International Airlines Group, parent company of British Airways, is considering the case for buying a minority stake in American Airlines to expand their commercial partnership and ensure the US carrier remains part of Oneworld, the global airline alliance. CEO Willie Walsh also voiced strong support for a merger between American, the third-largest US carrier by revenue, and US Airways, the fifth largest.
IAG is trying to protect its transatlantic interests, especially if someone like Delta comes in with a bid and pries away AA from Oneworld into Skyteam.
United Complains Airbus Won’t Give It Competitive Prices
American Air Sees $500 Million in Cramming More Seats on Aircraft
Video: How Meeting Planners Are Tapping Into Tucson
Business of Loyalty: American Airlines Frequent Flyers Are in a Sour Mood
American Airlines Plans to Keep Prices Low on Competitive Routes