Now not everyone knows that the Spanish airline Iberia hasn't been faring so well, but you should be very aware that they've just reached a preliminary agreement with British Airways to merge. This means that the airlines will cooperate on flights and form a company which, according to SkyNews, has "419 aircraft which would fly to 205 destinations."
BA and Iberia, along with American Airlines and Finnair already put the merger cogs in motion back in August 2008 when they created the website "MoreTravelChoices.com." Since even before then, Sir Richard Branson of Virgin Atlantic has been railing out against the proposed merger of BA and AA especially, arguing that they'd have a near monopoly on transatlantic routes—ones that Virgin also flies.
Since there's not really not much more information on the BA-Iberia merger during this nascent stages, we're left wondering how Branson feels about it too, and if flyers will in any way reap any lower airfare benefit. Probably not, even if BA and Iberia save a total of 400 million Euros through it.
Related Stories:
· BA. Iberia say agree merger [Reuters]
· British Airways And Iberia Reach Deal In Merger Plan [Sky News]
· Airline News coverage [Jaunted]
[Photo: SkyNews]
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