International Airlines Group looks to buy stake in American Airlines


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Aug 12 (Reuters) – British Airways parent International Airlines Group (IAG) may consider taking a stake in its oneworld alliance partner American Airlines, a move that could block any takeover of American by IAG rival Delta.

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American Airlines considers strategic options

American Airlines will decide within weeks whether to pursue a merger, including the “attractive option” of merging with smaller rival US Airways, the bankrupt carrier’s chief executive told the Financial Times.

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