British Airways is also peeking under your skirt...

Aug 20, 2002
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www.usaviation.com
British Airways considers American Airlines stake

Published: Friday, August 31, 2012, 1:07 PM Updated: Friday, August 31, 2012, 1:11 PM

Associated Press fileBritish Airways' parent company International Airlines Group says that it has signed a non-disclosure agreement with American Airlines, allowing it to look at the company's books.
NEW YORK -- British Airways' parent company International Airlines Group says that it has signed a non-disclosure agreement with American Airlines, allowing it to look at the company's books.
Foreign investors are prohibited from owning more than 25 percent of a U.S. airline. The two airlines already have a joint business agreement for flights across the Atlantic Ocean and were founding members of the OneWorld frequent flier alliance.
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Who would you rather work for: Doug, Tom or Willie?
 
On resume Willie is an empire builder, the other two are just hacks.

Maybe after President Mitt gets in, the US congress will finally agree that holding foreign carriers to a 25% investment in airlines is asinine.
 
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Maybe after President Mitt gets in, the US congress will finally agree that holding foreign carriers to a 25% investment in airlines is asinine.

BA (or any other foreign carrier entities) can own up to 50% of the equity of a U.S. carrier. They just can't control over 50% of the votes so they can own 25% of the voting stock and 25% non-voting stock.

Jim