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Aircraft and transport: IAG interested in acquiring AA stake

London, United Kingdom - Willie Walsh: "It is something we are going to look at"

International Airline Group (IAG) the holding formed by the merger of British Airways and Iberia, could be interested in acquiring a stake in American Airlines (AA), as confirmed by its chief executive officer Willie Walsh. AA is facing serious financial difficulties, and it is currently under Chapter 11, a chapter of the United States' Bankruptcy Code, which permits reorganization under the bankruptcy...

AVIONEWS - World Aeronautical Press Agency - 1144442

AVIONEWS - World Aeronautical Press Agency
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