British Airways and Iberia soar on Qantas-BA merger talks: European airline share prices

British Airways shares enjoyed their biggest one day gains since 2002 on confirmation it is discussing a merger with Qantas. Another merger target, Aer Lingus also enjoyed a strong day, rising 4.5% (as suitor Ryanair dipped 0.6%), while other acquisitive European carriers, Air France-KLM and Lufthansa, also gained from investors buoyed by M&A activity.