Iberia and British Airways shareholders to vote on merger today; SAS and Lufthansa fall
Iberia (-1.5%) and British Airways (-1.2%) declined with the majority of European airlines on Friday (26-Nov-2010) ahead of a final vote by shareholders on the GBP5 billion merger at a meeting in London today (29-Nov-2010). Shareholder approval, which is widely expected, will lead the way to the creation of International Consolidated Airlines Group (IAG).