British Airways lost 300,000 passengers in September amid pilot strikes October 7, 2019 British Airways lost more than 300,000 passengers throughout September, as recent strikes forced it to cancel more than 2,000 flights. The airline suffered an eight per cent decline in passenger numbers last month to 3.85m people. Read more: IAG issues profit warning after British Airways strikes That was down from 4.19m during the same period [...]
British Airways cancels more flights as strikes bite September 12, 2019 British Airways said today it is cancelling several flights at the end of this month as pilots prepare to go out on strike. The airline did not say how many flights would be affected, but promised to let customers know. “We are now contacting all those affected to offer them a full refund or a [...]
Travel chaos set to hit London airports as British Airways pilots vote to strike August 23, 2019 British Airways pilots are planning to go on strike for three days in September, the British Airline Pilots Association (BALPA) said. BALPA said the airline “did not accept” any options the union put to it during talks this week, adding: “it is clear following discussions with members over the last few days that BA’s most [...]
‘Massive gravy train’: British Airways owner IAG slams Heathrow expansion plans August 21, 2019 British Airways’ parent company has accused Heathrow airport of “treating customers with contempt,” saying plans to spend billions on its expansion before getting planning permission amounted to a “heist”. In an excoriating attack, International Airlines Group accused Britain’s biggest airport of covering up the cost of the expansion. Heathrow has claimed the plans can be [...]
British Airways to fight data breach fine as parent company profits stay flat August 2, 2019 British Airways will “vigorously defend itself” against its £183m fine by authorities for a data breach in which more than 400,000 customers’ information was stolen. The airline this morning said it would use all means at its disposal to avoid the record-breaking penalty. Read more: British Airways owner set for record £183m fine after 2018 [...]
British Airways owner set for record £183m fine after 2018 data breach July 8, 2019 British Airways is gearing up to face a record £183m fine by authorities after a data breach caused it to lose more than 400,000 customers’ information. The airline’s owner, International Consolidated Airlines Group (IAG), announced this morning it would make “any necessary appeals” in response to the penalty. Read more: British Airways data breach: How [...]
Is two-year low the nadir for IAG shares? May 21, 2019 | City Talk Investors have taken these results as a cue to pick up cheap stock, betting that the worst is over. In the context of its financial year, the first quarter will probably be one which International Consolidated Airlines Group (LSE:IAG) will want to forget. As can be seen from the demise of several smaller airlines over [...]
The worst may still be yet to come for Boeing, after it takes a $1bn revenue hit from 737 Max disasters April 25, 2019 Describing Boeing’s past two months as “turbulent” is both a cliche and an understatement. It's found itself at the centre of not one but two aerospace disasters and its mighty brand now risks becoming synonymous with aviation risk. This is intensely dangerous territory for the world's largest commercial aircraft manufacturer. Worse still, as Boeing's boss [...]
Lloyds Bank stars as FTSE 100 rockets in Q1 April 9, 2019 | City Talk By Graeme Evans from interactive investor. After a great first quarter for stock markets, we assess the best and worst blue-chips of 2019 so far. It’s been a storming start to 2019 for the FTSE 100 index, with popular interactive investor stocks including Lloyds Banking Group (LSE:LLOY), Next (LSE:NXT) and Tesco (LSE:TSCO) among those on [...]
At least 13 injured after British Airways flight BA2276 catches fire in Las Vegas’ McCarran Airport September 9, 2015 At least 13 people have been taken to hospital with minor injuries after British Airways flight 2776 to London Gatwick caught fire at Las Vegas airport, airport officials said. In total 172 people, including 159 passengers and 13 crew members, were forced to evacuate the Boeing 777-200 on emergency slides. It is thought most of [...]