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While most of the focus in recent days has been on U.S. airline cash-raising efforts, their partners over in Europe also appear to be considering options to boost their coffers. Private equity firms and airline owners of reservation system provider Amadeus IT Group SA have retained Rothschild to evaluate an...
Posted on September 17, 2009 4:13 PM
After mounting media speculation, London-based British Airways plc confirmed it was exploring a merger with Australia's Qantas Airways Ltd., via a dual-listed company structure. BA also said it was continuing deal talks with Spain's Iberia Líneas Aéreas de España SA that would create Europe's No. 2 airline.The Qantas announcement comes...
Posted on December 2, 2008 9:31 AM
Dear Sens. Barack Obama and John McCain, "Just because life is tough out there, you shouldn't rid yourself of competition." - Richard Branson, president of Virgin Atlantic Airways.Branson's letter, which he discussed on BBC Radio, to the U.S. presidential candidates is referring to a deal between British Airways plc...
Posted on August 11, 2008 1:50 PM
American Airlines Inc., British Airways plc and Spain's Iberia Lineas Aereas de Espana SA are close to applying for antitrust immunity to form a joint venture that would combine their trans-Atlantic routes, the Financial Times reports. But BA, while acknowledging long-running talks, says no application is imminent. American Airlines...
Posted on July 7, 2008 9:41 AM
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