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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Tag Archives: british airways
New Concerns about the OneWorld Alliance
New concerns appeared about the planned alliance between American Airlines, British Airways and Spain’s Iberia as all three carriers suffered losses this year.The International Air Transport Association forecasted that the overall loss of the airline industry would be $11bn in 2009.
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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.
Business Flights – New British Airways Service
British Airways launched on Tuesday a new business-class-only flight from London to New York, during the biggest airline traffic decrease in years. Willie Walsh, a chief executive of BA, positively expressed his thoughts about new induction of business-only service from London to New York on Tuesday.
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British Airways becomes a budget airline
Those flying with British Airways will have to pay if they want a particular seat on their flight, representatives of the airline declared. The charges for a seat will affect those people looking to sit near the window or near the aisle, those wanting to sit together or on seats next to emergency exits.
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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.