The International Airlines Group, the sixth largest airline globally in revenue terms, said it did not have plans to invest in any Indian airline. Formed in January 2011, IAG is the parent company of British Airways, Iberia and bmi. This follows speculation that Delhi-based low-cost airline IndiGo was looking to tie up with British Airways.
To have an 'interline agreement' with India's biggest carrier, IndiGo, British Airways is engaged in talks, media reports say. The agreement is for ticketing and baggage sharing, sources said on January 22. The interline agreement allows customers from two airlines to buy connecting flights on one ticket.