British Airways celebrates 90 years of leading the travel industry, since Transport & Travel Ltd (a precursor to British Airways) launched the world’s first commercial flight which departed from London to Paris on August 25 1919.
British Airways has suffered another blow after losing a contract to Virgin Atlantic to fly Gordon Brown and his entourage to the G20 summit in Pittsburgh.
British Airways has become the first major European scheduled airline to sell advertising space on its boarding passes as it seeks new revenue to stem record losses. Jaguar has become the first company to advertise on its website, whilst advertising on boarding passes will start in October.
British Airways and American Express are today announcing a renewal of their strategic partnership.
British Airways has given its shareholders the first piece of good news this year by reporting an improvement in passenger volumes and fewer empty seats in July. However premium traffic continued to slide as business passengers downsized to economy.
British Airways says it is edging towards an agreement with cabin crew unions over its cost-cutting proposals. With the two sides set to resume talks this Thursday after a 14-day cooling-off period, the airline feels confident of striking a deal that would avert strike action.
British Airways has sunk to new a low by posting record pre-tax losses of £148m for the three months ending 30 June, its first quarterly loss since privatisation in 1987. But passenger numbers stabilised during the period and are showing some signs of improvement for the peak summer months.
British Airways is axing free meals on thousands of short-haul flights as part of inflight service cuts that it estimates will save £22m annually.
British Airways has been forced to ditch its OpenSkies New York to Amsterdam service due to recession causing the bottom to drop out of the premium market.
Negotiations between British Airways and cabin-crew unions Unite and GMB have ground to a halt, sparking fears of strike action. The failure to reach an agreement over plans to cut up to 3,700 jobs and freeze pay now leads to the two sides entering a 14-day cooling off period.
British Airways passengers who are prevented from boarding an aircraft because of suspected swine flu could lose the price of their ticket.
British Airways has been given a lift after the trustees of its pension fund agreed to forgo £330 million in guarantees. The bail-out comes on top of last week’s agreement by institutional investors to raise £350 through a convertible bond.