Global airline plan unravels after BA talks with Qantas collapse
19 December 2008The ambitious consolidation strategy piloted by British Airways chief executive Willie Walsh started to unravel yesterday after merger talks with Australian rival Qantas were terminated.
Discussions to create a global airline based in London and Sydney have been under strain since they became public at the beginning of this month, with Qantas boss Alan Joyce warning of “‘significant hurdles'” to a deal.
Days earlier Walsh had extolled the virtues of creating a “truly global” airline, adding the simultaneous pursuit of deals with Spain’s Iberia and with American Airlines would not hamper progress.
source: Guardian.co.uk
