BA bids to quash ruling on Hong Kong cabin crew December 7, 2010 BRITISH Airways will this week attempt to overturn a court ruling preventing it from making its Hong Kong-based female cabin crew retire at the age of 45 without a pension. BA is asking the Court of Appeal to quash an earlier ruling that it must apply UK anti-discrimination law to its international cabin crew. In [...]
BA bids to quash ruling on Hong Kong cabin crew December 7, 2010 BRITISH Airways will this week attempt to overturn a court ruling preventing it from making its Hong Kong-based female cabin crew retire at the age of 45 without a pension. BA is asking the Court of Appeal to quash an earlier ruling that it must apply UK anti-discrimination law to its international cabin crew. In [...]
Rivals eye up Virgin Atlantic December 14, 2010 RICHARD Branson’s Virgin Atlantic could fall into American hands after several rivals including US-based Delta approached the company about a merger or tie-in deal. A handful of airlines have made enquiries about an eventual partnership with the carrier, according to Sky News, and Virgin has asked Deutsche Bank to help examine its options. Virgin Atlantic [...]
Rivals eye up Virgin Atlantic December 14, 2010 RICHARD Branson’s Virgin Atlantic could fall into American hands after several rivals including US-based Delta approached the company about a merger or tie-in deal. A handful of airlines have made enquiries about an eventual partnership with the carrier, according to Sky News, and Virgin has asked Deutsche Bank to help examine its options. Virgin Atlantic [...]
Bank’s chief hawk says businesses will grow Britain out of recession February 1, 2011 FOR seven months Andrew Sentance stood alone, the only Bank of England rate-setter brave enough to call out for a gradual rise in rates. Yet in January he was finally joined by one of his eight colleagues, Martin Weale, in his appeal for a gradual tightening in the central bank’s rates. “I don’t want to [...]
Bank’s chief hawk says businesses will grow Britain out of recession February 1, 2011 FOR seven months Andrew Sentance stood alone, the only Bank of England rate-setter brave enough to call out for a gradual rise in rates. Yet in January he was finally joined by one of his eight colleagues, Martin Weale, in his appeal for a gradual tightening in the central bank’s rates. “I don’t want to [...]
Virgin Atlantic confirms a number of approaches December 15, 2010 VIRGIN ATLANTIC confirmed yesterday that it has received “a number of lines of enquiry” from other airlines about a possible tie-up or merger deal. Sir Richard Branson’s airline said it has appointed Deutsche Bank to help handle the approaches, which it said are likely to run on for a number of months. Rivals including US-based [...]
FTSE mining and auto stocks hit by China tightening fears January 20, 2011 BRITAIN’S top share index sank to its lowest closing level in more than five weeks yesterday, weighed down by mining stocks on concerns over potential further monetary tightening by China and its impact on demand. The FTSE 100 closed down 108.79 points, or 1.8 per cent, at 5,867.91, its lowest close since December 13. Miners [...]
Cabin crew in threat to strike again as Unite ballots members November 29, 2010 THE UNITE union is getting ready to ballot 11,000 British Airways cabin crew on further strikes, it announced yesterday after the merger with Iberia was passed by shareholders. The industrial action is over staff travel concessions and disciplinary action linked to previous strikes. Unite joint general secretary Tony Woodley said yesterday BA’s “vicious war against [...]
BA shares hit as Heathrow chaos drags on December 20, 2010 SHARES in British Airways plummeted yesterday thanks to the major disruption to its flights from Heathrow. The firm, which is Heathrow’s biggest operator, cancelled 70 of its 130 flights out of the airport yesterday, leaving thousands stranded. BA is currently losing up to £10m a day, according to analyst estimates – close to the losses [...]