British Airways faces record losses

As the downturn in business travel continues, British Airways announces record losses and estimates it will need more time to recover that previously expected. The company is set to face a 252 million pound pre-tax loss for the first half of the 2009, making this the second consecutive year without any recorded profit.
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The New Transatlantic Alliance Could Affect Competition

The European Commission has sent an official statement of objections against anti-competitive alliance of British Airways and American Airlines. Virgin Atlantic completely supported the European Commission as it realizes that the alliance creation will negatively influence on time-sensitive passengers on many transatlantic routes. Continue reading

EU regulators object to airline tie-up plans

European Union regulators warned British Airways, American Airlines and Iberia Airlines that their plans to share their lucrative trans-Atlantic rules may break antitrust rules. According to the EU, a formal charge was sent to each of the airlines, saying their cooperation may go against the rule that forbids companies engaging in partnerships that shut out rivals.

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Ryanair charges more for food & drinks than its rivals

It may be a low-cost airline, but Ryanair has the highest prices for on-board food or drinks as compared to other major airlines in Britain or Ireland, a survey conducted by Nowfly shows. It has been revealed that the Dublin-based company charges as much as 50% more for a bottle of mine, 35% more for a cup of coffee or tea and 30% more for its sandwiches than rival airlines such as bmi, Flybe, Monarch Airlines, and easyJet.

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