British Airways PLC (BAY.LN) will respond to concerns raised by the European Commission over its transatlantic tie-up plans by the end of October, a spokesman for airline said Monday.

The European Commission Friday confirmed it had sent its Statement of Objections to BA, AMR Corp's (AMR) American Airlines and Spain's Iberia Lineas Aereas de Espana SA (IBLA.MC) over their oneworld transatlantic alliance.

The commission is concerned the airlines' bid to increase cooperation on transatlantic routes could restrict competition and raise fares for consumers but BA and Iberia Friday said are keen to address and overcome any issues raised by the commission.

Anti-trust immunity would allow the carriers to work more closely on schedules and prices, while also sharing revenue.

The spokesman declined to comment whether it would respond to the commission in writing or request a formal oral hearing.

Company Web site: www.britishairways.com

www.iberia.com 
-By Kaveri Niththyananthan, Dow Jones Newswires; 4420 7842 9299; kaveri.niththyananthan@dowjones.com