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News Summary: British Airways mulls stake in AMR

By The Associated Press
Published
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AMERICAN INVESTMENT: British Airways parent IAG is considering buying a small interest in business partner American Airlines.

TEAM SPIRIT: As part of its bankruptcy case, American is considering several merger options, and British Airways wants to make sure that American stays in oneworld, one of the three big alliances of global airlines. American competes against United and Delta, and its oneworld team competes against United’s Star Alliance and Delta’s SkyTeam, especially for international customers.

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