BA and Iberia to merge
British Airways' Boeing 747. Photo: Wikipedia
British Airways are likely to merge with Spanish airline Iberia that today approved the merger, the financial headquarters of the new airline will be located in London.
The merged BA-Iberia carrier will be chaired by Antonio Vazquez, the current chairman of Iberia and it is also expected that Willie Walsh, BA’s chief executive, will retain his role at the merged group, The Times reports.
It is not clear what position Martin Broughton, BA’s chairman since 2004, will hold within the merged operation if the UK airline board approves the combination.
Both airlines will continue to operate under their existing brands within a parent company.
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