A combined AA and US Airways bolstered by some love from British Airways and Iberia could very well be the global powerhouse out of the US and Europe that could challenge the expanding airlines out of the Middle East and Asia.
It's impossible for British Airways to buy AMR outright, but it could bump up its investment level to a point that would give American enough leeway to stay independent of hungry rivals like US Airways.
Europe's fiscal crisis is leading to some uncertainty in the markets, but it's really the changing face of aviation that's driving consolidation and bankruptcy in its skies.
The recent easing of visa restrictions for cultural events makes Russia more attractive to everyone, especially low-cost carriers that appeal to a demographic that would rather not deal with paperwork hassle.
IAG leadership is positive that the union between Iberia and British Airways will start showing positive numbers in 2015, but a eurozone crisis would definitely throw that timetable off.
BA has created a pretty little app, but this seems like a project driven by an exec saying "we need another app" rather than something that meets a real customer need.
British Airways would be doing OK this year had parent IAG finalized purchase of bmi and its Spanish sibling Iberia dealt with strikes and a rapidly deteriorating economy.