Advertisement
YOU ARE HERE: LAT HomeCollections

BRIEFLY

British Airways will be sold to the public next year.

September 12, 1986

The government said the proposed public sale of the state-owned airline will go ahead early next year due to settlement of a dispute with U.S. officials over transatlantic air routes. The sale of the airline in a public offering on the London Stock Exchange is expected to raise about $1.48 billion. The sale was postponed in March because of legal questions over guarantees that British carriers would receive "a fair share of air traffic" between the United States and Britain.

Advertisement
Los Angeles Times Articles
|
|
|