Listen to the Article - Powered by

British Airways (BA) and Spain's Iberia announced Thursday a preliminary agreement for a $7 billion merger, to create the world's third-largest airline by revenue. The deal, which the companies hope to close by the end of 2010, ends the British flag carrier's long pursuit of Iberia to create an enlarged group, able to cope with the industry's largest downturn in decades.

This Article is only available in The Daily Star on-line archive.
Containing over 100,000 articles, The Daily Star archive is an excellent information source and research tool for all events in Lebanon and the region since 1997.

To access the article you must Register and purchase an Archive pack.
If you are already registered but you didn't purchase an Archive pack, Please please login here and purchase an Archive pack.

For a new Star Scene experience, check our new website at http://starscene.dailystar.com.lb