By Joanna Plucinska, Sergio Goncalves and Andres Gonzalez
DUBLIN (Reuters) – British Airways-owner IAG is likely to be a frontrunner to buy a stake in Portuguese carrier TAP, valued at about $1 billion, bankers and analysts said, marking the next phase in consolidation of the European market.
Aviation executives highlighted at the Airline Economics finance conference in Dublin last week the need for consolidation in the industry as it battles high costs and a price-conscious consumer…
