FACTBOX - Key facts about British Airways and Iberia

(Reuters) - British Airways and Spain's Iberia are in merger talks to create the world's third largest airline.

Following are some key facts about the two airlines:

* THE MERGED AIRLINE:

-- It will be the 3rd biggest airline in the world and have an income of 16.5 billion euros (13 billion pounds).

-- It will have nearly 450 aircraft and travel to more than 200 destinations.

-- There will be very few overlapping routes. Iberia brings with it the biggest share of the Europe-Latin America market. BA the leading airline on North Atlantic routes and strength on Europe-Asia connections.

THE TWO AIRLINES:

* IBERIA:

-- Spanish carrier Iberia carries passengers and cargo, and carries out aircraft maintenance and handling services. It operates in Europe and Latin America and is Europe's fourth-biggest airline in terms of passenger traffic.