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Old 5th Apr 2007, 18:39
  #341 (permalink)  
pinhammond
 
Join Date: Oct 2004
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MUFC_fan. In reply to your comments, Why would anyone want to buy Iberia? It is facing rapidly intensifying domestic competition from Veuling and others. It has had to create Clickair with other partners because it cannot make money in BCN. It has what is rumoured to be a fractious relationship with Air Nostrum which it does not own and yields in all markets in Spain are under threat as LOCOs expand. A good example of this is that EasyJet now massively outcarries Iberia at AGP. In order to be attractive to anyone IB has to address its costs. At the moment it looks a bit like Aer Lingus and some other European legacy carriers. A financial expert would probably say sell your shares.
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