{"id":337,"date":"2009-11-12T06:23:25","date_gmt":"2009-11-12T12:23:25","guid":{"rendered":"http:\/\/www.nationalturk.com\/en\/?p=337"},"modified":"2009-11-13T08:45:54","modified_gmt":"2009-11-13T14:45:54","slug":"british-airways-iberia-merger","status":"publish","type":"post","link":"https:\/\/www.nationalturk.com\/en\/british-airways-iberia-merger\/","title":{"rendered":"British Airways flies as its board considers Iberia merger"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2009\/11\/british-airways1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-338\" title=\"British Airways \" src=\"http:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2009\/11\/british-airways1-300x183.jpg\" alt=\"British Airways \" width=\"300\" height=\"183\" srcset=\"https:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2009\/11\/british-airways1-300x183.jpg 300w, https:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2009\/11\/british-airways1.jpg 460w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>British Airways&#8217; shares are soaring &#8211; up 7% at the moment &#8211; as the airline confirmed its board is meeting today to consider a merger with Spain&#8217;s Iberia.<\/strong><\/p>\n<p>At the same time Iberia is holding a separate meeting, prompting speculation that a deal is imminent after months of negotiation. BA pointed out that &#8220;no decisions have been taken&#8221; and that &#8220;there can be no guarantee that a transaction will be forthcoming.&#8221;<\/p>\n<p>However that has not stopped investors pushing up BA&#8217;s shares 13.4p to 213.4p, making it the biggest riser in the FTSE 100.<\/p>\n<p>Spanish reports suggest that Iberia has approved the merger, and agreed it will hold 45% of the merged company, with BA having 55%.<\/p>\n<p>Analysts have long said that a merger &#8211; and a link up with American Airlines if anti-trust issues are overcome &#8211; is the best way forward for BA as it tries to emerge from the current turmoil surrounding the airline industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>British Airways&#8217; shares are soaring &#8211; up 7% at the moment &#8211; as the airline confirmed its board is meeting today to consider a merger with Spain&#8217;s Iberia.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25,80,68,17,101,117],"tags":[946,943,945,509,507,944,947,514],"class_list":["post-337","post","type-post","status-publish","format-standard","hentry","category-america","category-breaking-news","category-business","category-europe","category-politics","category-travel","tag-american-airline","tag-american-airlines","tag-at-the-same-time-iberia","tag-british-airway","tag-british-airways","tag-iberia","tag-spanish","tag-strike-british-airways"],"_links":{"self":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/comments?post=337"}],"version-history":[{"count":0,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/337\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/media?parent=337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/categories?post=337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/tags?post=337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}