IAG CEO Willie Walsh reportedly stated the company is interested in merging TAP Portugal with British Airways and Iberia (The Times/Bloomberg, 30-Jul-2011). IAG is interested in TAP “because it has a very strong network into Brazil. They are the No 1 player between Europe and Brazil," Mr Walsh reportedly stated. Several airlines are expected to enter the bidding process, including Lufthansa, Air France and LAN.
1-Aug-2011 1:17 PM