We extend the twistor methods developed in our earlier work on linear
deformations of hyperkahler manifolds [arXiv:0806.4620] to the case of
quaternionic-Kahler manifolds. Via Swann's construction, deformations of a
4d-dimensional quaternionic-Kahler manifold M are in one-to-one
correspondence with deformations of its 4d+4-dimensional hyperkahler cone
S. The latter can be encoded in variations of the complex symplectomorphisms
which relate different locally flat patches of the twistor space ZS, with a
suitable homogeneity condition that ensures that the hyperkahler cone property
is preserved. Equivalently, we show that the deformations of M can be encoded
in variations of the complex contact transformations which relate different
locally flat patches of the twistor space ZM of M, by-passing the Swann
bundle and its twistor space. We specialize these general results to the case
of quaternionic-Kahler metrics with d+1 commuting isometries, obtainable by
the Legendre transform method, and linear deformations thereof. We illustrate
our methods for the hypermultiplet moduli space in string theory
compactifications at tree- and one-loop level.Comment: 55 pages, 1 figure, uses JHEP3.cls; v2: one ref added, minor
improvements; v3: title changed, sections 2.5 and 5.2 rewritten in part, ref
[26] adde