Originally Posted by
yellow77
This (rumour)(story)(news)(whatever) is not about a merger...
Did you read the article? Speculation, yes, and we all know how "analysts" can miss the mark. But it does mention a possible merger.
Originally Posted by
FAAA
LONDON, Jul 06, 2008 (Thomson Financial via COMTEX) -- BAIRY | Quote | Chart |
News |
PowerRating -- British Airways Plc is poised to unveil a transatlantic alliance
with AMR
Corp unit American Airlines and Iberia of Spain, with an announcement expected
at the
airline's annual meeting on July 15, according to The Observer.
The newspaper did not name its sources, but said three days later, executives
from the
companies will meet US transportation secretary Mary Peters to seek anti-trust
immunity.
Analysts say the tie-up between BA, headed by Willie Walsh, and AA could pave
the way
for a full merger once US foreign ownership rules are liberalised, according to
the article.