British Airways: chronology of the merger of the Iberian Peninsula
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A British Airways plane lands at Heathrow as an Iberia airplane waiting to take off.?Photo: PA
1998: BA undertakes to take a stake in the Iberian Peninsula, with American Airlines.Iberia belonged again later by the Spanish Government.
2003: BA and Iberia earn European approval for the operation of an alliance in the European Union.
2004: Iberia announces plans to start the commune with BA flights images Spain and the United Kingdom accounts.
2004: BA sells its stake in Qantas lifting m ￡ 425, increasing speculation it would increase its stake in 9pc Iberian Peninsula.
2006: BA purchased set of American Airlines, Iberia, raise its participation to 10pc autour.
2007: In may, BA has joined a bid group led by company TPG Capital to make an offer of the Iberian Peninsula.Group withdrew its offer to support (￡ 2 9bn) of €3 in November of this year.
2008: BA, American Airlines and Iberia announce a transatlantic mooring in order to work together on the roads between the United States Mexico, the Canada, Europe.
2008: December, Iberia shares climb after a docking between BA and Qantas is called on the prospect of another merger with Spanish airline.
2009: BA reveals plan to cut 1,700 cabin at the United Kingdom and start pay two years for cabin crew base gel.
2009: November, BA and Iberia announce intent to merge, creating a mixed society worth represents €.(￡ 4 5bn) .the ' objective is to complete the transaction at the end of December 2009 2010.Toutefois BA reveals that he has a ￡ 3 pension deficit. 7bn, which becomes a major impediment in the negotiations of the merger.
2010: In April, BA and Iberia sign agreement to merge, creating second airline Europe.
2010: BA and Iberia shareholders on 29 November, organize meetings in London and Dublin to accept the agreement, which will see the name of British Airways disappear from the FTSE 100 24 January 2011, when the combined company will begin trade International Airlines Group.BA shareholders overwhelmingly voted in favour.
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