The European Commission (EC) has opened an inquiry into the acquisition of bankrupt French independent Air Liberté by British Airways. It has given potential objectors to the deal ten days to present arguments against it to the competition directorate and is expected to rule within four weeks. The take-over, giving control of the airline to BA and France's Banque Rivaud, was approved by the French commercial court in January, clearing the way for the EC enquiry. The EC is also working on its ruling on the proposed alliance between BA and American Airlines.
Source: Flight International
