A British Airways passenger jet taxis past Iberia jets at the Barajas airport in Madrid, November 12, 2009. Spanish airline Iberia's board has approved a merger with British Airways, El Pais reported on its website on Thursday. Iberia chairman Antonio Vazquez will be chairman of the new company, whose headquarters will be in London, the newspaper said. Reuters Pictures 2 months ago

A British Airways passenger jet taxis past Iberia jets at the Barajas airport in Madrid, November 12, 2009. Spanish airline Iberia's board has approved a merger with British Airways, El Pais reported on its website on Thursday. Iberia chairman Antonio Vazquez will be chairman of the new company, whose headquarters will be in London, the newspaper said.

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  1. A British Airways Jumbo Jet takes off from Heathrow Airport in west London February 5, 2010. British Airways posted a surprise third-quarter operating profit, helped by heavy cost cutting, but said it was still in a worse position than last year, despite attempts to adapt to the realities of global recession.
  2. A British Airways Jumbo Jet taxis past parked aircraft at Heathrow Airport in west London February 5, 2010. British Airways posted a surprise third-quarter operating profit, helped by heavy cost cutting, but said it was still in a worse position than last year, despite attempts to adapt to the realities of global recession.
  3. British Airways aircraft are parked at Heathrow Airport in west London February 5, 2010. British Airways posted a surprise third-quarter operating profit, helped by heavy cost cutting, but said it was still in a worse position than last year, despite attempts to adapt to the realities of global recession.
  4. British Airways aircraft are parked at Heathrow Airport in west London February 5, 2010. British Airways posted a surprise third-quarter operating profit, helped by heavy cost cutting, but said it was still in a worse position than last year, despite attempts to adapt to the realities of global recession.
  5. British Airways aircraft are parked at Heathrow Airport in west London February 5, 2010. British Airways posted a surprise third-quarter operating profit, helped by heavy cost cutting, but said it was still in a worse position than last year, despite attempts to adapt to the realities of global recession.
  6. Christian British Airways check-in employee Nadia Eweida arrives at the Royal Courts of Justice to fight a ruling that she was not a victim of religious discrimination by British Airways, London, Tuesday, Jan. 19, 2010. The 58-year-old airport check-in clerk was sent home by BA after she refused to comply with a ban on employees wearing visible religious symbols in late 2006.
  7. Christian British Airways check-in employee Nadia Eweida arrives at the Royal Courts of Justice to fight a ruling that she was not a victim of religious discrimination by British Airways, London, Tuesday, Jan. 19, 2010. The 58-year-old airport check-in clerk was sent home by BA after she refused to comply with a ban on employees wearing visible religious symbols in late 2006.
  8. Christian British Airways check-in employee Nadia Eweida arrives at the Royal Courts of Justice to fight a ruling that she was not a victim of religious discrimination by British Airways, London, Tuesday, Jan. 19, 2010. The 58-year-old airport check-in clerk was sent home by BA after she refused to comply with a ban on employees wearing visible religious symbols in late 2006.
  9. Christian British Airways check-in employee Nadia Eweida, shows her Christian cross to the media, as she arrives at the Royal Courts of Justice to fight a ruling that she was not a victim of religious discrimination by British Airways, London, Tuesday, Jan. 19, 2010. The 58-year-old airport check-in clerk was sent home by BA after she refused to comply with a ban on employees wearing visible religious symbols in late 2006.
  10. British Airways aircraft are pictured at Heathrow Airport, west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
  11. A British Airways aircraft taxis (R) past an Iberia aircraft at Heathrow Airport, west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
  12. A British Airways plane taxis past an Iberia plane at Heathrow Airport west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
  13. A British Airways plane taxis past an Iberia plane at Heathrow Airport west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
  14. A British Airways plane taxis past an Iberia plane at Heathrow Airport west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
  15. A British Airways plane taxis past an Iberia plane at Heathrow Airport west of London, on November 13, 2009. British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday. The deal will create a huge group, since Iberia is rich in routes to Latin America where several economies have strong emerging market status.
  16. LONDON, ENGLAND - NOVEMBER 13: British Airways planes wait to depart Heathrow Airport on November 13, 2009 in London, England. Spanish Airline Iberia and British Airways have reached an agreement over a possible merger that could see the two companies merge by the end of 2010, to create one of the worlds largest airlines by revenue.

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