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Case No COMP/M.5174 - IBERIA / ST AEROSPACE / JV

Only the English text is available and authentic.

REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 10/06/2008

In electronic form on the EUR-Lex website under document number 32008M5174

Office for Official Publications of the European Communities L-2985 Luxembourg

COMMISSION OF THE EUROPEAN COMMUNITIES

Brussels, 10-VI-2008

SG-Greffe(2008) D/203762 C(2008) 2755

PUBLIC VERSION

MERGER PROCEDURE ARTICLE 6(1)(b) DECISION

SIMPLIFIED PROCEDURE

To the notifying parties:

Dear Madam(s) and/or Sir(s),

Subject: Case No. COMP/M.5174 - IBERIA/ ST AEROSPACE/ JV Notification of 06/05/2008 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 Publication in the Official Journal of the European Union No. C121, 17/05/2008, page 18

1.On 06/05/2008, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 by which the undertakings Iberia Lineas Aereas de Espana, S.A. ("Iberia", Spain) and Singapore Technologies Aerospace, Ltd. ("ST Aerospace", Singapore), acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Madrid Aerospace Services, S.L. ("JV", Spain) by way of purchase of shares in a newly created company constituting a joint venture.

1OJ L 24, 29.1.2004 p. 1

Commission européenne, B-1049 Bruxelles / Europese Commissie, B-1049 Brussel - Belgium. Telephone: (32-2) 299 11 11.

The business activities of the undertakings concerned are:

-- Iberia: air transport of passengers and cargoes, as well as aircraft maintenance and other complementary activities;

-- ST Aerospace: airframe maintenance, repair and overhaul ("MRO") with regard to regional and military aircraft, as well as B737NG and MD80/90 aircraft;

-- JV: MRO services for landing gears on Airbus platform types.

3.After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No. 139/2004 and of paragraph 5, subparagraph a of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No. 139/2004.

4.For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EC) No. 139/2004.

For the Commission (Signed) Philip LOWE Director General

2OJ C 56, 05.3.2005 p.32

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