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No news is good news - Iberia and British Airways merger holding pattern

Shares in Iberia and British Airways gained 1.2% and 0.4%, respectively, yesterday, as reports emerged that Iberia's board had taken no decision to proceed with the merger. March was previously expected to be a key month for decisions.

Elsewhere, Norwegian continued its rally, up another 2.9% yesterday, while Nordicrival, Finnair, eased 4.2%.

European selected airlines daily share price movements (% change): 25-Mar-09