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Spanish airline Iberia SA, poised to merge with British Airways PLC, reported Friday a loss of euro16.4 million ($24.5 million) in the third quarter, compared to a profit of euro30.4 million a year earlier, as the economic crisis sapped demand for air travel.
Iberia and British Airways have approved an agreement establishing the basis for a merger, the Spanish carrier said late Thursday.
British Airways PLC and Spain's Iberia SA talked up the benefits of a proposed $7 billion merger on Friday, dismissing criticisms that the deal could increase fares, reduce competition and drag down service standards at Britain's flagship carrier.
British Airways PLC on Friday reported a net loss of 208 million pounds ($346 million) in the six months ending in September as the global economic downturn continued to take its toll on revenues.
The Unite union said Monday it will announce the results of a planned ballot of British Airways PLC cabin crew for strike action in mid-December, raising the prospect of a walkout over the busy Christmas period.
Six people fainted on board a British Airways flight from Newark Liberty Airport to London's Heathrow Saturday, prompting emergency crews to check the plane for hazardous materials.
The union representing flight attendants at American Airlines is supporting the company's bid to win antitrust immunity and work more closely with British Airways and Iberia.
The pilots' union at American Airlines said Friday it opposed antitrust immunity for the carrier's proposed joint venture with British Airways and Iberia.
British Airways PLC says it is shedding 1,000 fulltime jobs and putting 3,000 more employees on part-time work and reducing size of cabin crews at Heathrow in an effort to get the troubled airline's finances back in order.
British Airways is launching its pricey new business class service between London and New York.
As demand for premium class air travel is steadily whittled away by the global recession, British Airways PLC is leading moves among European flagship carriers to strip out costly services like onboard meals that had previously distinguished them from budget airlines.
Federal regulators propose requiring modifications to the engines of some Boeing 777 jets to prevent ice from forming in fuel lines during long flights, a problem blamed for the crash of a British Airways plane last year.
Hard-pressed British Airways said Friday it plans to raise 600 million pounds ($980 million) to see it through the recession and financial losses, which it estimated at 100 million pounds for the three months through June.
British Airways is flying a team of engineers from London to Phoenix to inspect a Boeing 747 that filled with smoke before takeoff, forcing hundreds of passengers to escape on the plane's emergency slides.
British Airways PLC announced Friday it will ground aircraft, slash seat numbers and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in passengers.
British Airways on Friday reported its biggest full-year loss since the former national airline was privatized in 1987, mainly due to soaring fuel costs and weaker demand in recent months.
American Airlines said Tuesday that dozens of politicians from Congress to city halls back its request to work more closely with British Airways on trans-Atlantic flights.
Despite a series of personal setbacks, including and , Madonna still has one thing going her way — her romance with model Jesus Luz. According to the , even that was in jeopardy until the queen of pop’s fashion friends came to the rescue.
Flights resumed but delays plagued London City Airport on Saturday, a day after 71 people escaped serious injury when their plane's front wheel gear collapsed upon landing.
British Airways said Friday it swung to a net loss of 127 million pounds ($186 million) for the nine months ending Dec. 31, as fewer passengers boarded its planes amid the economic crisis and fuel costs soared.
Shares in British Airways PLC slid over 8 percent Monday after the company warned that it would likely post an operating loss of 150 million pounds ($207 million) for its full fiscal year ending in March amid tough trading conditions and the fall in the British pound.
British Airways PLC said Tuesday that passenger traffic fell 3.4 percent in December compared with a year earlier as the global economic crisis deepened.
British Airways PLC and Qantas Airways Ltd. called off their merger talks Thursday after failing to agree on the terms of a potential deal. The move left the British airline free to pursue other agreements with European carriers as the industry braces for a significant slowdown.
Qantas Airways Ltd. shares rose in early trading Friday after the airline and British Airways announced that they had been unable to agree on terms of a proposed merger that aimed to help them fend off an industry downturn.
BA Christmas strike threat increasesThe threat of British Airways being hit by a Christmas strike has increased with the Unite trade union paving the way for walkout during one of the busiest weeks of the year.
Long-haul passenger sues over broken seatA SYDNEY man is suing British Airways for up to $600,000 after he was forced to endure a long-haul flight from London to Shanghai in a broken seat, a court has heard.
British Airways adds a "fly next to your children" feeNext time I'm taking a boat
Antitrust Chief Hits Resistance in CrackdownPresident Obama's top antitrust official and some senior Democratic lawmakers are preparing to rein in a host of major industries, including airline and railroad giants, moving so aggressively that they are finding some resistance from officials within the administration.
Passengers flee 747 after smoke fills cabinHundreds of passengers aboard a British Airways Boeing 747 preparing to depart for London from the Phoenix airport were forced to use slides to evacuate the jet on Friday after fumes filled the cabin.
BA asks staff to work for freeBritish Airways (BA) is asking thousands of staff to work for nothing for up to one month to help the airline survive.
British Airways Asks Its Staff To Work For Nothing For A Month To Save Money During The RecessionBritish Airways is asking its 40,000 staff to work for nothing.
British Airways asks staff to work for free British Airways has asked its 40,000 staff to work without pay for up to a month as the ailing airline seeks to cut costs.
The CEO took a paycut, but, forgot to tell the wifeBritish Airways Plc Chief Executive Willie Walsh is showing solidarity with his staff in planning to work without pay next month as part of cost cuts, but the move may not have gone down so well with his wife.
There is so much to take into account when we use an airline, especially when funds are low and we want the best deal. Often it is difficult to choose between airlines because their basic concern is about money and so passengers are shoved in like sardines.
British Airways ditch first class in new planes as age of austerity bites Business class passengers famously draw envious glances from the herd in economy by turning left when they enter a plane, but it is the first class ticket holders who are the most pampered.
British Airways to start daily non-stop service to Las Vegas from London HeathrowBritish Airways, an airline that annually flies 36 million passengers and has flights connecting six continents, will begin daily service between London's Heathrow International Airport and Las Vegas this fall.
Tats discrimination! Good Charlotte's Joel Madden laughs off British Airways tattoo incidentGood Charlotte frontman Joel Madden is having the last laugh over a British Airways employee who made him cover up his tattoos before boarding a flight.
Class ACtion Lawsuit Against British Airways GreenlitA judge just ruled that a consumer class-action lawsuit against British Airways can proceed. Good thing, too.
Microwaves 'improve fog landings' Passengers flying into Heathrow in fog or poor visibility will be guided in using a new microwave-based system. The existing Instrument Landing System (ILS) is susceptible to interference, meaning aircraft had to be spaced further apart on their final approach.
Nothing builds a team like a nosedive - Times OnlineFORGET playing paintball. Companies are sending staff to experience a plane crash in simulators run by British Airways as the ultimate team-building exercise.
BA and Qantas merger talks collapseBritish Airways (BA) confirmed this morning that talks over a merger with Qantas Airways, the Australian national carrier, had ended, with neither side able to agree over key terms.
Merger blessing: offer to lift Qantas shackles | smh.com.auScott Rochfort and Yuko Narushima say the Rudd Government has given its first blessing for Qantas to pursue a merger with another global airline in a green paper that proposes a relaxation of foreign ownership restrictions over the Australian flag carrier.
BA flight makes emergency landingBritish Airways flight has made an emergency landing at a German airport after a problem with its in-flight entertainment system.
Airline ignored wheelchair requests, ordered senior to walk, family allegesA Calgary family says they were discriminated against when British Airways denied them wheelchairs to help them board a flight.
Air travel: BA-AA alliance attracts flak from BransonThe UK's largest airline, British Airways (BA), yesterday announced plans for a transatlantic tie-up between it, American Airlines (AA) and Spanish airline, Iberia.
American and British Airways Plan an AllianceAmerican Airlines, British Airways and Iberia Airlines said Thursday that they had signed a joint business agreement for flights between the United States and Europe.
Airlines cut weight everywhere as fuel costs biteAirlines are reportedly looking at drastic measures to reduce the impact of high oil prices on their profits.
Office of Fair Trading to charge British Airways executives with price-fixingFour former and current bosses of airline British Airways could face criminal prosecution for price-fixing after they allegedly conspired with their counterparts at Virgin Atlantic to fix the price of fuel surcharges on long-haul flights.
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