BA and Quantas talking about merging. BA still considering merger with IB but it looks to be held up due to dispute regarding ownership percentages and BA's pension deficit.

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LONDON (Dow Jones)--British Airways said Tuesday that it is exploring a potential merger with Qantas Airways via a dual-listed company structure.
The discussions between British Airways and Iberia are continuing, it said.
There is no guarantee that any transaction will be forthcoming and a further announcement will be made in due course, if appropriate.
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