British Airways, Iberia agree to merge
AFP via Yahoo! News
British Airways and Iberia of Spain reached preliminary agreement late Thursday on a seven-billion-dollar merger to create one of Europe's biggest airlines, ending months of negotiations.
BA, Iberia deal eyes future consolidation
Reuters UK
BA's Chief Executive Willie Walsh, who will be CEO of the new group, wants to take on Air France-KLM -- formed from a Franco-Dutch merger in 2004 -- and Lufthansa, which has successfully combined with Swiss International Airlines and Austri...
BA-Iberia £4.4bn merger creates Europe's third-largest airline
Daily Telegraph
Owing to the complex bilateral rules between countries that govern flying rights, the deal has been structured along similar lines to the Air France-KLM combination where both airlines maintain their national identities, operating companies...
BA chief says Iberia deal won’t raise fares
WNYT
The combined company would consolidate BA’s rank as Europe’s third largest airline behind Germany’s Lufthansa and Air-France KLM with anticipated annual revenues of euro15 billion ($22.5 billion) _ at a time the industry is struggling with ...
BA says it needs Iberia merger to keep global status
AFP via Yahoo! News
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.
Air France-KLM load factor improves
Marketwatch
LONDON (MarketWatch) -- Air France-KLM (PARIS:FR:AF) said Monday that it carried 6.3 million passengers in October, a 5.3% decline compared to a year earlier. The airline said traffic once again declined less than capacity, leading to a 1.3...
Don't believe BA-Iberia deal until it has happened | Nils Pratley
MalaysiaNews.net
British Airways has tried and failed to achieve a big merger. Deals with American Airlines, KLM (twice) and Qantas failed to achieve lift-off. Now, after 16 months of talks, merger with Iberia is in s...
Air France-KLM Cargo Volume Tumbles
Journal of Commerce Online
Air France-KLM, Europe’s biggest cargo airline, reported freight traffic shrunk 19.1 percent in October from a year ago, led by a slump in shipments in its Asia/Pacific network.
BA and Iberia: merger positive for passengers
AP via Yahoo! News
British Airways PLC and Spain's Iberia SA talked up the benefits of a proposed $7 billion merger on Friday, dismissing criticisms that the deal could increase fares, reduce competition and drag down service standards at Britain's flagship c...
Air France-KLM's passenger traffic drops 4.1% in October
People's Daily
Passenger traffic with Europe's leading airline group, Air France-KLM, fell for the 10th straight month with a 4.1 percent drop in October, the Paris-based company announced Monday in its monthly traffic statistics. As the group cut its tra...
Q&A: Iberia British Airways merger
The Guardian
The airline's annual revenues of €15bn (£13.4bn) make it Europe's third largest airline by revenues, behind Germany's Lufthansa and Air-France KLM. In global terms, it will be the sixth largest behind a list that is dominated by US carriers...
Air France CEO Gourgeon Unveils New Medium-Haul Services
Bloomberg
Nov. 12 (Bloomberg) -- Air France KLM Group is overhauling the services it offers on short- and medium-haul flights to better respond to passenger requirements, with one product for premium, higher-paying passengers and another ‘inexpensive...
Air France-KLM Cargo Volume Tumbles
The Journal of Commerce Online
Air France-KLM, Europe’s biggest cargo airline, reported freight traffic shrunk 19.1 percent in October from a year ago, led by a slump in shipments in its Asia/Pacific network. But the Franco-Dutch carrier slashed capacity by 19.4 percent ...
