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iberia,losses,drive,home,logic,of,british,airways,merger Iberia losses drive home logic of British Airways merger
Large scale combined airline will appeal to investors keen to see both carriers stave off the effects of a deep recession and increased competition from no-frills operators Iberia underlined why it needs a £4.3bn merger with British Airways this morning by reporting a loss during its profitable summer trading period. The Spanish national carrier, which announced last night it will merge with BA ...
2009-11-16 - Guardian Unlimited