25 March 2010

NEWS FLASH: Iberia to Hold Off Signing Final Merger Docs

I am not one to normally put out a news story - preferring to comment. But this is a fresh off the wires story that I have been following for some time.

According to Aviator.Aero the board at Iberia has decided to hold off "indefinitely" their final merger approval with British Airways.

In the Aviator.Aero news letter of today March 25th 2010 the following story appears.

"Iberia (Spain) board of directors to hold off signing merger agreement with British Airways indefinitely."

More details (or a retraction) as this story progresses. So far it has not appeared on their website either and no one else has picked it up


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