Tie-up between BA and Iberia to face the vote November 28, 2010 INVESTORS in British Airways and Spain’s Iberia are due to vote today on a £5.6bn merger to create a new giant of the skies. Shareholders are due to vote in London and Madrid on whether to approve the tie-up to create a holding company known as International Airlines Group (IAG). It would mark another step [...]
Virgin mulls legal action over Heathrow disruption January 10, 2011 Virgin Atlantic may take legal action against airport operator BAA over the part closure of London’s Heathrow airport last month and will withhold fees until a probe into the disruption is complete. “We’re exploring our legal options but will continue talking to BAA and want the inquiry into what happened last month to be both [...]
Virgin mulls legal action over Heathrow disruption January 10, 2011 Virgin Atlantic may take legal action against airport operator BAA over the part closure of London’s Heathrow airport last month and will withhold fees until a probe into the disruption is complete. “We’re exploring our legal options but will continue talking to BAA and want the inquiry into what happened last month to be both [...]
Broughton makes key hire at sports fund December 1, 2010 MARTIN Broughton, the former chairman of Liverpool Football Club, has made a key hire at his fledgling investment fund and advisory fund, Sports Investment Partners. Sports Investment said yesterday it is hiring Matthew Wheeler, who was chief executive of Alan Pascoe’s API Group in the 1990s. He then had a four-year stint as the worldwide [...]
Broughton makes key hire at sports fund December 1, 2010 MARTIN Broughton, the former chairman of Liverpool Football Club, has made a key hire at his fledgling investment fund and advisory fund, Sports Investment Partners. Sports Investment said yesterday it is hiring Matthew Wheeler, who was chief executive of Alan Pascoe’s API Group in the 1990s. He then had a four-year stint as the worldwide [...]
Continental found guilty at Concorde crash trial in France December 6, 2010 A FRENCH court yesterday found Continental Airlines and a mechanic at the airline guilty of involuntary manslaughter for their part in the 2000 Concorde crash that spelled the end of the supersonic airliner. In a ruling that could affect the way planes are maintained and inspected, the court said the US airline and a welder [...]
Retailers feel chill winds of arctic conditions December 20, 2010 FOR retailers, it never rains – it snows and snows and snows. The industry had been hoping that the latest blast of freezing weather would hold off until after Christmas. Instead, the snow that blanketed London in the small hours of Saturday morning thwarted one of the biggest days on the retail calendar. Persistent sub-zero [...]
Retailers feel chill winds of arctic conditions December 20, 2010 FOR retailers, it never rains – it snows and snows and snows. The industry had been hoping that the latest blast of freezing weather would hold off until after Christmas. Instead, the snow that blanketed London in the small hours of Saturday morning thwarted one of the biggest days on the retail calendar. Persistent sub-zero [...]
Flybe listing to take off in December November 30, 2010 REGIONAL airline Flybe yesterday announced plans to list in London in December in a bid to raise £60m. The initial public offering (IPO) would value the budget carrier, Europe’s largest regional airline, at about £240m and marks another stride in its ambitious growth strategy. “We are delighted to bring Flybe to the market. The company [...]
Flybe listing to take off in December November 30, 2010 REGIONAL airline Flybe yesterday announced plans to list in London in December in a bid to raise £60m. The initial public offering (IPO) would value the budget carrier, Europe’s largest regional airline, at about £240m and marks another stride in its ambitious growth strategy. “We are delighted to bring Flybe to the market. The company [...]