Petertenthije From Netherlands, joined Jul 2001, 3418 posts, RR: 11
Reply 5, posted (11 years 9 months 1 week 5 days 9 hours ago) and read 2461 times:
Or exaclty the opposite. BA does buy AA (or LH buying UA) because the price is about as low as it will ever get. If BA can afford to take over Virgin of BMI then why not shares in AA. It's not as if Dubya will let UA or AA go bankrupt.
Bobrayner From United Kingdom, joined Apr 2003, 2227 posts, RR: 6
Reply 7, posted (11 years 9 months 1 week 5 days 8 hours ago) and read 2412 times:
Given the state of the market at the moment, I don't think many foreign airlines will be interested in buying large stakes on a purely strategic basis. Nobody's willing to throw cash around at the moment (except Emirates!)
It doesn't have to be an airline buying a stake, of course, but let's not get into boring subjects