APA may be after British Airways
May 18, 2007
ITS bid for Australia's Qantas Airways now officially dead, rumours are circulating about Airline Partners Australia eyeing British Airways.
According to a report from London overnight, shares in British Airways gained 2.35 per cent on the London stock exchange on Thursday, to 501.50 pence.
The report states the share price rise comes ahead of the publication of the airline's annual results today, "amid rumours of a takeover by the consortium Airline Partners led by Macquarie Bank".