Iberia faces attack as shares go on sale

1999-11-01T00:00:00

A 53% stake held in the flag carrier by state holding company SEPI will be floated. Iberia president, Xabier de Irala, has been talking up the issue, pointing out that parameters set out in the company's 1997-9 strategic plan have been more than exceeded, with accumulated pre-tax profits, at c671 ...

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