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International Airlines Group, the owner of British Airways, has seen off rival Virgin Atlantic to acquire BMI in a suggested £172.5 deal which will leave it with over half of Heathrow’s take-off and landing slots. Buying the loss-making BMI from Lufthansa will increase IAG’s portfolio by 56 slot pairs at the UK’s largest airport, raising [...]
(Read More)28th Nov 11
Heathrow warns of strike delays
by Harry Oldfield
Airline passengers arriving at London Heathrow face being stuck on an aircraft for as long as 12 hours due to an immigration officers strike. The airport’s owner BAA has told airlines that this week’s public sector strike risks “gridlock” at the airport. Carriers have been advised to fly planes half full in an attempt to [...]
(Read More)18th Nov 11
UK airlines oppose air passenger duty
by Sally Davies
Four of the UK’s biggest airlines have put their feuds on hold to appeal to the government to scrap the tax which all passengers are forced to pay on flights departing the country. The chief executives of Virgin Atlantic, British Airways, easyJet and Ryanair have described air passenger duty (APD) as “incredibly damaging” to the [...]
(Read More)8th Nov 11
Ryanair reports first-half profits rise and increases full-year profit
by Adam Richards
Double-digit fare hikes have not dissuaded travellers from flying with Ryanair as increased ticket prices and an apparently insatiable appetite for budget travel helped it report a rise of 20 per cent in profits. Europe’s biggest short-haul carrier also increased full-year profit guidance as a result of a reduction in its fleet size during winter, [...]
(Read More)18th Oct 11
New minister compromised over expansion of Heathrow says Walsh
by Natasha Redman
International Airlines Group’s chief executive Willie Walsh has raised concerns that Justine Greening, the new transport secretary, could be faced with a conflict of interest due to the fact that her constituency is below the Heathrow flight-path. Ms Greening was named as the new transport secretary when Liam Fox’s resignation last Friday led to Philip [...]
(Read More)17th Oct 11
British Airways in bid for BMI
by Adam Richards
The parent of British Airways, International Airlines Group (IAG), is rumoured to have tabled an offer to acquire BMI British Midland – an airline which uses Heathrow as its main hub. The BA owner is believed to be interested in buying the whole airline from German flagship carrier Lufthansa, its current owner. The move, which [...]
(Read More)21st Sep 11
BA to launch massive ad campaign
by Adam Richards
British Airways is set to launch its biggest ad campaign for 11 years, injecting £20m and using employees to promote the airline’s virtues – just months after finally settling a bitter dispute with cabin crew members. The ad campaign’s TV element will first be screened in the UK and the US before being introduced to [...]
(Read More)2nd Aug 11
BA set for dispute with OFT over fine
by Sally Davies
British Airways is on a collision course with the Office of Fair Trading (OFT) after the company refused to pay the fine of £121.5m for allegedly fixing the fuel surcharge price. The airline, part of the International Airlines Group following a merger with Iberia from Spain, was hit with the fine back in 2007. However, [...]
(Read More)1st Aug 11
AA still confident over merger
by Adam Richards
American Airlines has raised prospects of a full merger between British Airways and Iberia – which would create the world’s biggest flier. President of American Airlines, Tom Horton, spoke at a press conference of his belief that restrictions on foreign ownership of American carriers will be relaxed before the age he decides to retire – [...]
(Read More)22nd Jul 11
Ticket scam costs BA almost £250,000
by Katie Naylor
A British Airways manager was able to net as much as £250,000 from an elaborate ticket exchanging scam, heard an employment tribunal. The fraudster purchased hundreds of low-cost advance tickets, then converted and sold them off just prior to the flight in expensive “last minute” deals. His scam meant he was able to sell a [...]
(Read More)