BA and Iberia: Merger will benefit customers

Timeshare owners have been told that the merger of Iberia and British Airways (BA) would benefit them and other customers.

According to the airlines, timeshare owners will be offered improved flight frequencies and connections, as well as more competitive prices, access to additional VIP lounges and improved frequent flyer benefits.

Antonio Vazquez, chairman and chief executive officer of Iberia, said that the merged organisation will be one of the most important airlines on the face of the planet.

Willie Walsh, BA's chief executive, will lead the newly-formed business if it is given the green light, along with a management team chosen equally from the airlines.

Regulatory approval is still needed for the deal to go ahead, while confirmation is also required from the Spanish and UK Civil Aviation Authorities, among other conditions.

Frances Tuke, spokesperson for ABTA - The Travel Association, has said that the deal will be positive for customers because of the strength of a combined airline.