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Flying Boeing 787
Qatar Airways 787
The announcement that the U.S. is asking for only small concessions from American and BA to allow the oneworld transatlantic anti-trust immunity to go through has been well received by the markets, with British Airways trading higher.Virgin Atlantic president Richard Branson, the single most outspoken critic of the deal, sees the same thing, but puts a slightly different spin on the development: "If Virgin Atlantic had been a public company today, our share price would have collapsed following the Department of Transport announcement on Saturday." According to Branson, the market's reaction, with BA trading higher, underscores "the damage that will be done to competition and the travelling public, if this deal becomes legal." This is the second time Branson has come out to blast the decision, lambasting regulators already on Saturday right after the announcement was made.
tw99, Virgin, BA, AA
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