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Foreigners to the Rescue for U.S. Airlines?

30 June 2008

Faced with growing financial problems, U.S. air carriers could start seeking foreign investments and pushing for a relaxation of U.S. airline-ownership laws, British Airways PLC Chairman Martin Broughton said in an interview.BA, which flies more passengers to and from the U.S. than any other overseas airline, doesn’t envision being able to make a major investment in a U.S. carrier anytime soon, said Mr. Broughton.

source: The World Street Journal

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