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IAG considers buying Vueling

Thursday, 8 November 20123 min read

British Airways and Iberia parent IAG is considering buying Spanish budget airline Vueling.

Iberia already has a 45% stake in Vueling.

IAG said in a statement today that its board was looking into “making an offer for 100% of the share capital of Vueling Airlines”.

The group is due to release its third-quarter results tomorrow (Friday).