BA-Iberia Merger Forms Europe’s 3rd Largest Airlines

British Airways (BA) has signed a merger deal with Spain’s Iberia to form Europe’s third biggest airlines. The merger will come into life under a new holding company called International Airlines Group, boasting of 408 aircrafts and flying to 200 destinations.

Till the last development, there has been no communication on fleet reduction and staff cuts. However, such developments have always taken place after all similar airlines mergers in the past.