Multiple industry sources have told The Sunday Telegraph that International Consolidated Airlines Group, S.A. (LSE:IAG) is in pole position to buy Flybe Group PLC (LSE:FYB), with its regional network providing a useful link into British Airways' sprawling global hub at Heathrow. With easyJet counting itself out of the running on November 20, 2018, IAG Boss Willie Walsh is facing competition from Virgin Atlantic Airways Limited, which has confirmed it is weighing a move for the troubled carrier. IAG and Virgin Atlantic declined to comment.
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