Gulf Air
With Emirates ruling out a stake in Qantas, almost nothing has been mentioned regarding Gulf Air. It seems to flying under the radar.
It is a one world partner and would give Qantas a worldwide network through the middle east.
British Airways, Iberia, Gulf Air, Qantas - Now we're talking.
They could muster up the cash for the 18 percent stake.
Point of interest: IAG have stated words to the effect that regulatory ownership issues makes consolidations difficult at the present time.