Merger talks between British Airways and Iberia, the Spanish flag carrier, are making little progress, despite recent assurances from both sides that a deal was imminent. Deal insiders in both London and Madrid have confirmed that momentum has all but stalled and at least a dozen problems remain to be solved. The airlines started merger talks last August in response to a severe reduction in passenger numbers. Further evidence of this downturn emerged over the weekend when BA confirmed that it had parked two Boeing 747 jets at Cardiff airport. The jumbos, worth more than £140 million...
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