The trains in Spain take traffic from the planes
Spain gives America a lesson that train travel over relatively short distances can compete with airlines. The new high-speed Madrid–Barcelona train is cutting into their national airline’s schedules and profit levels.
New merger dance partners — British Airways and Iberia
British Airways and Iberia are talking merger. The two airlines plan to spend several months to discuss the terms. If it happens, the new entity would become the world’s third-biggest airline, behind Air France-KLM and Lufthansa.