British Airways and Iberia still expect to complete their merger in December, after having reached agreement on April 8. The deal largely reflects a memorandum of understanding worked out last year in discussions that now are around two years old. If regulators and shareholders agree to the deal, the latter will get to vote on the issue in November. The entity is expected to have 408 aircraft, carry more than 58 million passengers and generate €400 million ($532 million) in savings over five ...

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