FlyerTalk Forums - View Single Post - IB shareholders holding out for better share price before BA "merger"
Old Jun 21, 2006 | 11:27 am
  #53  
rrgg
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Originally Posted by vistabeta_2
To begin with the "red numbers" of Iberia came from the adquistion of "Aerolineas Argentinas" and other idiocies of the politicians.

...Did you know Why state owned Iberia Buyed AR ? .

...The debt at IB were caused for political interference , so the politicians decided to clean IB of this and DETACHED Aerolineas Argentinas and it's debt from Iberia in order to IB to be privatized .
The state gave them a lot of money. The reason IB needed it doesn't matter.

Don't you think IB's financial status would be different today if this didn't happen?

Last edited by rrgg; Jun 21, 2006 at 11:34 am
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