International Airlines Group (IAG), the group owning Iberia and British Airways, has reached a deal with Globalia to buy Air Europa for €400 million to be disbursed over the next five years and thus fully owns the Spanish carrier of which it had already acquired 20% for €100 million last year.
British Airways CEO Alex Cruz has been replaced after four-and-a-half years on the job as the COVID-19 pandemic pummels airlines around the world.
British Airways, the world's largest operator of Boeing's 747, said it would retire its entire jumbo jet fleet with immediate effect due to the downturn in the travel industry caused by the coronavirus pandemic.
British Airways (BA) was labeled a national disgrace by lawmakers for its treatment of employees on Saturday, adding to pressure on the airline as it juggles job cuts and new quarantine rules.
The British government of Prime Minister Boris Johnson is reportedly considering a rescue plan for British Airways (BA) and other airlines which are failing to cope with the coronavirus contingency measures that are keeping their entire fleets grounded.
IAG, the parent company of Iberia and British Airways, has agreed to buy Spanish airline Air Europa for €1bn in a move it says will strengthen Madrid’s position as a European hub. It will be the airline group’s third Spanish brand, behind the flag-carrier and low-cost Vueling.
British Airways (BA) said on Monday it has cancelled almost all flights as pilots began a 48-hour strike. The UK flag carrier and its 4,300 pilots have been locked in a nine-month pay dispute that could disrupt or alter the travel plans of nearly 300,000 people.
US aircraft giant Boeing got a welcome vote of confidence in its beleaguered 737 MAX plane on Tuesday when International Airlines Group (IAG), owner of British Airways, said it wanted to buy 200 of the planes.
One of the UK's largest airlines are facing legal action which claims pilots and cabin crew are regularly exposed to toxic fumes during flights. The Unite union said legal notice has been served in 51 cases, the majority of which are against British Airways.
British Airways passengers were mistakenly flown to Edinburgh rather than Dusseldorf due to a paperwork error. The pilot of Flight BA3271 took off from London shortly after 7.30am on Monday and followed instructions to fly to the Scottish capital instead of the German city. The destinations are more than 800km apart.