Vueling Airlines (VY, Barcelona El Prat) has recommended its shareholders accept an improved offer of EUR 9.25 per share made by the International Airlines Group (IAG), having rejected a prior offer of EUR 7 per share. Should the buy-in be endorsed, it will see IAG take on a controlling stake in the Spanish LCC, in whom it currently owns 45.85%. Reuters suggests that IAG, parent company to British Airways (BA, London Heathrow) and Iberia (IB, Madrid Barajas), “could use Vueling to boost its short-haul business and compete with cheaper operators.” Vueling's current route network extends throughout Western and Eastern Europe, Scandinavia, the Mediterranean and North and West Africa.