FlyerTalk Forums - View Single Post - IAG full year results announcement 29/02/12
Old Mar 12, 2012 | 12:09 pm
  #42  
JOUY31
Moderator: Flying Blue (Air France & KLM), France and TravelBuzz!
All eyes on you!
25 Years on Site
 
Join Date: Jan 2001
Location: Paris, France, AF F+ Rouge pour toujours, Flying Blue whatever, LH FTL, HHonors Gold, formerly proud SCC Executive, now IC Ambassador, BA down to nobody, Grand Voyageur Le Club
Posts: 12,509
Originally Posted by Cypress
And at that merger meeting, held in November 2010, I queried the benefits of joining up with IB and WW said it would be a good move!
As mentioned earlier, it definitely improved the cash position and therefore the balance sheet. It is doubtful that BA could have bought BMI on its own.
JOUY31 is offline