Published on Tuesday, September 7, 2010

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

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