British Airways has released a statement saying that talks on a potential merger with Qantas have ended. The full statement reads:
"British Airways Plc and Qantas Airways Ltd are announcing that after detailed discussions about a potential merger, talks have ended.
"Despite the potential longer term benefits to both British Airways and Qantas, the airlines have not been able to come to agreement over the key terms of a merger at this time.
"British Airways and Qantas
will continue to work together on their joint business between the UK and
Australia and as part of the Oneworld alliance."
For more information visit ba.com, qantas.com.