British Airways has recently stated it did not view its proposed merger deals with Iberia and Qantas and a tie-up with American Airlines as alternatives adding that all these moves could happen if regulators approve.

In a statement made on Wednesday, BA"s group treasurer George Stinnes said, "We"d be very happy to consummate all these transactions. It"s certainly not an "either-or" situation.”

The airline said on Tuesday that it was examining a potential merger with Australian carrier Qantas Airways besides continuing its discussions regarding a possible merger with Spanish carrier Iberia.

BA, Iberia and American Airlines have already approached the US regulatory authorities seeking anti-trust immunity, which would enable them co-operate in areas including pricing and marketing.

However, Stinnes declined to give a view on the likelihood of these different deals or to project a time scale for completing them.

He said, "We"re working our way through the agenda. These things are complex -- it"s not like going down to the corner shop and picking up some apples.”

Recently, BA revealed a 5.9 percent fall in traffic during November compared to the figures obtained a year ago to 8.71 billion revenue passenger kilometers (RPKs).

Overall passenger numbers of the firm dropped by 7.8 percent to 2.42 million while BA"s passenger load factor came down by 2.2 percentage points to 74.4 percent of capacity. The carrier"s premium traffic declined by 10.8 percent while its non-premium traffic fell by 4.8 percent.

Stinnes said, "The current level of decline in premium either side of 10 percent is something we expected to happen.”