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Iberia: government ready to sell its stake

Madrid, Spain - The BA could grab a chance to increase its shareholding

The Spanish government plans to sell its remaining stake in Iberia: so British Airways could increase its shareholding in the Spanish airline. The government holds currently a 5,25 per cent stake in Iberia through state holding company SEPI. Iberia has been privatised in 2001: BA owns 9 per cent and American Airlines one per cent. The English carrier refused to confirm it is interesting in government’s s...

AVIONEWS - World Aeronautical Press Agency - 106984
Rome, Italy, 11/05/2004 18:01
AVIONEWS - World Aeronautical Press Agency

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