20081203

BA in talks with Qantas to create 'global airline'

British Airways chief executive Willie Walsh signalled the creation of a "truly global" airline yesterday as the carrier announced £3.5bn merger talks with Australian rival Qantas.
BA is already in talks to combine its services with American Airlines and Spain's Iberia but it took shareholders unawares yesterday with the bold announcement that it had also turned its attention to the Asia-Pacific market as industry consolidation gathers pace. A combined BA and Qantas would create a unique business with 71 million passengers a year, 474 aircraft flying to more than 230 destinations from hub airports in London and Sydney. More... Discount Cigarettes & Tobacco - Flight Tracker: Track Any flight - Priority Bags: No More Lost Luggage