Good first trading day for IAG

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Thursday, 27 January 2011

Willie Walsh, ceo of the newly-formed International Airlines Group (IAG) has said the new company - a merger of the UK's British Airways and Spain's Iberia - has a "great future", which will include other carriers.

"British Airways and Iberia are the first two airlines in IAG but they won't be the last," he said.

The new company started trading on the London Stock Exchange on Monday and ended the session at 285 pence per share, up 0.9 per cent.