News -- International
BA in merger talks with Qantas
December 3, 2008 British Airways revealed on Tuesday that it is in merger talks with Australia's Qantas. BA also said in a statement yesterday that prior merger talks between it and Iberia to form the world's third largest airline were continuing. In 1993 BA acquired 25% of Qantas in the first step towards privatisation of the Australian carrier but sold out 11 years later, reported Reuters. (source: AME)