Airlines
British Airways' operating profit surged 20% to [pounds sterling]211 million in the first quarter, driven by a significant increase in business passengers and transatlantic flights. The airline's total passengers carried in the three-month period rose 4.9% to 9.6 million, with pre-tax profits soaring 57%
Airlines
Superbrands, a leading branding organization, has unveiled its first-ever consumer election results, featuring the top 500 consumer brands in the UK. Microsoft takes the top spot, followed closely by the BBC, British Airways, Mercedes-Benz, and Porsche. Marks & Spencer has made a successful comeback, taking the sixth position, while Google,
Airlines
Federal authorities have been investigating several transportation and technology companies on suspicion of price fixing and anti-competitive practices. FedEx and UPS have received federal subpoenas, while American Airlines, United Airlines, British Airways, Lufthansa, Air France-KLM, Scandinavian Airlines System, and Japan Airlines are also under scrutiny for allegedly colluding to raise
Airlines
The Airline Group, a consortium of seven UK airlines, is set to appoint a financial adviser to evaluate approaches from infrastructure investors for its 42% stake in National Air Traffic Services (Nats). This follows interest from a joint venture between Credit Suisse and General Electric, which is planning to invest
Airlines
Thousands of passengers planning to travel between the UK and Spain had their travel plans disrupted today due to a strike called by the Iberia pilots' union. The strike, which is set to last until Sunday, led to the cancellation of five Iberia flights between London and Spain, and
Airlines
Airlines have criticized Sydney and Perth airport operators for using their monopoly status to increase prices, citing instances of unjustifiable profits and abuse of market power. The Board of Airline Representatives of Australia (BARA), which represents Qantas, Virgin Blue, British Airways, Emirates, and United, among others, has submitted its views
Airlines
Amplefuture's Pocket Portal, a mobile marketing application, has secured top honors in the UK's New Media Effectiveness Awards and the 2006 Asian MobileNews Awards. This innovative application enables brands to reach consumers on their mobile phones, providing a range of interactive features such as embedded links,
Airlines
British airline bmi's founding chairman, Sir Michael Bishop, has spoken out against rival carriers involved in a potential price-fixing investigation, arguing that air fares must be set by a "free and deregulated market." The comments follow a civil and criminal investigation launched by British and US
Airlines
A potential class-action lawsuit against British Airways, Virgin Atlantic, and other unnamed airlines has been filed in the US, alleging a global conspiracy to fix prices for long-haul passenger flights. The law firm Cohen, Milstein, Hausfeld and Toll claims that the airlines have been working together to raise and maintain
Airlines
British Airways is at the centre of a growing scandal involving alleged price fixing on long-haul flights to and from the UK. The airline has suspended two senior executives after a raid on its offices by the Office of Fair Trading (OFT). The investigation, a joint effort between the OFT
Airlines
British and U.S. authorities are investigating alleged price-fixing in passenger fares and fuel surcharges by British Airways PLC and other airlines. Two senior executives, commercial director Martin George and head of communications Iain Burns, have been placed on leave while the carrier assists the Office of Fair Trading and
Airlines
BAE Systems has announced a significant £1.1 billion injection into its pension fund over the next 10 years to help eliminate the deficit, which stood at £3.1 billion at the end of 2005. The company will pay in cash and assets to address the funding gap, which is
