Two BA executives labelled liars in price-fixing trial April 28, 2010 TWO British Airways (BA) executives embroiled in price-fixing allegations were labelled as “liars” in court yesterday on the third day of the trial. Richard Latham QC told a jury at the Southwark Crown Court yesterday that accounts given to the Office of Fair Trading (OFT) by BA executives in 2007 did not “sit side by [...]
BA passenger numbers plunge in strike chaos June 3, 2010 BRITISH Airways carried 11.5 per cent fewer passengers in May year-on-year, hit by disruption caused by seven days of strikes by cabin crew. BA, which earlier this year sealed its long-awaited merger with Spain’s Iberia, carried 2.36m passengers last month, down from the 2.76m it flew in May 2009, while its load factor – a [...]
BA passenger numbers plunge in strike chaos June 3, 2010 BRITISH Airways carried 11.5 per cent fewer passengers in May year-on-year, hit by disruption caused by seven days of strikes by cabin crew. BA, which earlier this year sealed its long-awaited merger with Spain’s Iberia, carried 2.36m passengers last month, down from the 2.76m it flew in May 2009, while its load factor – a [...]
BA passenger numbers plunge in strike chaos June 3, 2010 BRITISH Airways carried 11.5 per cent fewer passengers in May year-on-year, hit by disruption caused by seven days of strikes by cabin crew. BA, which earlier this year sealed its long-awaited merger with Spain’s Iberia, carried 2.36m passengers last month, down from the 2.76m it flew in May 2009, while its load factor – a [...]
BA passenger numbers plunge in strike chaos June 3, 2010 BRITISH Airways carried 11.5 per cent fewer passengers in May year-on-year, hit by disruption caused by seven days of strikes by cabin crew. BA, which earlier this year sealed its long-awaited merger with Spain’s Iberia, carried 2.36m passengers last month, down from the 2.76m it flew in May 2009, while its load factor – a [...]
British Airways begins its fight back September 29, 2009 AIRLINES can still put on a great show, as yesterday’s inaugural British Airways flight from City Airport to New York JFK testified. We were treated to water salutes from firefighters, cheerleaders and champagne on tap. And apart from the fun of flying on a brand new, 32-seater all business class luxury Airbus A318, the exercise [...]
BA strike takes its toll on traffic at London airports April 12, 2010 HEATHROW saw 180,000 fewer passengers in March due to the strike action launched by British Airways cabin crew, according to BAA. The airports operator, majority owned by Spain’s Grupo Ferrovial, yesterday said that Heathrow handled 5.2m passengers last month, a 0.4 per cent increase. But passenger numbers would have risen by 3.8 per cent if [...]
Airlines adopt new ash rules May 18, 2010 AIRLINES breathed a sigh of relief yesterday as the Civil Aviation Authority (CAA) overhauled ash restriction regulations, allowing a return to regular operations. The CAA had been under intense pressure from a number of commercial airlines over continual flight bans issued over UK airspace as a result of the volcanic eruption in Iceland. As of [...]
THE TIPSTER May 31, 2010 STERLING-US dollar has been well-supported of late on fears that Prudential’s planned purchase of AIA could collapse. A large currency hedge shorting cable was put in place some months ago when the deal was first agreed and if it falls over, the hedge will come off, sending sterling-US dollar higher. While highly speculative, traders should [...]
BA to face fresh walk out threats May 6, 2010 BRITISH Airways (BA) could face more disruptions to its services as cabin crew finish voting today on whether or not to reject a peace offering from the airline and launch another strike action. Unite, the union representing the crew, had earlier urged staff not to accept the deal proposed by BA on the grounds that [...]