DDTV: SEE THE HIGHLIGHTS OF THE TIP O’NEILL DIASPORA AWARD EVENING

first_imgIt was a very special night for US woman Loretta Brennan Glucksman who was given the Tip O’Neill Diaspora Award in Buncrana last weekend. To see the highlight of the night, simply click on the DonegalTV video.  DDTV: SEE THE HIGHLIGHTS OF THE TIP O’NEILL DIASPORA AWARD EVENING was last modified: October 2nd, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:donegalTip O’Neill Awardlast_img

Funding agreement sets BA Iberia merger

first_imgIberia clears the path to merge with BA The much anticipated merger between Iberia Airlines and British Airways (BA) is back on track after Iberia agreed to a plan which will see the newly merged entity essentially clear BA’s £3.7 billion pension deficit.In an agreement with its unions, BA have promised to contribute at least £330 million annually until 2026, a move which Iberia have approved, the Independent reported. Given the recent staffing and financial troubles of the much beleaguered BA, Iberia had the right to walk away from the deal, which is reportedly worth £5 billion, but after consideration of BA’s proposals have instead made clear the route to merge.Iberia informed Spain’s Securities Market Commission earlier this week that its Board of Directors had decided “not to exercise its right to cancel the Merger Contract with British Airways in relation to the agreement reached between the latter and the trustees of its pension funds.” “This decision represents another step forward in the merger process,” Iberia said in a statementThe merger, already approved by the European competition watchdog now just waits for a formal shareholder sign off which is expected in November according to Iberia.IAG will be headed by BA chief executive Willie Walsh, with Iberia chief executive set to be chairman. Source = e-Travel Blackboard: G.Alast_img read more