IAG moves into open with thoughts – Maybe to reassure TPG?

We have mentioned it before – what do IAG and Japan Airlines do about American Airlines? Well IAG is considering acquiring a stake in American Airlines to stop the carrier from being bought by Delta or US Airlines. IAG is said to be close to appointing an advisor to evaluate its options. IAG, Japan Airlines and AA are so intertwined through their respective JVs that any purchase by US or Delta would lead to a possible loss of frequency (at least). To be frank a sale to US Airlines might end up suiting Japan Airlines and IAG. US Airlines management