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IAG Initiates New Share Buy-Back to Bolster Air Europa Acquisition
IAG, the parent company of British Airways and Iberia, has started another share buy-back program aimed at supporting its planned acquisition of Spanish airline Air Europa.
IAG, the parent company of British Airways and Iberia, has started another share buy-back program aimed at supporting its planned acquisition of Spanish airline Air Europa.
British Airways experienced a significant IT meltdown at Heathrow Terminal 5 on Tuesday, causing passengers to wait over five hours for their baggage. The disruption, which started around 2 pm, stemmed from a fault in the airline’s computerised resource management system.
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