Financial Times FT.com

Iberia gives BA merger ultimatum

By Kevin Done in London and Mark Mulligan in Madrid

Published: December 3 2008 21:20 | Last updated: December 3 2008 21:20

British Airways must choose between Qantas or Iberia as its future merger partner, the chief executive of the Spanish carrier said Wednesday, adding that it would be “too complex” to pursue both deals.

Fernando Conte was due to meet Willie Walsh, BA chief executive, “pretty soon” to clarify where their talks were going, after being informed of BA’s rival secret talks with Qantas only one hour before BA’s public announcement on Tuesday.

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