Tag: Willie Walsh

• Tuesday, March 24th 2020 - 06:33 UTC

  UK considering measures to salvage ruined airline industry

  

  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.

• Wednesday, June 19th 2019 - 08:48 UTC

  Huge boost for Boeing: IAG (British Airways) orders 200 737 Max, US$ 24bn deal

  

  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.

• Tuesday, June 6th 2017 - 06:54 UTC

  British Airways says “human error” led to travel chaos for 75.000 passengers

  

  The boss of British Airways' parent company says that human error caused an IT meltdown that led to travel chaos for 75,000 passengers. Willie Walsh. chief executive of IAG, said an engineer disconnected a power supply, with the major damage caused by a surge when it was reconnected. He said there would now be an independent investigation “to learn from the experience”.

• Friday, February 6th 2015 - 23:02 UTC

  Qatar Airways takes 10% of IAG, owner of British Airways and Iberia

  

  Qatar Airways has emerged as the owner of a 10% stake in International Airlines Group (IAG), the owner of British Airways (BA) and Iberia. The Gulf airline is already a member of the Oneworld Alliance.

• Friday, March 1st 2013 - 16:05 UTC

  IAG insists Iberia “must adapt to survive”; forecasts profit this year

  

  British Airways parent International Consolidated Airlines Group (IAG) has pledged to push through a plan to shrink Spanish arm Iberia by 15% and deliver a profit rebound this year following a group-wide loss last year.

• Saturday, November 10th 2012 - 04:46 UTC

  Major group plans cash-tender offer for low cost airline Barcelona-based Vueling

  

  International Airlines Group has reaffirmed that it would keep Vueling as a stand-alone entity within the group if it completes its plan to acquire the outstanding shares in the Barcelona-based low-cost carrier.

• 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.