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British Airways and Iberia agree merger

Tags: Europe, Business, World, News
 
Nov 13, 2009 12:41 Moscow Time
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The biggest air-carriers of the UK and Spain British Airways and Iberia have agreed their merger by signing a declaration of intent. According to the British company’s official spokesperson, the process is due over in 2010 to possibly result in the emergence of a European giant air-carrier, second only to Germany’s Lufthansa. The new company will boast a fleet of 419 aircraft to fly to 205 destinations.

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