Airlines
Several major airlines have joined the Sustainable Aviation Fuel Users Group (SAFUG), an industry working group aimed at reducing aviation's environmental impact by developing sustainable alternatives to jet fuel. The new members include Alaska Airlines, British Airways, Cathay Pacific, TUIfly, and Virgin Blue, bringing the total number of
Airlines
Airline companies and industry leaders are joining forces to accelerate the development of sustainable aviation fuels (SAF) as a replacement for fossil fuels. The Sustainable Aviation Fuel Users Group (SAFUG) has welcomed new members, including Alaska Airlines, British Airways, Cathay Pacific, and Virgin Blue, in addition to existing members such
Airlines
Ryanair's June passenger statistics have beaten those of British Airways, highlighting the significant gap between the two European carriers. While Ryanair carried 5.8 million passengers in June, British Airways saw a decline to 2.9 million. This difference has significant implications for the airline industry, particularly as
Airlines
British Airways employees, including over 2,000 cabin crew members, have sent a strong message that they will not accept a pay freeze and job cuts that would affect thousands of workers. The workers, meeting near Heathrow Airport, expressed concerns over the potential sackings of staff who resist the cuts
Airlines
As Virgin Atlantic celebrates its 25th birthday, founder Sir Richard Branson announced the largest order for Airbus A330 series aircraft since the Air France crash, placing 10 orders for the A330-300 type, worth $2.1 billion. The move aims to strengthen the airline's fleet and takes place amidst
Airlines
As the COVID-19 pandemic continues to cripple the airline industry, Virgin Atlantic's Richard Branson has emerged as a vocal critic of British Airways' management and financial decisions. In a recent interview at London Heathrow airport, Branson expressed his skepticism about British Airways' chances of survival, citing
Airlines
More than 485 for-profit organizations, spanning over 33 states, the District of Columbia, Puerto Rico, Canada, and Spain, have expressed their support for granting global antitrust immunity to five oneworld(R) airlines. This move aims to create a level playing field, allowing American Airlines, British Airways, Iberia Airlines, Finnair, and
Airlines
Even as demand for premium air travel plummeted along with the economy, some airlines are finding ways to hold on to their most valuable customers by expanding first-class services for long-haul flights. Despite the financial pressure, airlines like Lufthansa, Air France-KLM, and American Airlines are opening exclusive lounges and investing
Airlines
Analysts expect modest profits at Scottish & Southern Energy's (SSE) annual results, with Deutsche Bank predicting underlying profits of about GBP 1.25 billion for the year to the end of March, a marginal increase from the previous year's GBP 1.23 billion. Meanwhile, Marks &
Airlines
The oneworld airline alliance, comprised of American Airlines, British Airways, Iberia, Finnair, and Royal Jordanian, has filed letters of support with the U.S. Department of Transportation from a multitude of organizations, including 216 nonprofits, 107 chambers of commerce, and economic development organizations. This broad array of support underscores the
Airlines
The spread of swine flu triggered a reaction in the market yesterday, with travel and hotel groups particularly affected. However, a rise in pharmaceutical stocks and defensive sectors helped to limit the damage. Analysts noted that companies involved in the tourism industry, such as cruise operators and tour operators, were
Airlines
Global stock markets plummeted today in response to growing fears over the swine flu outbreak, with airlines, travel companies, and hotel groups facing significant losses. Share prices in British Airways, Thomas Cook, Carnival, and Thomson Holidays' owner TUI all fell by over 5%, while Intercontinental Hotels dropped almost 6%
