Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Burundian top judge says he fled the country after government pressure

Read more

EYE ON AFRICA

U.N. denies accusations it tried to cover sexual abuse in Central African Republic

Read more

MEDIAWATCH

"Francois of Arabia" criticised in French press

Read more

DEBATE

François of Arabia: Hollande's Budding Friendship with the Gulf (part 2)

Read more

DEBATE

François of Arabia: Hollande's Budding Friendship with the Gulf (part 1)

Read more

TALKING EUROPE

Guy Verhofstadt: Lack of EU asylum system is 'pushing people to come to Europe'

Read more

FOCUS

The health risk behind Argentina's soya paradise

Read more

TALKING EUROPE

Disability discrimination: Removing the obstacles to success

Read more

ENCORE!

Music show: Mumford & Sons and the 'Queen of British Blues'

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)