5 OCTOBER 2009

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Article from BTNews 5 OCTOBER 2009

British Airways faces interesting three months

BRITISH AIRWAYS faces an interesting three months with confirmation that it is reviewing what morsels Lufthansa might have on offer when it decides the future of bmi.  On the Iberia front CEO Willie Walsh said that talks with Iberia have gone on too long, that progress was being made and a deal by year-end was possible, but that BA would not accept a stake of less than 53% in any merged company.  And the issue of a 400-page confidential legal document called “a Statement of Objections" delivered last Thursday by the European Commission regarding its views on the proposed American Airlines, Iberia and BA North Atlantic tie-up.  Also due before Christmas is the launch of the new First Class product plus decisions are required on certain routes and projects including Open Skies. www.ba.com

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