British Airways Owner IAG May Pursue Japan Airlines Stake

International Consolidated Airlines Group SA, formed from the merger of British Airways and Spain’s Iberia, said it may consider investing in Japan Airlines Corp. after the Asian carrier came out of bankruptcy this week.

“JAL has done a fantastic job,” IAG Chief Executive Officer Willie Walsh said in an interview. “If the opportunity arises we would definitely be looking at deepening the relationship and we wouldn’t rule out some equity participation."