Originally Posted by
elitetraveler
Now you are saying Horton was on record pre-11 as wanting consolidation with BA. What would be the point for IAG (BA's parent) to take a minority stake without control? What further 'consolidation' could even take place with out changes to the laws governing foreign investment?
You're misinterpreting lax's comments. I remember Arpey stating(can't find the link at the moment) that AA was open to a merger with BA, but recognized that it wouldn't happen until the laws were changed. Horton was probably parroting that same position as such comments would likely have been considered by the AMR BoD.