For all of us who think MH might still join SkyTeam one day this should be a rather unwelcome development...
2008-12-05 19:38 - Quoting reliable sources, Sin Chew Daily reported yesterday that the merger talks between Malaysia Airlines, Qantas and British Airways were moving into the final stages.
The proposed merger will not entail equity stake, adopting instead a profit splitting strategy.
Moreover, the three airlines will maintain their roles as "national carriers" of their respective countries, and will keep their own brands, staff and a major portion of their routes.
http://www.mysinchew.com/node/18935?tid=14
I've no idea how reliable these sources are.