BA and union edge closer to new peace deal October 11, 2010 BRITISH Airways (BA) and the union representing its cabin crew are moving closer to a peace deal, with a branch of the union claiming a deal could be reached as early as this week. “We did have talks with BA and (conciliation service) Acas last Friday, we did make some progress and we hope to [...]
British Airways cabin crew vote for strike February 22, 2010 BRITISH Airways (BA) cabin crew have voted in favour of industrial action over pay and conditions. According to the Unite Union, which represents the 12,000 crew, 81 per cent of the 9,000 who returned ballots voted in favour of a strike. Unite assistant general secretary Len McCluskey said: “With this overwhelming vote in the teeth [...]
Mounting hope of an Irish bailout drives up the FTSE November 18, 2010 BRITAIN’S top share index closed higher yesterday, boosted by banks on growing hopes for a deal to ease Ireland’s debt crisis and by mining stocks which followed metals prices higher. The FTSE 100 closed 76.15 points, or 1.3 per cent, firmer at 5,768.71, in light volume, trading 85 per cent of its 90-day average. The [...]
Mounting hope of an Irish bailout drives up the FTSE November 18, 2010 BRITAIN’S top share index closed higher yesterday, boosted by banks on growing hopes for a deal to ease Ireland’s debt crisis and by mining stocks which followed metals prices higher. The FTSE 100 closed 76.15 points, or 1.3 per cent, firmer at 5,768.71, in light volume, trading 85 per cent of its 90-day average. The [...]
Unite to clash with BMI in High Court September 19, 2010 BMI, the British carrier, is to come face to face with trade union Unite in the High Court today over a pay freeze dispute. Unite, which has also launched legal action against British Airways, is taking the BMI to court for a “breach of contract” over failure to increase pay for 3,000 BMI staff. The [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 20, 2010 FINANCIAL TIMES TRICHET OPPOSES DEAL IN EU BUDGET Jean-Claude Trichet, president of the European Central Bank, has refused to endorse the full package of Eurozone sanctions decided by European Union finance ministers this week. The revelation came amid mounting criticism in Germany of a compromise deal that Angela Merkel, the chancellor, agreed with Nicolas Sarkozy, [...]
Former US Treasury chief joins BA board September 27, 2010 FORMER US Treasury secretary John Snow, and Telefónica chairman César Alierta, are to join the board of the newly formed International Airlines Group (IAG) as non-executive directors, it was announced yesterday. The company, which is being formed by the planned merger of British Airways and Iberia, will create Europe’s second-largest airline by market value after [...]
BA’s tie-up with AA and Iberia is ready for take-off September 29, 2010 BRITISH Airways (BA) will officially launch its new joint business with American Airlines (AA) and Iberia next month in a move that is expected to generate $7bn (£4.4bn) in combined revenue a year. The deal, which was given the green light by EU and US competition regulators in July, will generate annual savings of up [...]
Traffic rebound boosts BA October 5, 2010 FLAG-CARRIER British Airways (BA) reported a 1.3 per cent rise in air traffic during September, mainly on the back of a return in business travel, boosting its shares to a new two-year high yesterday. BA said that its premium traffic – business and first-class passengers – rose by 4.3 per cent, signalling an end to [...]
BMI to start flights to Libya in December September 23, 2010 UK airline BMI is to launch a daily service from London to Tripoli from 1 December 2010, it said yesterday, in a possible sign of thawing UK/Libyan relations Until now British Airways was the only UK airline to operate a route to Libya, with flights to Tripoli beginning in1999. BMI will operate flights from?Heathrow with [...]