European Union approves merge

RNS Number : 3357P

British Airways PLC

14 July 2010

 



EUROPEAN UNION APPROVES MERGER WITH IBERIA

The European Union has approved the planned merger between British Airways and Iberia without applying any conditions.

The airlines received regulatory approval from the US authorities last month.

These approvals are another important step towards the completion of the merger which is scheduled to take place by the end of 2010.

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July 14, 2010                                                                                         67/LG/10

Certain information included in these statements is forward-looking and involves risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward looking statements.

Forward-looking statements include, without limitation, projections relating to results of operations and financial conditions and the Company's plans and objectives for future operations, including, without limitation, discussions of the Company's Business Plan programs, expected future revenues, financing plans and expected expenditures and divestments. All forward-looking statements in this report are based upon information known to the Company on the date of this report. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

It is not reasonably possible to itemize all of the many factors and specific events that could cause the Company's forward looking statements to be incorrect or that could otherwise have a material adverse effect on the future operations or results of an airline operating in the global economy.  Further information on some of the most important risks in this regard is given in the Company's Annual Report and Accounts for the year ended March 31, 2010,  which is available on www.bashareholders.com.

Investor Relations,  Waterside (HAA3), PO Box 365, Harmondsworth, UB7 OGB:  Tel: [phone]

 

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