for two years. The airline recorded a loss of 401m GBP last year and is predicted to report further large losses later this week.
