It wouldn't suprise me if Virgin was one of the 12 on BA's list....

It wouldn't suprise me if Virgin was one of the 12 on BA's list. Would fit the profile IMO.

Qantas has already dismissed the chance of a merger, whereas Virgin have said they would be open to the idea (see article 1), and BA has said that there are low cost airlines on that list.

http://www.theaustralian.com.au/business/aviation/virgin-merger-on-cards/story-e6frg95x-1225871311977

http://www.theaustralian.com.au/business/aviation/british-airways-eyes-12-potential-acquisition-targets/story-e6frg95x-1225914574753