Thousands of BA staff go back on furlough June 10, 2021 Thousands of British Airways (BA) staff are being put back onto the furlough scheme as the wait for a meaningful return of international travel continues. With 17 May as the date the government had set for the restart of travel, the carrier had begun to bring back workers in preparation for the summer season. But [...]
BlackRock takes over £21bn of BA pension scheme assets June 2, 2021 British Airways has handed the management of £21bn worth of pension assets to Blackrock in a bespoke deal between the airline and the asset manager. The agreement encompasses the assets directly under management for BA’s Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS), which serve 85,000 members and until now have been managed [...]
New York-London travel bubble vital for JetBlue: Its CEO is certain US will get on UK green list May 20, 2021 New York-London travel bubble vital for JetBlue: Its CEO is certain US will get on UK green list
BA boss demands US go on travel green list as Hancock warns Brits off Spain holidays May 18, 2021 BA boss demands US go on travel green list as Hancock warns Brits not to holiday in Spain and France
Booking.com CEO: Business travel will never recover to pre-Covid levels May 13, 2021 The lucrative business travel market, which sees suited and booted executives fly between London, New York, Frankfurt and beyond and bolsters bottom lines at airlines and hotels globally, will never fully recover from Covid.
Analysts warn British Airways’ fortunes are tied to lucrative London to New York route May 7, 2021 British Airways owner IAG today said it is “ready to fly” but is pinning its hopes on urgent government action after tumbling to a €1.1bn loss in the first quarter. IAG’s fate lies heavily in the hands of reopening the profitable London to New York business travel market, according to analysts. Passenger capacity for the [...]
British Airways owner IAG posts €1.1bn loss as passengers remain grounded May 7, 2021 British Airways owner IAG today reported an operating loss of more than €1.1bn for the first quarter as the pandemic kept passenger numbers low. Passenger capacity for the first three months of the year was 19.6 per cent of 2019 due to government restrictions and quarantine requirements. IAG hopes to push passenger numbers up to [...]
BA pilots hail ‘incredible and emotional’ medical aid flight to India May 5, 2021 The British Airways pilots flying an aircraft packed with 27 tonnes of medical aid to India have hailed the hard work that has gone into getting the flight off the ground. The airline said the load included hundreds of oxygen cylinders, plus respirators, blood oxygen saturation monitors and care packages. A total of 1,349 items [...]
Former British Airways boss Alex Cruz ‘in the running for top job’ at Nordic airline SAS April 5, 2021 Former British Airways boss Alex Cruz 'in the running for top job' at Nordic airline SAS
British Airways considers selling its Heathrow HQ in homeworking shift March 19, 2021 British Airways said it was considering selling its headquarters as a switch to homeworking during the pandemic means it may no longer need so much office space. The potential sale of the building, first reported by the Financial Times, could boost the airline’s finances which have been hammered throughout the last year. The BA complex, [...]