How an equity swap of 30% in return for an airline can be seen as transferring ownership is beyond me but evidently not beyond journos from the good old Thunderer! Bless Rupert and his hacks.
Deals, mergers and take-overs amongst and between airlines, travel companies and their owners will surely be put on hold for the foreseeable future in these troubled times. (sic)
Share prices will slide, whatever the outcome of these deals, I fear.