Virgin Atlantic owner, Sir Richard Branson, has said that he will consult with regulators about British Airways’ decision to purchase six landing and take-off slots from troubled BMI at Heathrow. BA is already holds more slots than any other airline at the London hub by far. According to a statement made by Virgin, Sir Richard […]
Budget carrier easyJet has said that an increase in demand from business travellers has helped it to reassess its profits forecast. The airline said it now expected annual profits of between £240 and £250 million. Easyjet’s previous prediction, which was made in July, was for profits totalling between £200 and £230 million. The airline has […]
British Airways has done a deal with BMI for an undisclosed amount to acquire six of the troubled airline’s valuable landing- and take-off slots at Heathrow Airport. The agreement means that IAG, parent of the UK flag carrier, now commands 45 per cent of the capacity at the London hub. In a short statement, BA […]
A new report commissioned by the company which operates Heathrow suggests that the airport is falling behind other European hubs when it comes to connecting directly with cities across the emerging markets. According to chief executive of BAA, Colin Matthews, the annual cost to the UK for its lack of direct connections already stands at […]
British Airways is hoping to put the troubles of the last few years behind it by launching a new ad campaign. The airline has used members of staff to illustrate its virtues and show that the long-running dispute between the carrier and its cabin crew is well and truly over. A television commercial will air […]
British Airways is to look to planemakers Boeing and Airbus for replacements for its fleet of 747 jumbos. The flag carrier has 55 of the older aircraft, the largest number of any airline on the planet. According to Alexander Grant, fleet manager for BA, the carrier will be comparing the merits of the wide-body Airbus […]
According to airline industry experts, Emirates Airlines is likely to operate more wide-body aircraft than any of its competitors by 2015. Emirates is already the largest carrier on the planet in terms of international traffic. A report by Boston Consulting Group predicts that the Middle Eastern behemoth will continue to expand over the next few […]
A long-running battle over holiday pay between British Airways and its pilots could be at an end after a European court rules in favour of the employees. The European Court of Justice ruled that pilots’ holiday pay should be in line with total pay packages, including allowances, and not just basic pay. Calculations made by […]
American car rental giant Avis has decided to pull out of the race to acquire budget rival Dollar Thrifty. According to the company it has withdrawn its $1.6 billion bid because the market conditions are unfavourable at the present time. Hertz Global is now the favourite to take over the firm. Industry consultant, Neil Abrams, […]
As German flag carrier Lufthansa looks at ways of disposing of BMI, Emirates confirms that it is not interested in acquiring the loss maker. A spokesman for the Middle Eastern giant said that although Emirates is looking to continue expanding, it is not currently looking to do so by purchasing another carrier. Etihad, also rumoured […]
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