Will the Rolls-Royce share price continue to defy gravity? August 5, 2024 Rolls-Royce has been the talk of the FTSE 100 over the last year. Will the share price rally ever end? (Yes, but not yet).
Heathrow travel chaos eases as Easter is over: BA re-loading bags again after temporary stop April 19, 2022 Chaos at Heathrow seems to be calming as the weekend has passed, with a British Airways spokesperson confirming to City A.M. this morning that the airline is loading all bags on its planes after a temporary stop on Thursday evening. British Airways reportedly stopped loading luggage on numerous European flights as it struggled to cope [...]
IAG shareholders revolt against ‘excessive’ share award to boss Luis Gallego May 24, 2022 Shareholders at British Airways’ parent company IAG have revolted against the “excessive” share award given to boss Luis Gallego. Proxy voting agency Glass Lewis told investors to vote against the policy at IAG’s annual general meeting next month, as the proposal to increase Gallego’s share award from 100pc of his salary to 150pc under IAG’s [...]
The Notebook: Andy Silvester on suppressed British success stories, why Global Airlines could raise the game and Bazball July 31, 2023 Where the City’s movers and shakers get a few things off their chest. Today, City A.M. editor Andy Silvester takes the pen British cynicism can mean we overlook our success stories Heading east out of the City towards the Strand one passes the ugly, brutalist facade of King’s College London, nobody’s idea of an architectural [...]
It’s back: Heathrow reopens terminal 4 to ramp up capacity June 7, 2022 Heathrow has announced it will reopen its terminal 4 next week to ramp up capacity as passenger demand continues to grow. Elizabeth and Piccadilly line services as well as bus routes will operate into the terminal starting on 14 June. Qatar Airways will be the first airline to move to the terminal, followed by another [...]
Which? demands boost to aviation regulator’s powers as passengers fume at airlines January 9, 2023 Which? has called on the government to bolster the aviation watchdog’s powers as fresh data reveals that passengers are losing faith in airlines’ ability to provide good customer service. Data published today by the consumer champion found that 39 per cent of adults who flew between January and October 2022 didn’t trust that airlines would [...]
Heathrow boss: Aviation sector can’t bank on soaring demand continuing into winter July 31, 2023 The aviation sector should not bank on soaring demand continuing, the boss of Heathrow airport has warned, amid concerns that airlines could struggle after summer without corporate travels’ sustained recovery. “We all want to make the most of the demand while it’s here but we can’t bank on it continuing,” long-time chief John Holland-Kaye told [...]
British Airways flights ‘more carbon intensive’ than competitors’ January 17, 2020 Flying with British Airways can increase CO2 emissions by as much as 45 per cent per passenger compared to rival airlines, according to an investigation. The snapshot analysis found that one passenger flying from Heathrow to Miami with British Airways would be responsible for 1.13 tonnes of carbon. The same journey with Virgin Atlantic is [...]
British Airways owner files complaint over Flybe bailout January 15, 2020 The bailout of regional airline Flybe from near-collapse was today the subject of an official complaint to the European Commission by the owner of British Airways, International Airlines Group. Flybe was kept aloft on Tuesday after the government provided support, thought to involve the deferral of a tax bill worth more than £100m. But IAG said [...]
Gatwick: Britain’s second-busiest airport boosted by new airlines and station revamp March 21, 2024 The international hub near Crawley, West Sussex, said it had returned to traffic levels of 94 per cent of what it was in 2019 - in July and October.