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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 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...

Profit forecast, trimmer flights push up British Airways' stocks

Business | Airlines and airports
2008-11-8

BRITISH Airways Plc, Europe's third-largest carrier, gained the most in at least 20 years after raising its revenue forecast and pledging to trim flights, boost fares and complete a job-cutting program. The airline...

Airline Wants 1,400 Managers To Quit

Business | Airlines and airports
2008-9-13

BRITISH Airways Plc, Europe's third-largest carrier, will offer incentives to quit to 1,400 managers as it seeks to slash the wage bill amid an economic slowdown and higher fuel costs. Severance packages will...

British Airways earnings nosedive 90%

Business | Airlines and airports
2008-8-2

BRITISH Airways Plc plans to raise ticket prices, reduce seating and restrain fuel expenses as first-quarter profit fell 90 percent, three days after announcing merger talks with Iberia Lineas Aereas de Espana SA. ...

Carrier lifts air fares for elite flyers

Business | Airlines and airports
2008-6-23

BRITISH Airways Plc, Europe's third-biggest carrier, increased fuel surcharges by 20 percent for premium-class passengers. First and business-class passengers will pay a 133-pound (US$262) surcharge for a long-haul...

Profits take off for BA but hard times still loom

Business | Airlines and airports
2008-5-17

BRITISH Airways Plc doubled full-year profit on higher trans-Atlantic business travel and said it may cut routes as record fuel prices and slowing economies threaten earnings growth. British Airways, Europe's...

More terminal chaos for British Airways

Business | Airlines and airports
2008-4-2

BRITISH Airways Plc canceled 50 flights at London Heathrow airport's new Terminal 5 yesterday and brought in United States courier firm FedEx Corp to help reunite passengers with about 20,000 delayed bags. The...

BA cancels 37 flights during chaotic launch of Terminal 5

Business | Airlines and airports
2008-3-31

BRITISH Airways Plc canceled 37 flights yesterday and has yet to clear a backlog of about 15,000 pieces of luggage after disruptions at London Heathrow airport's new Terminal 5 spilled into a fourth day. The carrier...

British Airways predicts bumpy profit landing

Business | Airlines and airports
2008-3-7

BRITISH Airways Plc, Europe's third biggest airline, said its profit margin will fall in the coming fiscal year because of record fuel costs and a slowing economy. British Airways declined as much as 4.2 percent...