Exactly, the one thing we should never underestimate is BA's ability to snatch defeat from the jaws of victory. Remember the number of times BA nearly got to the altar with KL before finally sending them running to seek consolation with AF? Remember how OW nearly ended up with LX and a hub in the middle of Europe rather than on the edge, but then BA managed to drive them into the waiting arms of LH? Even the IAG deal was stalled and messed around for a long time, I suspect in the end it only went through because of the lack of any other suitor for IB. Yesterday I would have said the BD acquisition was 99% certain to close, today, even though VS have put in a lower bid, I would think it is closer to 75% and IAG could still lose it.