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OpenSkies is named after the deregulatory policy that frees airlines to add new city-to-city routes beyond their once protected home turf. OpenSkies chose Amsterdam and bought another business-class fledgling, L'Avion, to gain access to Paris and slots at Orly and share costs and culture. BA doesn't fly to those places from New York City, and it sure as heck isn't going to undercut its own lucrative business-class traffic to London...
...most important announcement the company thought it was making was that Ford will introduce the new Fusion model during American Idol. It tells Ford's shareholders how out of touch the company's CEO Alan Mulally is. He can be forgiven. He used to work for Boeing (BA). (See pictures of the remains of Detroit...
...nightmare for people like you. If you let my daughter go now, that'll be the end of it. I will not look for you, I will not pursue you. But if you don't, I will look for you, I will find you, and I will kill you." Ba-dump. (See TIME's top 10 film performances...
...deals will happen, of course. Bosses at both Iberia and Qantas have warned BA that it can join forces with only one of them, and on Dec. 18, Qantas and BA said talks had come to an end after the airlines failed to agree on "key terms" of a deal. One of the problems in Europe is that few airlines - Ryanair and Lufthansa are exceptions - have enough cash on hand to simply buy smaller rivals...
Those airlines lacking resources and scale may have little choice but to yield to larger ones, analysts say. Alongside Air France-KLM - Europe's biggest airline and still a favorite to grab a minority stake in beleaguered Italian flag carrier Alitalia - and the ever growing Lufthansa, an enlarged BA and Ryanair would mean "for most of the smaller network airlines who have a very weak balance sheet, they're going to have to fold into one of those four groups," says Exane BNP Paribas' Van Klaveren. Scandinavian Airlines (SAS), for one, "will survive 2009, but I doubt it can survive...