Posted by as airlines
Friday saw Iberia Express kick-off no-frills operations in a bid by owners International Airlines Group, which also owns British Airways, to boost profitability following the announcement merger of the two carriers last year. The inaugural flights took to the skies on Sunday from the airline’s hub in the Spanish capital. The initial route network for [...]
Posted by as UK News
Top UK carriers have joined forces to ask officials to prevent “travel chaos” at London airports during the Olympics. The four biggest airlines in the United Kingdom – Virgin Atlantic, BMI, easyJet and British Airways – said in a letter issued to the government on Saturday that if extra steps are not taken to counteract [...]
Posted by as Financial and Business
Transport Secretary Justine Greening is expected to publish a white-paper on aviation in the UK in the days following the Budget. However, many in the airline industry are expecting the Coalition’s document to be no more than yet another call for evidence. Although there is mounting support from airlines and industry bosses for a third [...]
Posted by as airlines
BMI owner Lufthansa has promised British Airways that Virgin Atlantic’s gripes won’t tarnish the sale of BMI to the UK flag carrier. The pledge came this week via the Deutsche Lufthansa AG (LHA) chief executive Christoph Franz, who said that he expects that the sale of loss-making BMI to BA’s parent firm, IAG, would clear [...]
Posted by as World News
Two men were arrested at Heathrow Tuesday airport over comments they made on a flight from the US to the United Kingdom. Reports said late on Monday that the two individuals, who are said to be Israeli nationals, were taken into custody upon arrival at Terminal 5 in the west London hub yesterday evening. They [...]
Posted by as airlines
Airbus has joined with some of the largest airlines in Europe to put pressure on the European Union to come up with a solution to the increasing threat of retaliation from other countries over its carbon emissions tax. The planemaker and airlines including British Airways, Lufthansa and Air France-KLM want European leaders to get involved [...]
Posted by as airlines
International Airlines Group (IAG) may soon face delays in the takeover of BMI via the European Commission. The parent firm of British Airways and Spain’s Iberia stands to acquire 9 per cent of Heathrow’s landing slots in the £172 million takeover, which would bring its total to nearly 52 per cent; the deal has subsequently [...]
Posted by as airlines
The top official for Ryanair has accused the Office of Fair Trading of being unfair in its handling of the sale of BMI. Chief executive Michael O’Leary said that the OfT was favouring British Airways’ and Iberia parent firm International Airlines Group (IAG) in the buyout of the ailing carrier from German owners Lufthansa by [...]
Posted by as airlines
The UK flag carrier has announced that it will be adding new service to Hong Kong. British Airways said on Tuesday that it is to launch three additional daily flights between in its main hub at London’s Heathrow airport and Hong Kong International Airport beginning on 25 March. The airline said the additional service comes [...]
Posted by as airlines
International Airlines Group, the parent of British Airways, has said that this year’s performance will be hampered by £850 million in added fuel costs, the eurozone’s economic issues, and high taxes in the UK. The warning was issued after the company announced that 2011 had produced pre-tax profits of more than 500 million euros. The [...]