Four months later, in July 1987, British Airways announced the controversial takeover of Britain's "second" airline British Caledonian, within the industry it was widely acknowledged as a mutually agreed rescue deal to avoid the latter's collapse.
Four months later, in July 1987, British Airways announced the controversial takeover of Britain's "second" airline British Caledonian. The acquisition led to concerns regarding competition, within the industry it was widely acknowledged as a mutually agreed rescue deal to avoid the latter's collapse.