Combined with British Airways and Iberia was estimated at 5.3 billion pounds

According to Bloomberg, formed after the merger of British Airways and Iberia company International Airlines Group (IAG) has been at auction in London is estimated at 5.3 billion pounds (8.5 billion dollars).



Newly created company by market capitalization ahead of Air France-KLM Group, whose cost amounts to 5.4 billion dollars, and approached the German Lufthansa, which costs - 9.7 billion.

Negotiations to establish a common company between BA and Iberia have begun in 2007, and the final agreement was signed in April 2010. The British carrier owns 55 percent of the new company, and Spanish 45.