I tend to agree with Mileking, it looks like CO are pulling together a couple of second rate European Airlines.

It is interesting that Alitalia have also announced further links with AA over the last couple of days.

The Sunday Times has been running with this story for a couple of months now, with Virgin's name being repeatedly thrown in. I have no doubt that CO's wings will take-off, but I wouldn't be suprised by considerable movement on the participants from this list.

Things have changed recently for Alliances. Until the beggining of this year Alliances were 'sold' on their scope and networks, OneWorld is managing to change that to the quality of their members as being important.

Is it really wise for CO to hook-up with the second level players? I certainly don't think Virgin Atlantic would be happy with that. It would also make the position of Virgin Express very difficult.
MF