Could easyJet and TAP be purchase targets of IAG?

International Airlines Group (IAG) has a large cash reserve. According to The Times, IAG could use this cash reserve to acquire additional airlines for the group.

New speculation includes British Airways’ rival easyJet and TAP Portugal which the Portuguese government wants to unload.

Read more from The Times:

Top Copyright Photo: easyJet (UK) Airbus A320-251N WL G-UZHI (msn 8304) BSL (Paul Bannwarth). Image: 959270.

easyJet (UK) aircrtaft photo gallery: