Simon Talling-Smith, executive vice president for the Americas at British Airways, talks about the benefit of antitrust immunity between BA and American Airlines, economic pressures facing travel sellers and buyers as well as other topics. "Our corporate [clients] are reducing their volume of travel and that obviously affects us. Perhaps BA is a little more exposed to the banking sector than other carriers," Talling-Smith said, "but I think that is probably a short-term issue as the predominant underlying effects spread to businesses other than banking."

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