BA/AA: slot machine

Fiona Maharg-Bravo Could British Airways go from perennial wallflower to prolific deal-maker? Having sealed a merger with Spain’s Iberia, BA could hear before Christmas on another long drawn-out deal: anti-trust immunity with American Airlines. The latter deal could potentially be more valuable in the short term – although the devil will be very much in the details. Anti-trust immunity is the next best thing to a merger. It allows airlines to coordinate fares, sales forces, flight schedules an...