Willie Walsh, the chief executive of British Airways, is off in Mumbai celebrating the arrival of BA’s first new aircraft in over a decade.
He’s used the trip as a platform to expand on his comments earlier this summer about potential consolidation opportunities. Take a look at suggested names in the frame in this report in UK business daily, the Telegraph.
Apparently BA and Iberia are eyeing up 12 potential acquisitions for their holding company International Airlines Group (IAG), narrowed down from a wish list of 40. Not all of these will come through, but those that do will be 100% acquired.
Check out the latest Airline Business consolidation articles at the following links:
-Continental and United, the perfect couple
-Various weird and wonderful airline tie-ups, the odd couples
-Airline regulatory barriers: Stepping stones
-Mergers: After the honeymoon