British Airways CEO Willie Walsh has confirmed that the carrier is in talks with oneworld partner American Airlines over forming a transatlantic joint venture agreement, and says he expects the two airlines to make a fresh application for antitrust immunity within the next two weeks.

Talks with American are “progressing very well” and are “taking place against the backdrop of a changed regulatory environment”, says Walsh.

“We’re looking at concluding those discussions within the next two weeks and we expect to move forward with an application for antirust immunity within the next two weeks. This is a joint venture between us on the transatlantic and I think it will represent significant benefits to consumers, particularly in the area of frequent flyer programmes.”

This will be the third time BA and

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