News: BA announces plans for merger with Qantas
Flights > News > # 1994 (03/12/2008)
British Airways (BA) has announced plans to merge with the Australian airline Qantas.
BA is already in merger talks with the Spanish national airline Iberia and discussing a separate marketing alliance with American Airlines. All the deals are aimed at cutting costs and avoiding competing on the same routes.
Virgin Atlantic - one of the few rivals to BA and Qantas on the so-called 'kangaroo route' from London to Sydney - said a merger of its two rivals would increase BA's domination at Heathrow airport and is likely to result in increased fares on the route.
A BA statement said: “British Airways confirms it is exploring a potential merger with Qantas Airways via a dual-listed company structure. The discussions between British Airways and Iberia are continuing.”
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