British Airways News

BA May Passenger Numbers Down 6.5 Percent

June 4, 2009

British Airways carried 6.5 percent fewer passengers in May than in the same month last year, while business class traffic took another battering with a 17.2 percent decline.
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Iberia Can Still Merge With Air France, Lufthansa

June 4, 2009

Iberia has not ruled out a merger with Air France or Lufthansa in place of current suitor British Airways, its finance director said on Wednesday as the airline offered more proof of a "spectacular" fall in business.
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Iberia Says BA Pension Burden Important To Merger

June 3, 2009

Iberia and British Airways have no pre-determined deadline to complete merger talks, the Spanish carrier said on Wednesday, but added it was closely watching what burden BA's pension fund would impose as part of the merger process.
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BA Facing "Fight For Survival" - CEO

June 2, 2009

British Airways is facing a "fight for survival," its chief executive Willie Walsh said in an article in the airline's staff newspaper.
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Moody's Cuts British Airways' Rating

May 28, 2009

Moody's Investors Service on Thursday cut its rating on British Airways deeper into junk territory, citing weaker profits caused by higher fuel costs and lower demand.
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BA CEO To Work Without Pay In July

May 22, 2009

British Airways chief executive Willie Walsh will work without pay in July as part of a cost-cutting drive that has seen 2,500 staff leave the airline in the past year.
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British Airways Slumps To Record Annual Loss

May 22, 2009

British Airways slumped to a record loss, nearly doubled its debt pile and abandoned its dividend, adding the tough conditions made it impossible to give any guidance for the current period.
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BA/American Link Would Be Monopoly - Branson

May 15, 2009

A proposed alliance between American Airlines and British Airways would create a "monster monopoly," British entrepreneur Richard Branson said on Thursday.
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Spain's PM Offers To Waive Airport Fees For Airlines

May 14, 2009

Spain's prime minister on Wednesday proposed EUR240 million euros (USD$327.6 million) a year in support to airlines, the latest in a flood of initiatives to combat the country's worst recession in 60 years.
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Iberia Sees 2010 Profit, BA Tie-Up Not Urgent

May 12, 2009

Iberia should return to profitability next year, but management is so preoccupied with the worst downturn in memory that merger talks with British Airways are on the back burner, its bosses said on Tuesday.
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