British Airways 'exploring merger' with Qantas

[Daniel F]

Looks like its not going ahead:

SYDNEY, 18 December 2008: Qantas Airways Limited (Qantas) and British Airways Plc
(BA) are announcing that after detailed discussions about a potential merger of the
companies, talks have ended.
Despite the potential longer term benefits for Qantas and BA, the airlines have not been
able to come to an agreement over the key terms of the merger, at this time.
Qantas and BA will continue to work together on their joint business between Australia and
the UK and as part of the oneworld alliance.

http://www.asx.com.au/asxpdf/2008121...dgw4tbzx8l.pdf