Basic T
New member
In recent weeks, AF KLM Chairman and CEO Jean-Cyril Spinetta has stated several times that the group is "studying" the Iberia dossier. Earlier this week, British Airways CEO Willie Walsh told this website at the Routes Leaders Forum in Stockholm that BA is leading a consortium that itself is conducting due diligence on Iberia.
Vueling, meanwhile, named former Go CEO Barbara Cassani chairman to replace Jose Miguel Abad, who resigned along with two other board members representing Grupo Planeta following "disagreement about the management" of the company, the LCC said in a filing to the Spanish stock market regulator earlier this week. The departure of the Grupo Planeta representatives raised speculation that GP, which holds a 15.87% stake in Veuling through Inversiones Hemisferio, might sell its shareholding to join Torreal and AF KLM in the bid for Iberia.
Vueling, meanwhile, named former Go CEO Barbara Cassani chairman to replace Jose Miguel Abad, who resigned along with two other board members representing Grupo Planeta following "disagreement about the management" of the company, the LCC said in a filing to the Spanish stock market regulator earlier this week. The departure of the Grupo Planeta representatives raised speculation that GP, which holds a 15.87% stake in Veuling through Inversiones Hemisferio, might sell its shareholding to join Torreal and AF KLM in the bid for Iberia.