The merger of British Airways and Iberia has moved a step closer to reality, following overwhelming approval by BA shareholders yesterday. Both carriers held shareholder meetings on Nov. 29 to seek approval for the merger, and more than 99% of BA shareholders voted in favor. The result of the Iberia shareholder vote is yet to be released. BA says the deal, which remains subject to further court approval, is expected to be completed in January 2011. It will create a holding company ...

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