Airlines
Airline stocks have been riding a strong wave in recent months, fueled by the recovery of global trade, growing jobs market, and improved GDP rates. Despite some fluctuations, the sector benchmark, the NYSE Arca Airline Index, is poised to end the first quarter of the year with significant gains. The
Airlines
Airline and union leaders are at odds over the impact of the cabin crew walkout, with British Airways claiming to be coping better than last week's three-day strike, despite over 135 outbound cancellations at Heathrow. Prime Minister Gordon Brown has been criticized for "weakness" over the
Airlines
Thousands of passengers in Bahrain face disruption after British Airways cabin crew began their second wave of strikes yesterday, causing the cancellation of all services between Bahrain and Heathrow until Tuesday. Freight flights will continue, and people booked on flights will be offered refunds, rebooking onto other airlines, or rescheduling
Airlines
Air passengers faced four days of travel disruption due to a bitter dispute between British Airways and its cabin crew, who began a strike on March 27th. The airline estimated that it would fly more than 75% of its customers during the strike period, handling over 180,000 out of
Airlines
Thousands of air and rail passengers faced travel chaos today as a strike by British Airways cabin crew and rail signal workers threatened to disrupt flights and train services nationwide. The collapse of talks between British Airways' chief executive Willie Walsh and Unite's joint leader Tony Woodley
Prime ministers
British Airways CEO Willie Walsh is confronting a three-day cabin crew walkout and a subsequent four-day strike, sparked by the airline's decision to remove one cabin crew member from all flights in November. The dispute over the cost-saving measure, valued at £60 million, has left Walsh standing firm
Airlines
Despite the looming cabin crew strike, British Airways has pledged to operate at 60% capacity, with plans to fly around 30,000 passengers per day, using a volunteer workforce of 1,000 cabin crew and 22 hired jets. The airline has also offered full refunds to passengers booked to travel
Prime ministers
Gordon Brown, the prime minister, has become personally involved in the British Airways dispute in an attempt to avert a walkout by 12,000 cabin crew next weekend. The intervention comes as relations between the airline and the Unite trade union, which represents the cabin crew, have deteriorated. The dispute
Airlines
Virgin Atlantic founder Sir Richard Branson has denounced British Airways' concessions to the European Commission over its proposed tie-up with American Airlines as "woefully inadequate". The concessions, aimed at addressing monopoly concerns, include offering to lease out four daily pairs of take-off and landing slots between the
Airlines
British Airways, Iberia, and American Airlines have agreed to lease four daily slot pairs on transatlantic routes from London to facilitate the European Commission's investigation into their joint business proposal. The carriers will offer two daily pairs from London Heathrow or Gatwick to Boston, one daily pair from
Airlines
British Airways' ambitious plan to build an eco-friendly jet fuel plant by 2014 has been hailed as a groundbreaking step forward by sustainability experts in the Tees Valley region. The East London plant, commissioned by US renewable energy firm Solena, will convert food and industrial bio-waste into enough jet
Airlines
American Airlines Chairman and CEO Gerard Arpey has publicly thanked thousands of employees who expressed support for the company's application for trans-Atlantic antitrust immunity. The company is also grateful to the Transport Workers Union of America, the Association of Professional Flight Attendants, and other unions representing more than
