Signed the British Airways-Iberia merger

The signing for the British Airways-Iberia merger has came: the two companies announced it.
The new entity will be publicly quoted in the British and Spanish stock exchange. The civil aviation authorities of both countries confirmed to the two carriers that the structure of both will allow them to maintain the current licenses and national traffic rights. Now the process continues: British Airways and Iberia aim to present the transaction to the shareholders for their approval in November and completion is expected for about a month later.