Originally Posted by
polax52
I don't agree with that. The UK government will likely only get involved post IAG bankruptcy. At which point it will pick up the remnants of BA at fire sale prices.
But if IAG are at risk of bankruptcy then then it is quite likely that they will have a fire sale of assets in the group to try and prevent their collapse. So BA and Iberia could be broken up and sold off long before any collapse of the parent company IAG. Of course in that scenario IAG would love to sell BA as a going concern to the Government - but will the Government want to buy?