Qantas Airways Ltd., Australia’s biggest airline, says “significant matters” need to be resolved before a merger with British Airways Plc can be achieved.
These include “an appropriate merger ratio,” issues connected with British Airways’ pension fund and the global economic outlook, Chief Executive Officer Alan Joyce said today in Sydney at a business lunch, the 42-year-old’s first public speech since taking the CEO role Nov. 28.
Qantas revealed the merger talks with its London-based ...