Originally Posted by hearingdouble

I cannot see any strategic rationale from IAG’s perspective to separate BA from the rest of the group (ie by IPO’ing BA as a separate company, either to new investors or on a demerger basis). Realistically, the only world in which IAG agrees to let BA go is if they get a silly money offer from a purchaser. Potential buyers could only really be another airline group (which just won’t happen in the current climate) or private equity - in which case, be very careful what you wish for...