Interesting news in the FT this morning suggesting that AA will remain in One World regardless of any merger. It's an interesting story (subscription only: http://www.ft.com/cms/s/0/00dab556-e465-11e1-affe-00144feab49a.html) where Tim Horton, CEO at American Airlines, talks up a potential merger with US Airways.

Extract:

"He was clear, however, that American would remain part of the One World Alliance, centred on IAG, BA's parent, after any merger. US Airways belongs to the Star Alliance, led by Germany's Lufthansa.

Mr. Horton, chairman of One World also hinted that the alliance was on the bring of signing up onf of the fast-growing Gulf-based carriers."