BA in merger talks with Qantas

03 December 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.

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