British Airways considers selling its Heathrow HQ in homeworking shift March 19, 2021 British Airways said it was considering selling its headquarters as a switch to homeworking during the pandemic means it may no longer need so much office space. The potential sale of the building, first reported by the Financial Times, could boost the airline’s finances which have been hammered throughout the last year. The BA complex, [...]
British Airways owner IAG posts €1.1bn loss as passengers remain grounded May 7, 2021 British Airways owner IAG today reported an operating loss of more than €1.1bn for the first quarter as the pandemic kept passenger numbers low. Passenger capacity for the first three months of the year was 19.6 per cent of 2019 due to government restrictions and quarantine requirements. IAG hopes to push passenger numbers up to [...]
Qatar Airways to sponsor British and Irish Lions Tour to Australia July 25, 2024 Major long haul group Qatar Airways will be the title partner to the British and Irish Lions series against Australia in 2025. The partnership marks the next step in sponsorship for the famous rugby touring group, who have one of the most valuable pound-per-minute played commercial platforms in world sport. They follow City firm Howden [...]
British Airways dives to £4bn loss as flights reduced by two-thirds March 3, 2021 British Airways (BA) fell to a £3.9bn operating loss in 2020, owner IAG revealed today, more than half of the airlines group’s total loss for the year. According to the FTSE 100 firm’s annual reports, BA’s loss dwarved that of its stablemates Aer Lingus, Iberia and Vueling. These fell to losses of €563m, €1.4bn, and [...]
British Airways owner IAG agrees new $1.8bn credit facility March 23, 2021 British Airways owner IAG took yet another step towards stabilising its finances today by announcing a new $1.8bn (£1.3bn) revolving credit facility. The new financing arrangement has been agreed with a number of banks and will be available for an initial three years, with the possibility of extension for two more years. As well as [...]
Former British Airways boss Alex Cruz ‘in the running for top job’ at Nordic airline SAS April 5, 2021 Former British Airways boss Alex Cruz 'in the running for top job' at Nordic airline SAS
British Airways owner IAG: What to expect from the airline group’s earnings February 24, 2021 At last, a crack of light. That was the response of most airlines to Boris Johnson’s suggestion that air travel could get going in earnest from 17 May after a full year of grounded planes and sweeping cuts to jobs and routes alike. Expect this future to be fully in focus on Friday, when airlines [...]
Concorde: Watch as the iconic supersonic jet… sails down a river in New York March 14, 2024 The jet was lifted by crane onto pier 86, having last been on the plinth in August 2023.
Over 16,000 customers seeking compensation for British Airways data breach January 13, 2021 More than 16,000 people are seeking compensation from British Airways (BA) over a data breach in 2018, lawyers for the victims said today. In September 2018, the UK’s flag carrier revealed that the personal details of 420,000 customers – including names, debit and credit card numbers, addresses and email addresses – had been stolen. Now [...]
Will the River Thames be the new home of the BA Concorde? November 27, 2023 The £1m target will reportedly be used to fund three planning applications that "could be needed" to begin the Concorde application process.