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Old 30th Apr 2008, 21:16
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markrl
 
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"British Airways is exploring opportunities for co-operation with American Airlines and Continental Airlines. Further details will be announced when appropriate"

I suppose the translation for this is that failing British Airways PLC is now being stalked by two of its larger foreign competitors who are waiting for the opportunity to launch hostile takeover bids now that the share price has crashed following the total shambles of the Terminal 5 launch and other regretable mishaps. BA CEO Willie Walsh will be asked to stay on following the acquisition to assist with disposal of the remaining assets, handle the negative PR following the anticipated large scale redundancies and assist with the orderly transfer of the former airlines routes to American ownership. Regretfully it is not anticipated that the new owners would wish to continue with the British Airways brand which will pass into history along with the similarly branded British Leyland, British Steel Corporation, British Shipbuilders, British Railways and of course British Caledonian. Open Skies will be offered to Michael O' Leary for a nominal fee of £1.

We look forward to your future custom on American Airways Europe

Last edited by markrl; 30th Apr 2008 at 21:27.
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