22nd May 2007 07:04
British Airways PLC22 May 2007 STATEMENT ON IBERIA British Airways has joined with TPG Capital, Vista Capital, InversionesIbersuizas and Quercus Equity to investigate a possible consortium offer forIberia. There is no guarantee that a formal bid will be made. The airline has previously ruled out further capital investment as part of anyconsortium offer and will not make an independent bid for the airline. Ends May 22, 2007 065/LG/07 Certain information included in these statements is forward-looking and involvesrisks and uncertainties that could cause actual results to differ materiallyfrom those expressed or implied by the forward looking statements. Forward-looking statements include, without limitation, projections relating toresults of operations and financial conditions and the Company's plans andobjectives for future operations, including, without limitation, discussions ofthe Company's Business Plan programs, expected future revenues, financing plansand expected expenditures and divestments. All forward-looking statements inthis report are based upon information known to the Company on the date of thisreport. The Company undertakes no obligation to publicly update or revise anyforward-looking statement, whether as a result of new information, future eventsor otherwise. It is not reasonably possible to itemize all of the many factors and specificevents that could cause the Company's forward looking statements to be incorrector that could otherwise have a material adverse effect on the future operationsor results of an airline operating in the global economy. Information on somefactors which could result in material difference to the results is available inthe Company's SEC filings, including, without limitation the Company's Report onForm 20-F for the year ended March 2007. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
International Airlines