International Airlines Group could look at 'equity participation' with JAL

International Airlines Group CEO Willie Walsh stated the carrier is considering taking a stake in Japan Airlines once it returns to the stock market (CNN, 01-Apr-2011). Mr Walsh said IAG could look at "equity participation" if JAL floated again over the next couple of years. He ruled out a merger with British Airways or Iberia as ownership restrictions would not allow it and it did not fit with IAG's present ambitions.