UK airline bosses warn PM against making all arrivals subject to hotel quarantine January 26, 2021 The bosses of British Airways, Easyjet, Virgin Atlantic, Jet2 and others have written to Prime Minister Boris Johnson to warn him off a blanket policy forcing all UK arrivals into hotel quarantine.
British Airways owner IAG cuts growth forecast November 8, 2019 British Airways’ owner International Consolidated Airlines Group (IAG) cut its growth forecast for the next few years due to an expected slump in passenger capacity growth. The company said average earnings per share growth would be 10 per cent in the three years from 2020 to 2022, compared to a previous estimate of 12 per [...]
BA’s owner IAG looks at all options but steers clear of rights issue March 2, 2022 British Airways’ (BA) owner IAG is reportedly looking at all options to best navigate the period’s ups and downs but said it was for the moment steering clear of rights issues. IAG’s boss Luis Gallego said that, while the group was starting to recover from the pandemic’s impact, geopolitical and economic turmoils pushed it to [...]
BA’s owner IAG commits to 40 per cent female management by 2025 March 1, 2022 British Airways’ (BA) owner IAG extendeded today its gender equality commitments, pledging to reach a 40 per cent female management target by 2025. While female representation on the group’s board stands currently at 42 per cent, since 2021 women have occupied a 33 per cent of all senior management positions in the company. The new [...]
The Notebook: Victoria Scholar on why holiday spirit isn’t enough to power airlines’ profits October 10, 2023 Where the City’s top thinkers get a few things off their chest. Today, Interactive Investor’s Victoria Scholar takes the pen. Holiday spirit not enough to power airlines’ profits Global airline capacity (number of seats offered multiplied by distance flown) is finally on track to restore its pre-pandemic levels, according to data from Circium, reported by [...]
More than 300 data breach whistleblower reports received by regulatory body March 21, 2022 The regulatory body dealing with data breaches has received more than 300 whistleblower reports in the last year, a leading law firm has claimed. The Information Commissioner’s Office (ICO) was told of 309 instances of breaches from employees, over alleged failure to protect information. RPC, the law firm which aired concerns, says some of the reports [...]
Banker accused of assaulting BA cabin crew members cleared of charges January 13, 2022 William Clegg, a 33-year-old banker accused of assaulting five British Airways (BA) cabin crew members in 2019 has been cleared of all charges. Despite allegations of attempting to headbutt a female flight attendant and pulling to the ground a male cabin crew member, a jury has found Clegg not guilty on all counts, the Evening [...]
UK airlines set to ask Treasury for extension to Covid loans December 12, 2021 Bosses from British Airways, Virgin Atlantic and easyJet are set to ask the Treasury to extend their Covid-19 loans and provide further economic help in light of new restrictions imposed by Boris Johnson last week. Chief executives from the three airlines will meet with civil servants at the Treasury today to discuss the proposals, after [...]
BA’s South African franchisee Comair sees fleet grounded over safety concerns March 16, 2022 The fleet of British Airways’ (BA) South African franchisee Comair was grounded over safety concerns. The South African Civil Aviation Authority (SACAA) decided to revoke the regional carrier’s right to fly indefinitely on Sunday, after a 24-hour ban issued the day before due to fears of engine failures and landing gear malfunctions. “The suspension follows [...]
Former IAG boss Wille Walsh condemns Airbus-Qatar Airways row January 25, 2022 Willie Walsh, former boss of British Airways’ owner IAG and now at the helm of the International Air Transport Association, has condemned the ongoing row between Airbus and Qatar Airways. Weighing in on Airbus’s decision to revoke Qatar Airways’ order of 50 A321 planes, Walsh said it was a “new and worrying development,” telling Reuters [...]