All British Airways articles – Page 9
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NewsFlypast marks British Airways 747s’ final Heathrow departure
British Airways’ final pair of London Heathrow-based Boeing 747-400s have departed the UK hub, following the airline’s decision to retire the type from service. Aircraft G-CIVB, painted in the ‘Negus’ heritage livery for the airline’s 100 th anniversary, lifted off at 08:40 on 8 October, followed immediately by ...
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NewsIAG receives strong response to recapitalisation share offer
British Airways and Iberia parent IAG has received a strong response to the share issue undertaken to reinforce the company’s liquidity. It has received acceptances for the entire batch of nearly 2.98 billion shares offered under the capital increase. IAG says that, by the end of a pre-emptive ...
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NewsBA adds back Bahrain and South Africa as part of October expansion
British Airways today resumed flights to Johannesburg, Cape Town and Bahrain, part of a number restored routes as it steps up its network this month after suspending a swathe of services during the global pandemic.
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AnalysisCruz control: how BA chief dealt with parliamentary probe
While MPs attempted to pin down the flag carrier’s dealings with its employees, the airline’s boss made sure the transport select committee was left in no doubt about the state of the industry.
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NewsCrisis spurs competition regulator to prolong Oneworld transatlantic pact
UK competition regulators have imposed interim measures to address concerns over transatlantic routes operated under the Oneworld alliance’s joint business arrangement, having opted not to accept concession proposals put forward earlier this year. Oneworld carriers British Airways and American Airlines had offered slots at London Heathrow or Gatwick to ...
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NewsBritish Airways competes head on with Virgin Atlantic in Lahore
British Airways will compete with Virgin Atlantic on its recently-announced London Heathrow -Lahore route, having disclosed its own plans to serve the Pakistani city from October. The IAG-owned carrier will operate four flights a week to Lahore from 12 October, using a Boeing 787-8 aircraft. The carrier’s ...
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NewsCruz calls for Covid-19 testing at UK airports as BA outlines recovery plan wish-list
The UK government must rapidly introduce a coronavirus testing regime at airports, reform its travel corridor programme, and remove air passenger duty (APD) from domestic flights to give airlines a fighting chance of surviving the coronavirus crisis.
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NewsBA chief Cruz hopeful on workforce agreements but warns of painful recovery ahead
British Airways is hopeful that outstanding contract revisions covering changes to pay and conditions for 30,000 staff members can be concluded shortly, as the carrier hunkers down to weather a “long and protracted” recovery.
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AnalysisWhy transatlantic return matters so much to airlines
When Virgin Atlantic broke the news it would need to cut over 1,000 more jobs, even having secured its future within £1.2 billion ($1.6 billion) in refinancing commitments, it underlined just how damaging the failure to reignite the key transatlantic market was.
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NewsIAG dials back capacity outlook as recovery falters
IAG has pulled back its capacity planning for this year and next, after the initial encouraging signs of booking recovery in the air transport crisis started to level off. It is expecting third-quarter capacity to be 78%, rather than 74%, down on last year’s figure, while the fourth quarter ...
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AnalysisWinter of disconnect ahead for Europe’s airlines
There are few crumbs of comfort for European airlines as they look back on a worse-than-expected summer season and forward to what could be a bleak winter.
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NewsWalsh hands over IAG reins – and challenges – to Gallego
Willie Walsh signed off as chief executive of British Airways and Iberia parent IAG during the group’s AGM today, while also confirming he is leaving the aviation industry after a four-decade career.
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NewsBritish Airways’ union calls for strike action
British Airways staff represented by the Unite union have “overwhelmingly” called for strike action over the airline’s plans for job losses and changes to employment terms.
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NewsBritish Airways staff receive redundancy notices
British Airways has begun informing thousands of staff whether they will be made redundant, as part of its plan to cut 12,000 positions.
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NewsIAG’s Walsh warns against obtaining liquidity without structural reform
Outgoing IAG chief Willie Walsh has warned that obtaining liquidity will offer a false sense of security to airlines unless they fundamentally adapt their business to reflect a different post-crisis market. Walsh points out that British Airways’ second-quarter operating loss of £711 million eclipses that of previous crises – ...
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NewsBritish Airways pilots strongly back cost-savings pact
British Airways pilots have voted convincingly in favour of accepting a pay deal recently negotiated between the airline and its cockpit union. The union, BALPA, says that 85% of its members backed the deal, based on a turnout of 87%. BALPA expects around 270 compulsory redundancies but says ...
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NewsIAG impairs fleet after BA 747 and Iberia A340 retirements
IAG has taken a €729 million ($863 million) charge in conjunction with a broad fleet impairment covering 61 aircraft, including the withdrawal of British Airways’ Boeing 747-400 fleet and Iberia’s Airbus A340-600s. The exceptional charge deepened IAG’s already-dire operating loss for the first half to just over €4 billion, ...
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NewsQatar Airways on board as IAG proposes €2.75bn capital increase
British Airways and Iberia parent IAG is proposing a €2.75 billion capital increase, to which Qatar Airways – its largest shareholder with 25% – has already agreed to sign up. IAG says the increase would strengthen its balance sheet and liquidity, and reduce financial leverage, given that it does ...
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NewsBA pilots vote on pay cuts and ‘holding pool’ to reduce job losses
British Airways pilots are to be consulted on a package involving pay cuts and a series of other measures intended to protect crew jobs, with the cockpit union admitting the conditions of the deal are unlikely to be bettered. Cockpit union BALPA has been discussing ways to avoid cutting ...
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NewsBritish Airways to immediately retire all 747 aircraft
British Airways has decided to immediately retire its entire Boeng 747-400 fleet of 30 aircraft due to the disruption in the aviation industry as a result of the coronavirus.