BA–Iberia tie-up would create world’s third largest airline
31 July 2008If the proposed merger between British Airways and Iberia is given the go-ahead, it will create the world’s third largest revenue carrier and give the two carriers a combined 13.5% share of the transatlantic market based on capacity.
The oneworld alliance partners announced on 29 July that they are in talks with a view to carrying out an all-share merger, which would see both airlines retaining their brands as part of a combined group.
source: flightglobal.com