BA, American Buy Into Iberia; Iberia Joins Oneworld
Iberia took its first major step toward privatization and release from state-run Spanish holding SEPI Friday with the sale to British Airways and American of 10% of its shares. The purchase is valued at 58 billion pesetas (US$308.5 million). BA bought 9% and American 1%, and both have pledged to...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
