Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

A tiger in Paris

Read more

FOCUS

French women speak out about sexual harassment, but what happens next?

Read more

EYE ON AFRICA

Zimbabwe: Emmerson Mnangagwa pledges to revive failing economy

Read more

FOCUS

Video: FRANCE 24 meets foreigners fighting with Kurds in Syria

Read more

#TECH 24

Energy Observer: The world's first hydrogen-powered boat

Read more

ENCORE!

The best winter exhibitions

Read more

#THE 51%

Shortage of male heirs leads many Japanese families to adopt adult men

Read more

FASHION

Death of an icon: Remembering fashion designer Azzedine Alaïa

Read more

BUSINESS DAILY

Black Friday deals: Are they really worth it?

Read more

Business

British Airways considering alternative tie-up

Latest update : 2008-12-02

Though still in talks with Spanish airline Iberia, British Airways ha sacknowledged it is considering an alternative merger with Australian competitor Qantas Airways "via a dual-listed company structure."

AFP  -  British Airways said on Tuesday that it was "exploring a potential merger" with Australian rival Qantas Airways, adding that it would continue tie-up talks with Spanish airline Iberia.
  
"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," BA said in a short statement. 
  
"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," the British carrier added.
  
British Airways and Iberia announced in July they were holding merger talks to create the world's third largest airline in terms of income.
  
The aviation sector is seeking consolidation as airlines fight for survival having been crippled by record high oil prices and as the world faces a deep recession.

Date created : 2008-12-02

COMMENT(S)