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US authorities provisionally approve oneworld transatlantic tie-up

US authorities provisionally approve oneworld transatlantic tie-up

15 February 2010 Airline News

The American Department of Transport (DOT) has issued a tentative decision approving antitrust immunity for American Airlines and its oneworld partners, allowing the formation a global alliance. If granted final approval, the decision will allow the oneworld Alliance to join Star and SkyTeam – both of which have operated with antitrust immunity in the USA for some time – in the North American market.

BA’s mushrooming pension deficit threatens Iberia merger

BA’s mushrooming pension deficit threatens Iberia merger

15 December 2009 Airline News

The odds of a merger between British Airways and Iberia have lengthened following news that the pension deficit of the British flag carrier has grown by £1.6bn over the past year. BA may now no longer be able to meet long-term payments to its entire workforce, which has been the main sticking point in the proposed tie-up with Iberia.

BA and Iberia agree merger deal

13 November 2009 Press Release Airline News

British Airways and Spain’s Iberia have announced that they have reached a preliminary agreement for a merger following discussions at separate board meetings throughout yesterday.

Iberia plans new airline for short, medium haul flights

Iberia plans new airline for short, medium haul flights

23 October 2009

The Spanish national carrier Iberia has unveiled plans to create a new airline to handle its short- and medium- haul routes in an effort to reverse declining revenues, weak demand and mounting losses in the current economic crisis.

GOL and Iberia sign code-share agreement

GOL and Iberia sign code-share agreement

20 October 2009 Press Release Airline News

GOL Linhas Aereas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, and Iberia, Spain’s largest air transport group, announced today that the companies have signed a code-share agreement.

EU questions BA-AA-Iberia venture

EU questions BA-AA-Iberia venture

2 October 2009 Airline News

The European Commission has voiced its concerns over the proposed transatlantic venture between British Airways, American Airlines and Iberia. These include the disproportionate hold the three airlines would have on key Europe-to-US routes from Heathrow to Miami and Dallas.