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BA owner has faith in AMR survival

2 December 2011

British Airways and Iberia parent IAG  said its transatlantic joint venture with American Airlines would continue to operate as normal after AMR Corp, the carrier’s parent company, filed for bankruptcy protection.

“We have every confidence in the future of American Airlines. We are pleased they are taking this step which shows commitment and determination,” IAG, which has a joint venture with American Airlines on transatlantic routes, said in a statement on Tuesday.

source: Reuters.com

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