British Airways Denies Plans to Buy Stake in Kingfisher Airlines
Author: Lindsey | Category: Airline News, Airlines, Latest Travel News
British Airways has today denied that there is any truth in rumours it was about to purchase a stake in India’s Kingfisher Airlines.
India is British Airways’ second largest international market, outside of North America and it is predicting strong growth, with plans to increase routes into the region.
However, British Airways have denied that any plans for expansion will include a stake in Kingfisher. Other airlines also being mentioned as possible new stakeholders in the airline are Singapore Airlines and Virgin.
British Airways are already busy with several deals on the table. They have 2 planned mergers on the table, with Iberia of Spain and Quantas of Australia. They are also planning a commercial joint venture with American Airlines, which has brought about fierce opposition from the likes of Virgin’s “No Way BA / AA” campaign.