Heathrow ‘open and fully operational’ after disruption caused by power outage March 22, 2025 Heathrow Airport said it is “open and fully operational” on Saturday after the airport was shut over a loss of power caused by a substation fire. Flights resumed at the west London airport on Friday evening and restrictions on overnight flights were temporarily lifted following hours of closure, after a blaze knocked out an electricity [...]
Heathrow: Business travel groups join calls for change March 10, 2025 Representatives of the business travel and global tourism industry have joined calls for Heathrow Airport to alter its regulatory model ahead of any expansion. The Business Travel Association (BTA), The Advantage Travel Partnership and World Travel and Tourism Council (WTTC) on Monday announced their support for change at the UK’s busiest hub, adding to a [...]
IAG: Pay for British Airways owner’s CEO takes off after FTSE 100 success March 5, 2025 The chief executive of British Airways owner IAG has received a huge pay rise after its shares surged on the FTSE 100 over the last year. Luis Gallego has been handed a pay packet of £4.6m for the group’s latest financial year, up from the £3.1m he received for 2023. The latest figure also compares [...]
IAG: British Airways owner beats expectations as profit hits record £3.6bn February 28, 2025 British Airways owner IAG beat expectations in its full-year results as strong travel demand in the post-pandemic era continued through 2024. The airline conglomerate reported a record operating profit of €4.3bn (£3.6bn), up 22 per cent year-on-year and ahead of the €3.7bn analysts had forecast. Revenue also came in ahead of expectations, rising nine per [...]
Ex-British Airways cabin crew employment case takes off February 26, 2025 A group of ex-legacy cabin crew of British Airways are suing the airline for more than £500m over alleged unfair dismissal during the pandemic
Buy IAG and sell Wizz Air says broker as British Airways takes off January 6, 2025 Analysts have backed British Airways owner International Consolidated Airlines Group (IAG) while warning investors away from budget airline Wizz Air in 2025. Panmure Liberum analysts picked IAG shares as their ‘most preferred’ stock within transport, with a target price of 500p compared to its current 287p share price. IAG was the best performing FTSE 100 [...]
British Airways succeeds Jaguar in public spotlight after rewards changes January 2, 2025 British Airways has become the latest household name to incur the wrath of a high-profile public backlash in the wake of its decision to significantly change its rewards scheme for loyal customers. The airline revealed earlier this week that it was changing its tiering system for rewards to be based on spend and upped how [...]
IAG shares: Ambitious British Airways will deliver, say analysts December 23, 2024 Analysts are backing British Airways for a bumper 2025 as the UK's flag carrier pushes ahead with a £7bn transformation plan.
Heathrow Airport to cap off year in record style December 11, 2024 Heathrow said it served 6.5m passengers in November and on Wednesday forecast December would also be a record breaker.
Keep airlines’ record $1trn revenue in perspective, says former British Airways chief December 10, 2024 The global airline industry is expected to make $1trn (£783.7bn) in revenue for the first time in its history next year, as passenger demand continues to break records in the post-Covid era. The International Air Transport Association (IATA) on Tuesday forecast annual traffic would reach another all-time high of around 5bn, despite supply chain issues [...]