Plastic787
I'm not sure its that simple. Given the ownership structure of BA with it being simply part of a Spanish based Company then any nationalization may only be possible with the agreement of IAG - they may want a significant payment for the brand name even if you can have the assets for free. In that scenario and with the current demands on the Treasury will Rishi see any value in spending money to buy an airline that will be a drain in the exchequer for possibly years to come?. If the Government is unwilling to pay then there is probably more value for IAG in breaking up the airline and selling off the assets, slots etc.