British Airways buys American's 1% stake in Iberia
'LONDON (MarketWatch) -- British Airways Plc said it's bought American Airlines remaining 1% stake in Iberia for 19 million euros ($24 million). The move takes BA's total share holding from 9% to 10%. The transaction is intended to preserve British Airways' two seats on the Iberia board, it said.'
There goes the spare change. Hope they are nice seats.