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BA and Iberia talk merger

Business | Airlines and airports
2009-11-13

BRITISH Airways Plc and Spanish airline Iberia SA confirmed they held separate board meetings yesterday about a long-awaited merger, responding to feverish speculation that has sent their shares soaring. BA, the...

BA flies deeper into the red as crisis stays

Business | Airlines and airports
2009-11-7

BRITISH Airways Plc yesterday reported a net loss of 208 million pounds (US$346 million) in the six months ended September 30 as the global economic downturn continued to take its toll on revenues. The first-half...

Partner airlines offer to help JAL

Business | Airlines and airports
2009-9-19

AMERICAN Airlines Inc, British Airways Plc and Qantas Airways Ltd have offered broad financial and business support to struggling alliance partner Japan Airlines Corp, including a possible investment of several hundred...

Carrier posts loss, sees no signs of improvement

Business | Airlines and airports
2009-8-1

BRITISH Airways Plc warned there were "no visible signs of improvement" in the recession-hit airline industry as it posted a 94 million pound (US$155.5 million) quarterly loss yesterday, despite noting a seasonal summer...

BA seeks to raise funds to weather crisis

Business | Airlines and airports
2009-7-18

HARD-PRESSED British Airways said yesterday that it plans to raise 600 million pounds (US$980 million) to see it through the recession and financial losses, which it estimated at 100 million pounds for the three months...

BA flies into biggest loss since being privatized

Business | Airlines and airports
2009-5-23

BRITISH Airways yesterday reported its biggest full-year loss since the former national airline was privatized in 1987, mainly due to soaring fuel costs and weaker demand in recent months. The company lost 375...

BA eyes 2011 for return to profitability

Business | Airlines and airports
2009-3-6

BRITISH Airways Plc said it sees no return to profit until fiscal 2011 at the earliest as the global recession weighs on demand for air travel. The operating loss for the 12 months through next March will be...

BA jet's wheel collapses on landing

World
2009-2-15

THE nosewheel of a British Airways passenger jet collapsed with a loud bang as it landed on Friday at London City Airport, sending the plane scraping across the tarmac with 71 people aboard, officials and witnesses...

British Airways posts a loss but stays confident

Business | Airlines and airports
2009-2-7

BRITISH Airways is set to post a record loss for its fourth quarter as it continues to battle falling demand and a weak sterling, but its shares rose as analysts said the carrier should survive the economic downturn....

Airlines merger not cleared for takeoff

Business | Airlines and airports
2008-12-19

QANTAS and British Airways have been unable to agree on the terms of a proposed merger that both carriers had hoped would help them fend off an industry downturn. "Despite the potential longer-term benefits for...