I don't share your pessism Crashed and Burned regarding the takeover or down the gurgler scenario. There are a lot more airlines in the same or worse predicament than BA at the moment and what company (whether it be an airline or not) is in a position now to stage such an enormous takeover. No doubt BA needs to rethink about future expansion, but what major airline or most other businesses for that matter doesn't.
PS No pun intended by my handle
[ 09 September 2001: Message edited by: receding 'airline ]