British Airways Plc.

british airways plc. - All News and Analysis

• BA Orders New Fleet For London City Routes

  ReutersUK - 2008-12-21

  LONDON (Reuters UK) - British Airways BAY has ordered 11 Embraer (EMBR3) aircraft to replace the current short-haul CityFlyer fleet operating out of London's City airport, the airline said on Monday.The order includes options for three more aircraft and the whole deal is worth 376 million pounds at current list...

  Tags: British Airways Plc., Aircraft, London, Aerospace & Defense, Manufacturing, Oukbs

• BA Orders 11 New Embraer Aircraft

  ReutersUK - 2008-12-21

  LONDON (Reuters UK) - British Airways said on Monday it had placed firm orders for a fleet of 11 new generation fuel efficient aircraft* To take delivery of the first of its new Embraer aircraft from September 2009.

  Tags: Aerospace & Defense, Ba, Brief, British Airways Plc., Manufacturing, Oukbs

• BA Says to Reschedule Flights to Nigeria's Lagos

  ReutersUK - 2008-12-21

  ABUJA (Reuters UK) - British Airways said on Sunday it will reschedule its London flights to arrive earlier in Nigeria's commercial city Lagos beginning January 1, after the aviation ministry threatened to ground its operations.New Aviation Minister Babatunde Omotoba earlier this week warned the British carrier that its operations would...

  Tags: British Airways Plc., London, BA, Financial Accounting, Finance, Lagos, Oukbs

• U.S. Seeks More Detail From BA and American on Tie-up

  ReutersUK - 2008-12-20

  WASHINGTON (Reuters UK) - The U.S. government has asked American Airlines, British Airways and Spain's Iberia to supply new information about the potential impact of their proposed alliance on competition.In an order on Friday, the Transportation Department sought more information on the airlines' plans for a limited tie-up, especially as...

  Tags: American Airlines, British Airways Plc., Antitrust, Corporate Law, Security, AMR Corp., Antitrust Immunity, Qantas Airways Ltd.

• U.S. Seeks More Detail From American/BA on Tie-up

  Reuters - 2008-12-20

  WASHINGTON (Reuters) - The U.S. government has asked American Airlines, British Airways Plc and Spain's Iberia to supply new information about the potential impact of their proposed alliance on competition.In an order on Friday, the Transportation Department sought more information on the airlines' plans for a limited tie-up, especially as...

  Tags: American Airlines, British Airways Plc., Antitrust, Corporate Law, Security, AMR Corp., Antitrust Immunity, Qantas Airways Ltd.

• Qantas, BA Say No Merger as Talks End

  AAP - 2008-12-19

  British Airways PLC and Qantas Airways Ltd called off their merger talks 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.In statements to the London...

  Tags: British Airways Plc., Merger, Qantas Airways Ltd., Carrier, Walsh, Mergers & Acquisitions, Investment, Finance, AP

• Qantas and British Airways Merger Talks Grounded

  Reuters - 2008-12-18

  By Mark Bendeich and John BowkerSYDNEY/LONDON (Reuters) - Australia's Qantas Airways QAN and British Airways BAY called off talks for a $6.4 billion merger, leaving the British carrier to consider other combinations with European peers as the sector grapples with falling demand and volatile fuel prices.Qantas and BA announced the...

  Tags: British Airways Plc., Merger, Qantas Airways Ltd., Iberia, Mergers & Acquisitions, AMR Corp., BA, Singapore Airlines

• Travel Roundup: Versace Mansion Opens, Sandals Cuts 650 Workers, Virgin & British Airways Drop Fees and More

  BNET - 2008-12-17

  Versace mansion opens to the public as hotel and restaurant -- The Miami Beach home of murdered fashion designer Gianni Versace has been opened as a restaurant and hotel with suites starting at $1,200 a night. The 26,000-square-foot home, known as Casa Casuarina, has been owned by businessman Peter Loftin since 2000. Loftin...

  Tags: British Airways Plc., Worker, Versace Mansion, Barbara E. Hernandez

• British Airways Open to Alitalia Alliance

  ReutersUK - 2008-12-16

  MILAN (Reuters UK) - British Airways is open to a commercial alliance with a revamped Alitalia, British Airways Chief Executive Willie Walsh said in comments published on Tuesday.He did not exclude a commercial accord eventually leading to a wider agreement, including a possible stake in the Italian carrier, business daily...

  Tags: British Airways Plc., Oukbs

• British Airways Looks to Merge With Qantas

  BNET - 2008-12-02

  BA's shares received a boost on news that it is considering a merger with Australia's Qantas, while it tries to ringfence potential tie-ups with Spain's Iberia and American Airlines. The merged entity, if it goes ahead, would have a dual listing structure. Why it makes sense: ...

  Tags: British Airways Plc., Merger, Australia, Qantas Airways Ltd., BA, Mergers & Acquisitions, Investment, Finance, Joanna Higgins

• Short Interest: Up in Iberia, Down in British Airways

  Seeking Alpha - 2008-11-03

  Jessica Johnson submits: Short positions in British Airways (BAIRY.PK) increased significantly over the summer, with the percentage of the airline's Shares Outstanding on loan (%SOOL) increasing from 5% in April to 20% in July. As you can see from the graph below, short investors came to the trade fairly...

  Tags: British Airways Plc., Position, Seeking Alpha, Jessica Johnson, Financial Accounting, Finance, Transport

• Former British Airways executive to plead guilty to price-fixing charges

  - 2008-10-01

  AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD The US Department of Justice has reported that a British citizen and former British Airways World Cargo executive will be pleading guilty to participating in a conspiracy to fix international air cargo shipment rates. The former executive will serve eight months in...

  Tags: British Airways Plc., cargo, Strategy, U.S. Department of Justice

• Boeing announces solution for British Airways fleet of 777s

  - 2008-09-24

  AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Boeing (NYSE:BA) has announced that it will be providing a Performance Improvement Package for British Airways' fleet of 42 Boeing 777s. According to Boeing, the package will result in a fuel efficiency gain of 1%, with resulting emission reductions. The 777...

  Tags: Boeing Co., British Airways Plc., Manufacturing

• EU to examine planned alliance between British Airways and American Airlines

  - 2008-08-29

  AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD The European Commission is to investigate whether a joint business agreement between British Airways, American Airlines and Spain's Iberia is allowable under European Union competition rules. The airlines are hoping to be granted worldwide antitrust immunity for their plan to cooperate on...

  Tags: alliance, American Airlines, British Airways Plc., FINANCE, Investment

• EU probes BA, American Airlines, Iberia transatlantic pact

  - 2008-08-29

  BRUSSELS AFP — The European Commission launched an anti-trust probe on Friday into a recent agreement between American Airlines, British Airways and Iberia to cooperate on transatlantic flights. "The commission has opened an own-initiative investigation under EU antitrust rules into the intended cooperation agreement between BA, Iberia and AA,"...

  Tags: Agence France-Presse, agreement, American Airlines, antitrust, British Airways Plc., European Commission

• Virgin thanks Terminal 5 chaos for jump in business class traffic

  - 2008-08-27

  Virgin Atlantic - already trading warm words over British Airways' proposed alliance with American Airlines - added fuel to the fire yesterday by ascribing its booming business class sales to the chaotic opening of BA's new Heathrow terminal. Virgin Atlantic's annual financial results for the year to February...

  Tags: American Airlines, British Airways Plc., Government, Regulations, SALES, Virgin Atlantic

• American and British Airways Apply for Antitrust Immunity

  BNET - 2008-08-15

  Welcome to the 21st century, oneworld. In an age where alliances continue to grow tighter and tighter, BA and American are now trying to play catch up by applying for antitrust immunity. They've tried this before and failed miserably, but will things be different this time? I'd...

  Tags: British Airways Plc., Antitrust, Slot, American, Corporate Law, Security, Business Operations, Brett Snyder

• Global airlines in transatlantic flights tie-up amid soaring fuel costs

  - 2008-08-14

  LONDON AFP — American Airlines, British Airways and Iberia of Spain said Thursday they had signed an agreement to cooperate over flights between North America and Europe to help them overcome soaring fuel costs. "The joint business agreement will enable the airlines to reduce costs and attract new customers,...

  Tags: agreement, American Airlines, British Airways Plc.

• American Airlines, European carriers in transatlantic flights tie-up

  - 2008-08-14

  LONDON AFP — American Airlines, British Airways and Iberia of Spain said Thursday they had signed a commercial agreement to cooperate over flights between North America and Europe to help overcome soaring fuel costs. The three-way deal also comes as airlines worldwide seek to take advantage of the newly...

  Tags: agreement, alliance, American Airlines, antitrust, British Airways Plc., carrier, Strategy

• Iberia profits dive on high fuel costs

  - 2008-08-05

  MADRID AFP — Spanish flag carrier Iberia, which is in merger talks with British Airways, reported on Tuesday that net earnings plunged by 66 percent in the second quarter, burdened by high fuel costs. It said net profits were 21.18 million euros (32.81 million dollars), down from 62.6 million...

  Tags: Agence France-Presse, aircraft, British Airways Plc., earnings, FINANCE, Investment, Manufacturing, merger