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| Version 0 | Version 1 |
|---|---|
| BA seals alliance with American | BA seals alliance with American |
| (10 minutes later) | |
| British Airways says it has sealed an alliance with American Airlines that will allow the two carriers to fix fares, routes and schedules together. | British Airways says it has sealed an alliance with American Airlines that will allow the two carriers to fix fares, routes and schedules together. |
| The move will also include Spain's Iberia, which is merging with BA. | The move will also include Spain's Iberia, which is merging with BA. |
| With aviation fuel prices at record levels and spending on air travel slowing, airlines are looking for ways to cut costs. | With aviation fuel prices at record levels and spending on air travel slowing, airlines are looking for ways to cut costs. |
| But the carriers will have to persuade the US that the deal does not break US rules on foreign ownership of airlines. | |
| Under the business agreement, the three airlines will cooperate on flights between the US, Mexico and Canada and the EU, Switzerland and Norway. | |
| The airline said it planned to file for anti-trust immunity from the US Department of Transportation and that it would also notify European regulators. |