Help the refugees

If you move around the world by choice, consider helping those forced from their homes by conflict. Donate to the UN Refugee Agency today.

Home News BA says its shareholders approve landmark Iberia merger

BA says its shareholders approve landmark Iberia merger

Published on 29/11/2010

British Airways shareholders overwhelmingly approved the airline's landmark multi-billion-euro merger with Spanish carrier Iberia following a vote here on Monday, BA said.

“We are delighted that our shareholders have approved our merger with Iberia and await the result of the Iberia shareholder meeting,” said the statement.

A spokesman added that BA shareholders voted 99 percent in favour of a deal to create Europe’s second biggest airline.

Iberia shareholders were currently meeting on whether to back the tie-up worth more than 6.0 billion euros (8.0 billion dollars).