BA/IB: Inspiration from AF/KL and LH/LX

摘要

So, British Airways has finally taken the plunge. It and Iberia announced their engagement: a new company, to be listed on the London and Madrid stock exchanges, will be formed to acquire the whole share capital of each existing airline in a full share swap. Each of the current companies it is envisaged will retain their separate brands and identities while, with regulatory approval, the two operations will be able to coordinate schedules and fares across their whole networks. The two companies expect that the prenup-tial negotiations will take several months. The agreement appears unanimously backed by the respective company boards of directors.