"BA merger with AA faces collapse"
 

This headline is taken from page 23 of The Independent (LON 14-09-01)

Please check the full story at:Independent (LON)

As the deal was not expected to be closed until the end of the year, the Open Skies agreement will be a very low priority for Washington. With the expected decline in air travel, BA shares took another knock.

The US market is estimated at $1bn a day but the total loss will take months to calculate.