British Airways faces some turbulence in its bid to take major equity stakes in both Iberia and Qantas, with IB CEO Fernando Conte claiming that BA's ambitions are "too complex." Speaking Wednesday at an Aviation Club lunch in London, Conte reportedly argued that it would be "more reasonable" and "more rational" for BA to focus on intra-continental consolidation before trying to strike a transcontinental deal. He also revealed that BA CEO Willie Walsh told him about the Qantas discussions ...

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