British Airways has announced it is in talks about a possible merger with Qantas.
The airline released the following statement at lunchtime today (December 2):
'In response to recent media speculation, British Airways Plc confirms that it
is exploring a potential merger with Qantas Airways Limited via a dual-listed
company structure.
The discussions between British Airways and Iberia are continuing.
There is no guarantee that any transaction will be forthcoming and a further
announcement will be made in due course, if appropriate.’
BA currently has a Joint Services Agreement (JSA) with Qantas, covering routes between Europe, Asia and Australia. Both airlines are founding members of the Oneworld airline alliance.
For more information visit ba.com, qantas.com.