Odds on for next BA takeover

Bookmakers are taking bets on which airline British Airways and Iberia will acquire first next year.

They have released odds on a number of airlines after BA chief executive Willie Walsh said there were 12 targets in his sights.

Speaking in Mumbai at the unveiling of a codeshare deal with India's Kingfisher Airlines, Walsh said the two airlines have drawn up a shortlist of airlines to buy or merge with once their own tie-up has been completed.

Bookmakers Paddypower said Chile’s flag carrier LAN Airlines has emerged as the early favourite at odds of 9/4.

BA’s Oneworld alliance partner Cathay Pacific followed at 11/4, then JAL at 10/3 and Finnair at 7/2.

By Bev Fearis

Tuesday, September 7, 2010

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