Airlines
British Airways staff have voted to go on strike from December 22 to January 2 over the airline's restructuring plans, affecting thousands of international travellers, particularly those planning to visit Britain during the Christmas holiday season. The strike will impact flights between Australia and Britain, as well as
Airlines
Threat of a Christmas strike at British Airways hangs in the balance as the Unite union prepares to announce the result of a crew ballot on industrial action. The dispute centers on changes to working practices, a pay freeze, and job cuts, with the union threatening a walkout that could
Airlines
A decade-long deadlock in insurance claims linked to the Exxon Valdez oil disaster and the first Gulf war is set to be broken following a landmark High Court ruling in the UK. The court has cleared the way for unlisted reinsurance company Equitas to use mathematical modeling to prove its
Airlines
Warren Buffett recently stated that the global financial panic that occurred last year is over, despite the US economy's ongoing struggles. Meanwhile, other prominent companies and leaders have shared their perspectives on market recovery and stability. [1] Disney's strong cable business results helped offset a disappointing
Airlines
Despite combined losses from Royal Bank of Scotland (RBS) and British Airways (BA) reaching £1.79 billion in the first six months of the year, investors attempted to find solace in the market. The FTSE 100 index saw a slight increase of 10.49 to 5136.13, thanks in part
Airlines
Ryanair's outspoken CEO, Michael O'Leary, has given Boeing an end-of-year deadline to finalize an order for 200 aircraft, warning that the carrier will end its relationship with the US planemaker if an agreement is not reached. This threat could lead to curbed growth, higher fares for
Airlines
Canadian authorities have accused British Airways of participating in a cartel that fixed prices on Canadian air cargo, resulting in undue reduction of competition. The airline admitted to fixing surcharges on certain international air cargo routes from Canada between April 2002 and February 2006. As part of an investigation by
Airlines
Cabin crew members at British Airways are on the verge of a strike, a move that could cause significant disruptions during the peak holiday season. Unite, the largest union representing BA staff, is set to ballot its 14,000 members on whether to take industrial action. The union's
Airlines
The International Air Transport Association (IATA) yesterday announced a global plan to cut carbon emissions by 50 per cent from 2005 levels by 2050, with improvements in carbon efficiency by an average of 1.5 per cent per year up to 2020 and stabilizing net emissions from 2020. This move
Airlines
The aviation industry will make a dramatic pledge to cut carbon dioxide emissions in half by 2050, marking a significant shift in the sector's approach to climate change. British Airways chief executive Willie Walsh will unveil an agreement between airlines, airports, and aircraft companies to reduce emissions to
Airlines
As global demand for business- and first-class seats has declined by over 26 percent from May 2008, airlines are adopting yield-management strategies to sell premium seats efficiently, similar to how they price leisure fares in the back of the plane. This shift has created opportunities for business travelers to fly
Airlines
British Airways (BA) is likely to report a substantial loss of around GBP 100 million, making it the first time since its 1987 privatization that the airline has reported a first-quarter loss. In contrast, other FTSE 100 heavy-hitters, such as oil major BP and British Gas owner Centrica, are set
