Vueling Airlines‘ (Barcelona) board of directors has approved the latest bid by the International Airlines Group (IAG) (London) after IAG raised its bid for the remaining shares by 32 percent to €9.25 a share.

IAG CEO Willie Walsh also stated Vueling Airlines will remain a separate carrier and will not be merged with the higher cost and troubled Iberia (Madrid).

Read the full report from Bloomberg: CLICK HERE

Copyright Photo: Gerd Beilfuss. Airbus A320-214 D-AXAS (msn 5533) with Sharklets at a snowy Hamburg (Finkenwerder) became EC-LVO when it was handed over on April 5.

Vueling Airlines: