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Intl Con Airline Grp IAG IAG Statement on Vueling

  Intl Con Airline Grp (IAG) - IAG Statement on Vueling

RNS Number : 6074Q
International Cons Airlines Group
07 November 2012






IAG STATEMENT ON VUELING



Following media reports, International Consolidated Airlines Group, S.A. (IAG)
can confirm that it is considering making an offer for 100 per cent of the
share capital of Vueling Airlines, S.A. (Vueling).

The IAG board will be considering the matter tomorrow (November 8, 2012) but
no decision to make an offer has yet been reached nor, accordingly, on any of
its potential terms, including in particular the price. Further announcements
will be made in due course when a decision is made.

IAG's subsidiary Iberia L.A.E. Operadora, S.A. has a 45.85 per cent
shareholding in Vueling.



                                     ends

                                      

November 7,
2012
IAG11

Media enquiries to IAG press office on + 44 208 564 2810



Forward-looking statements:

Certain information  included  in  these  statements  is  forward-looking  and 
involves risks and  uncertainties that  could cause actual  results to  differ 
materially from those expressed or implied by the forward-looking statements.

Forward-looking statements include,  without limitation, projections  relating 
to  results  of   operations  and  financial   conditions  and   International 
Consolidated Airlines Group S.A. (the 'Group') plans and objectives for future
operations,  including,  without  limitation,  discussions  of  the  Company's 
Business  Plan,  expected  future  revenues,  financing  plans  and   expected 
expenditures and divestments.  All forward-looking statements  in this  report 
are based upon information known  to the Company on  the date of this  report. 
The Company  undertakes  no  obligation  to  publicly  update  or  revise  any 
forward-looking statement,  whether as  a result  of new  information,  future 
events or otherwise.

It is not reasonably possible to itemise all of the many factors and  specific 
events that  could  cause  the  Company's  forward-looking  statements  to  be 
incorrect or that could otherwise have a material adverse effect on the future
operations or results of an airline operating in the global economy.  Further 
information on  the primary  risks of  the business  and the  risk  management 
process of the Group is  given in the Annual  Report and Accounts 2011;  these 
documents are available on www.iagshares.com.





                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


MSCLFFIFLSLDIIF -0- Nov/08/2012 07:00 GMT