Iberia Airlines, the flag-carrier airline of Spain, has canceled about 400 flights scheduled for October 26 and 27, 2009, in view of the strike planned by the flight attendants of the airline.

Iberia Airlines, the national airline of Spain, has announced that it will set up a new airline, by 2011, in order to operate on its short-haul and medium-haul routes.

British Airways, the national airline and flag carrier of the United Kingdom and one of the largest ailrines in Europe, is holding merger talks with Qantas Airways, the national airline and flag carrier of of Australia.

Qatar Airways, the flag-carrier airline of Qatar, based in Doha, and Iberia Airlines, the flag carrier of Spain, are among over one dozen investors which have expressed a preliminary interest in buying the ailing Olympic Airlines, the  national carrier of Greece.