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BA and Iberia: merger positive for passengers

LONDON (AP) — British Airways PLC and Spain's Iberia SA talked up the benefits of a proposed $7 billion merger on Friday, dismissing criticisms that the deal could increase fares, reduce competition and drag down service standards at Britain's flagship carrier.

The agreement ends more than a year of talks between BA and Iberia aimed at finding a way for the two loss-making carriers to share...

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