British Airways Plc today announced that Mr Rafael Sánchez-Lozano Turmo will be joining the board as a non-executive director with immediate effect. Mr Sánchez-Lozano is Managing Director and Chief Operating Officer of Iberia.
Pursuant to Clause 9 of the memorandum of understanding between the two airlines dated 12 November 2009, Iberia has the right to nominate a director to the Board of British Airways. At its meeting this morning the British Airways Board accepted Iberia's nomination of Mr Sánchez-Lozano and elected him as a director.
British Airways chairman, Martin Broughton, said: "Following the signing of the MOU with Iberia, there are many ways that the two airlines will be working closer together. We are delighted to welcome Mr Sánchez-Lozano on to the British Airways board and look forward to the wealth of experience that he will bring to the airline".