7-Sep-2010 10:12 AM
Emirates expresses doubts about BA/Iberia merger
Emirates vice-chairman, Maurice Flanagan, forecast it will be difficult for the merger between British Airways and Iberia to achieve the targeted economies of scale (Bloomberg, 06-Sep-2010).
Emirates: "The route structures complement each other, with British Airways flying to places that Iberia doesn't and vice versa, but complexity is the bugbear of our business and this merger looks rather too complex," Maurice Flanagan, vice-Chairman. Source: Bloomberg, 06-Sep-2010.