In a radio interview on Friday, Howard confirmed that he would not try to alter investment laws to block a takeover of the airline known affectionately as the Flying Kangaroo.

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Both Qantas -- known as the "Flying Kangaroo" airline -- and BA are partners in the Oneworld Global Alliance, an umbrella which links 10 of the world's carriers, including American Airlines and Cathay Pacific.

CNN: British Airways in merger talks with Qantas