The Hawks Are Ready To Strike
After a year of flying low--with operations deep in the red and a badly damaged stock price--British Airways PLC is struggling back. Over the past few months, it has dumped Chief Executive Bob Ayling and replaced him with Rod Eddington, a well-regarded Australian airline executive. Now, with 50-year-old Eddington at the controls, BA is embarking on a gambit that could break down the biggest barriers in the airline industry. On June 7, BA announced that it is in talks with Royal Dutch Airlines (KLM) that could lead to a takeover of the carrier.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig
- Norway Idea to Exit Oil Stocks Is ‘Shot Heard Around the World’
- Getting a Dog May Save Your Life, Especially If You’re Single
- The Questionable Math Behind Manafort’s Extravagant Home Renovations
- Musk Dusts Off the Fundraising Playbook With Semi, Roadster Orders