The European Commission (EC) has given its blessing to the proposed merger between British Airways and Iberia of Spain, both active in passenger and cargo transport and related services. “The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it,” the EC said.

With its main hubs in Madrid and Barcelona (where its operations are carried out mainly through its subsidiary Vueling), Iberia provides scheduled air passenger and cargo transport services to 106 destinations in more than 43 countries with an additional 110 cities served under various code-sharing relationships.