STEVE INSKEEP, host:
NPR's business news starts with two big airlines close to a deal.
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INSKEEP: This would be a kind of trans-Atlantic alliance. British Airways has been talking with American Airlines. According to British media, the chief executive of the top British airline says he expects a deal within a couple of weeks. Now this would not be a merger. The two airlines tried that before and regulators wouldn't allow it. So the two airlines are hoping instead to cooperate more closely in areas like technology and ticketing and administration, all to help cut costs.
On Friday, British Airways announced profits had plunged 88 percent in the last quarter. A big reason, of course, is the high cost of fuel.
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