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Aircraft and finance: International Airlines Group looks for company able to buy Spanish bank share

Madrid, Spain - Etihad Airways is a possible purchaser

International Airlines Group (IAG), a multinational airline holding company formed in January 2011 by the merger of British Airways and Iberia, is looking for a company able to purchase the group stake currently owned by Bankia, a troubled Spanish banking house, according to an interview released by IAG CEO Willie Walsh to the Iberian financial newspaper "Expansion". Bankia owns a 12%-share, which...

AVIONEWS - World Aeronautical Press Agency - 1142374

AVIONEWS - World Aeronautical Press Agency