Bmi330 From United Kingdom, joined Nov 2001, 1455 posts, RR: 1 Posted (13 years 8 months 1 day 15 hours ago) and read 1266 times:
I though of this from the post about the problems with us airways. I was wondering if they do go out of business the US could use the airline as a chip to gain openskys between the UK and US. They could agree to letting BA buy US airways in exchange for BA giving up LHR slots and also letting the other major airlines in the USA who want to fly LHR do so. This would also let bmi to fly UK-US flights from LHR and also let VS set up there American low-fares airline Virgin Red and everyone wins and gets what they want.
747firstclass From , joined Dec 1969, posts, RR:
Reply 5, posted (13 years 8 months 1 day 13 hours ago) and read 1204 times:
At present the law forbiding a foreign carrier to own more than a 25% interest of a US airline still stands. However, ot preserve competition in the US airline industry, there has been some talk about raising the limit. Congress would have to change the laws. A more likely scenario would be the the US govt. will not stand in the way of a change in the limit. However the US Govt. will let the airlines lobby for a change. This would be so that the labor unions etc. dont get all fired up and protest etc.. This assurance from the US govt. may just be enough to pry open the doors at LHR for all US carriers.
DL Widget Head From United States of America, joined Apr 2000, 2106 posts, RR: 5
Reply 6, posted (13 years 8 months 1 day 12 hours ago) and read 1191 times:
Even if American laws allowed foreign ownership of a US flag carrier, why would BA want to take on another headache? They can't seem to get out of their own funk much less think about buying and airline not much smaller than itself. No, I don't see BA remotely interested buying US Airways at all.