Aviation recovery on its way, BA’s owner assures November 23, 2021 Luis Gallego, chief executive of British Airways’ (BA) owner IAG, is convinced aviation recovery will get back to pre-pandemic levels by 2023, as a result of the easing of air travel restrictions and the opening of transatlantic travel. Speaking yesterday at the Airlines UK conference in Westminster, Gallego revealed that “transatlantic bookings have reached almost [...]
BA’s owner IAG could face investigation over Air Europa’s takeover November 22, 2021 British Airways’s owner IAG could face a formal investigation by the UK Competition and Markets Authority (CMA) over the proposed takeover of Spanish carrier Air Europa. The watchdog announced today that it is “considering whether this transaction, if carried into effect, will result in the creation of a relevant merger situation” that could lead to [...]
British Airways threatens to cut Heathrow flights if recovery-undermining airport charges don’t come down November 22, 2021 The boss of British Airways’ parent company warned today that the airline will cut Heathrow flights if proposed increases in charges are implemented, IAG chief executive Luis Gallego said the west London airport’s fees are already among the highest in the world and are becoming “more and more expensive”. In October, the Civil Aviation Authority [...]
BA to hire pilots for new Gatwick short-haul airline November 21, 2021 British Airways (BA) has started recruiting pilots for its short-haul subsidiary, which is due to operate from Gatwick airport. Applicants will need to be able to fly A320 aircraft on European routes and they will possess “excellent leadership and teamwork, decision making and communication skills.” In return, they will make up to £105,000 per year [...]
BA and American Airlines to offer business travellers free Covid tests November 17, 2021 British Airways (BA) has announced a collaboration with American Airlines and American Express to provide free Covid tests to business travellers flying between the UK and the US. “Ensuring corporate travellers have access to efficient, accurate testing is one of the key components to ramping up business travel across the trans-Atlantic corridor,” BA’s head of [...]
Heathrow lambasted by Virgin Atlantic and BA’s owner over fees November 14, 2021 British Airways’ (BA) former boss Willie Walsh alongside Luis Gallego – the chief executive of BA’s owner IAG – and Virgin Atlantic’s chief Shai Wess has lambasted Heathrow airport for its decision to increase fees. Walsh, Weiss and Gallego, writing on the Sunday Telegraph, have criticised the London hub saying it is ‘”back at its [...]
BA goes ahead with Gatwick plans following backing from unions November 9, 2021 British Airways (BA) is expected to go ahead with its plans to operate a short-haul subsidiary from Gatwick following accords with trade unions. Luis Gallego, chief executive of BA’s owner IAG, told Bloomberg Television that agreements were reached with pilots and flight attendants, leaving the company to negotiate only with ground staff – a secure enough [...]
British Airways shares in descent as it predicts 2021 Covid loss of €3bn November 5, 2021 The owner of British Airways and Iberia, IAG, reported a shrinking €2.6bn (£2.3bn) loss for the first nine months of 2021. However investors dumped IAG shares this morning after it indicated full year losses would still hit €3bn as passenger capacity has been slow to recover. Its lucrative UK-US travel corridor is due to finally [...]
British Airways agrees to £1bn committed credit facility November 1, 2021 British Airways (BA) has agreed to a five-year committed credit facility worth £1bn. The agreement – which was announced by British Airways’ owner IAG – was reached between BA, British export credit agency UK Export Finance (UKEF) and a syndicate of banks. The amount is additional to a UKEF guaranteed facility worth £2bn that was [...]
BA will drop ‘ladies and gentlemen’ to promote diversity October 10, 2021 British Airways will drop the customary ‘ladies and gentlemen’ formula from announcements to promote a more diverse and inclusive environment aboard its planes. “We celebrate diversity and inclusion and we’re committed to ensuring that all our customers feel welcome when travelling with us,” a British Airways spokesperson told the Telegraph. As reported by the paper, [...]