BA owner IAG prepares to meet EU ownership rules in case of no deal Brexit - El Pais

BARCELONA, SPAIN (Reuters) - Anglo-Spanish airline group IAG , the owner of British Airways, is taking steps to avoid falling foul of European Union ownership rules in the event of a no-deal Brexit, Spanish newspaper El Pais reported on Saturday.Britain is set to leave the bloc on March 29, but with less than five months to go, Prime Minister Theresa May has yet to secure a withdrawal deal. A no-deal scenario could jeopardise operating rights for airline carriers that don't meet EU ownership..