Reports in a Spanish newspaper say the Iberia airline is the target of takeover interest from two airlines and two private equity groups.
El Pais, which did not cite sources, said German airline Lufthansa, British Airways, US private equity fund Texas Pacific Group and an unnamed Spanish private equity fund had shown an interest in bidding for the group.
Iberia chairman Fernando Conte had informed the board of the interest on Thursday, the newspaper said.
Lufthansa chief executive Wolfgang Mayrhuber had said on Thursday that the German carrier 'did not request information' on Iberia, however.