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# Monday, 04 August 2008

BA and Iberia are holding talks about a possible merger of the two airlines. Willie Walsh, the BA boss has said that the merger would help the airlines in the current economic environment and should allow them to reduce costs. Iberia currently employs 22,000 staff, has 198 aircraft and flies to 109 destinations. Under the merger it would operate mainly in South America and Africa, with BA focusing on the Middle and Far East. If the merger goes ahead the British Airways and the Iberia brands would both be retained.