« Airlines Push for Article 84 Action | Main | Russia May Bar Carriers from Complying with EU ETS »

August 6, 2012

IAG Considering Small Stake in AMR

IAG confirmed today that it is considering acquiring a small stake in American Airlines. American's post-bankruptcy future as a stand-alone carrier is uncertain, and while IAG is prohibited by U.S. laws from owning a majority share of the U.S. carrier, IAG may believe that such an acquisition will help keep American in the oneworld alliance regardless of a potential merger with another U.S. carrier.

August 6, 2012 | Permalink

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef017743f57453970d

Listed below are links to weblogs that reference IAG Considering Small Stake in AMR:

Comments

Post a comment