So now IAG cannot buy out Vueling 100%, does this leave the 737-400 replacement at Gatwick in some doubt?
I think you're jumping the gun here Buster old bean.
Vueling management see Vueling's future (and their golden handshakes, no doubt) with IAG.
The sticking point has been the fact speculators have artificially elevated Vueling's share price so that its current market cap makes IAG's offer seem somewhat lacking.
The deal will happen. The question is whether IAG will bite the bullet and pay over the odds (which I doubt, considering the extra cost of the revised Iberia streamlining IAG now have to fund) or whether they will wait for the short speculators to lose patience, move on and allow the stock price to return to more realistic levels.
Still not sure why people are connecting Vueling with the Gatwick fleet. Seems only on here and a.net does such talk have any credence; certainly not amongst BA bods...