BA ups longhaul fuel surcharge April 5, 2011 British Airways will raise its fuel surcharge on longhaul flights as the high price of oil further squeezes European consumers. BA will add £10 to the cost of an economy flight and £20 to a premium ticket. The airline, which formed the International Airlines Group when it merged with Spain’s Iberia last year, raised its [...]
CITY MOVES | WHO’S SWITCHING JOBS April 4, 2011 Stamford Associates The investment consultant has appointed Sir Mark Weinberg as senior adviser, with the aim of expanding Stamford Associates’ investment strengths and expanding its pool of institutional investors. As the founder of life insurance provider Abbey Life, Weinberg will bring 40 years’ business and investment experience to the firm. He is also the chairman [...]
Desert dreaming: a second home in the sun March 31, 2011 BUSTLING markets, scorching heat, exotic dress and fantastic food. It is hard to believe that the almost otherworldliness of Marrakesh is just three and 35 minutes away from London. Charl Ackerman, a London-based property developer with Aylesford International, uses his home in Marrakesh like many do their country home: “I often fly out on weekends. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 29, 2011 FINANCIAL TIMES NETWORK RAIL AIMS TO TAKE TRACTION OUT OF BONUS ISSUE Network Rail will seek to allay long-standing concerns about its executive bonuses by putting a new system to the vote of its 100 members tomorrow. But the scheme, intended to provide a longer term solution to the issue, has been criticised by the [...]
Why jet-setting employees are a legal headache March 29, 2011 SUPPOSE an employee – let’s call her Snow White – works in Paris but lives in London. How much “home” or “train” work does White need to do to be covered by English laws? In the recent case of British Airways v Mak, the Court of Appeal decided that English tribunals have jurisdiction to hear [...]
BA faces fresh strikes March 28, 2011 BRITISH AIRWAYS cabin crew yesterday voted in favour of taking fresh strike action in a dispute that has so far cost the airline more than £150m. The Unite union, which represents 90 per cent of BA’s 12,000 cabin crew, said more than four-fifths of the 6,981 staff who returned valid voting papers voted in favour [...]
EasyJet bets sales on business travellers March 28, 2011 EASYJET will target business customers to boost sales, according to chief executive Carolyn McCall. The second largest budget airline in Europe is testing a Flexifare system, which offers business travellers preferential boarding, free hold luggage and the ability to change planes just two hours before flight time. “We have been testing this since November and [...]
BA could face Easter walk-out March 27, 2011 British Airways could face yet more staff strikes, with the result of the latest ballot due out later today. Workers represented by Unite voted again on whether to organise a staff walk-out, with members expected to overwhelmingly back the action. The ballot raises the possibility of a fresh wave of strikes over the Easter break [...]
Report slams BAA delays March 24, 2011 HEATHROW operator BAA said it plans to invest £50m on revising its snow plans after an independent report into the winter travel chaos yesterday found that a lack of preparation, equipment and communication caused most of the disruption. The report by BAA non-executive David Begg said the firm’s slow response to the snowy weather must [...]
BAA to spend £50m to tackle snow March 24, 2011 Airports operator BAA said it would invest £50M in better winter defences after a report criticised its response to the snow-induced chaos at London’s Heathrow airport last year. An inquiry into BAA’s handling of last year’s big freeze, which closed runways in the week before Christmas, said BAA had to prove it can keep Heathrow [...]