The Australian Financial Review (AFR) has a report today discussing the future of Oneworld. The basis of the report appears to be that AA is very unhappy with BA and the whole Oneworld alliance and now sees its future with Swissair and Qualiflyer. Unfortunately the report is not available on the AFR website.
The report is based on a report in a Belgian newspaper in which the AA MD of Alliance Development stated this intention as well as saying AA believes more in Sabena/Swissair than in BA. AA is also believed to be unhappy with BA's courting of KLM.
Has anyone else heard of where this will all end up? I guess the obvious conclusion is that most of Oneworld (AA, MH, EI etc) will join Qualiflyer whilst those members of Oneworld closely aligned with BA (BA and QF) will join with KLM and Northwest in a new alliance called "Wings" I guess. Oneworld would cease to exist.