Tag: British Airways

• Saturday, November 10th 2012 - 04:40 UTC

  Iberia survival plan: slash quarter of jobs, cut 15% network and downsize fleet

  

  Loss-making Iberia on Friday announced plans to axe 4.500 jobs to save Spain's biggest airline from collapse and warned more cuts could follow against the backdrop of economic crisis in the Euro zone country.

• Monday, May 14th 2012 - 05:31 UTC

  Fuel costs and Spanish recession hit British Airways-Iberia with mounting losses

  

  Rising fuel costs and the impact of Spain’s economic crisis left the owner of British Airways and Iberia nursing big quarterly losses. International Airlines Group was also hit by industrial action by pilots at Iberia as it recorded losses of 263 million Euros for the three months to March 31, against a deficit of 47 million Euros a year earlier.

• Tuesday, July 19th 2011 - 05:48 UTC

  British Airways: ‘World’s favourite airline’ grows in South America

  

  Over sixty five years ago, British South American Airways (BSAA) began flying to South America. The flights, which began in March 1946, were via Lisbon, Bathurst, Natal, Rio de Janiero and Montevideo, before landing in Buenos Aires, 35 hours later. The aircraft: an Avro Lancastrian. How times have changed.

• Monday, January 24th 2011 - 19:02 UTC

  Merger Takes Place

  

  British Airways and Iberia have registered their merger, forming a holding company International Airlines Group SA.