KF best partner in India: British Airways

British Airways said yesterday it has identified about 12 airlines it would like to buy after it merges with Spanish airline Iberia.
International Airlines Group (IAG), the company being formed by BA and Iberia, has narrowed the list of potential targets from an initial pool of about 40. However, a spokeswoman for BA declined to identify the companies on the list when contacted by phone.
British Airways is led by former Aer Lingus chief executive Willie Walsh, who said last year that the Irish airline's future was not secure and that it should consider merging with one or more other airlines.
Mr Walsh was in India over the weekend to announce a code-share agreement with Kingfisher Airlines, India's second-biggest carrier, which the Irishman said was "clearly the best partner" in India for BA.
"We want to create a platform for like-minded airlines, those who believe that consolidation is part of the answer for the industry, to be able to join us. We have not had any discussions with any airlines."
06/09/10 Irish Independent

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Categories: Foreign Sep 2010, Kingfisher Sep 2010