British Airways Owner Says Summer Travel Demand Is Strong
Bloomberg reports: British Airways owner IAG SA said it was well-placed for a strong summer season, with travel demand remaining robust after profit rose in the first quarter.
Related Coverage: Lufthansa, Boeing, Aer Lingus, Air France
Bloomberg reports: British Airways owner IAG SA said it was well-placed for a strong summer season, with travel demand remaining robust after profit rose in the first quarter.
Amidst an opportunity to cement its status in the aviation industry, IAG swiftly moves to acquire Portugal’s flag carrier as it hits the market.
A British Airways flight from Bermuda to London, BA158, faced evacuation prior to takeoff on May 5 after receiving a bomb threat via email.
After a first-quarter earnings hit from strikes, Lufthansa anticipates a robust recovery with bookings up 16% over last year, aiming for over 95% pre-pandemic capacity in Q3.
Amidst a strong travel demand resurgence, IAG reports a substantial first-quarter profit, despite a slight net loss, signaling robust revenue growth driven by its airline subsidiaries, British Airways and Iberia.
As leisure travel rebounds, IAG, owner of British Airways and Aer Lingus, benefits from higher sales and suppressed fuel expenses, marking a positive forecast ahead of the summer season.
Amidst an opportunity to cement its status in the aviation industry, IAG swiftly moves to acquire Portugal’s flag carrier as it hits the market.
A British Airways flight from Bermuda to London, BA158, faced evacuation prior to takeoff on May 5 after receiving a bomb threat via email.
After a first-quarter earnings hit from strikes, Lufthansa anticipates a robust recovery with bookings up 16% over last year, aiming for over 95% pre-pandemic capacity in Q3.
The European Union has flagged anticompetitive concerns with IAG's acquisition of Air Europa, potentially halting the €400 million deal.
A British Airways A380, bound for London Heathrow, encountered a prolonged delay followed by a five-hour futile flight, circling back to Singapore due to a malfunctioning weather radar system.
In a strategic move to reconnect London and Abu Dhabi, British Airways has launched a year-round daily service with its Boeing 787-9 Dreamliner, marking the airline's return to the route after a hiatus.
In response to ongoing tensions in the Middle East, easyJet will suspend flight operations from the UK to Israel until October 2024, marking a significant adjustment in the airline's route operations.
British Airways announces another Avios-only flight, offering over 400 reward seats from London Heathrow to Barbados on 15 February 2025, spotlighting enhanced PaxEx offerings.
Starting April 16, 2024, British Airways will begin accepting applicants for the second iteration of its Speedbird Pilot Academy, a fully funded cadet training program.
A Virgin Atlantic Boeing 787 and British Airways Airbus A350 experienced minor damage following a ground collision at London's Heathrow Airport. No injuries were reported in the incident that occurred during towing operations.
In a concerning oversight, both pilots of a British Airways Airbus reportedly fell asleep simultaneously during a flight in August, sparking regulator scrutiny.
Beginning October 29, British Airways enhances its Brazil connections by upping its weekly flights to Sao Paulo to ten, using the Boeing 787-8 for additional routes.
British Airways offers a course aimed at reducing flight-related anxieties, addressing concerns ranging from mild nervousness to severe fear among passengers.
An in-depth comparison of British Airways and Finnair's economy services reveals a significant difference in meal quality, despite similar seating arrangements.
In a bold move, British Airways launches a provocative advertising campaign, challenging traditional norms to enhance brand visibility in the competitive aviation market.
Following a detailed review, the European Commission identified potential competition restrictions on key routes and markets, notably short-haul to Central Europe, long-haul to North America, Japan, and dominance at Milan Linate airport, stemming from Lufthansa's proposed stake in ITA Airways.
Through a substantial investment, British Airways is updating its ground support equipment at Heathrow to feature over 90% zero emissions, hybrids, or HVO fuel vehicles, aiming for a significant emissions reduction.
Following a comprehensive restoration, a celebrated British Airways Concorde has made its way back to the Intrepid Sea, Air & Space Museum in New York.
After a meticulous restoration project at the Brooklyn Navy Yard, the iconic British Airways Concorde has made its return to the Intrepid Museum, marking a significant moment for both aviation heritage and the PaxEx community.
British Airways' parent company IAG modifies three-year pay policy for directors, enhancing the cash component of their bonuses.
Following internal feedback, British Airways will implement adjustments to its recently launched uniforms by renowned tailor Ozwald Boateng, addressing concerns that some designs didn't meet expectations.
In a strategic move to modernize and enhance passenger experience, British Airways has unveiled a comprehensive £7 billion transformation plan. The initiative includes a free messaging Wi-Fi tier, new seats, a revamped website and mobile app, alongside a £750 million investment in information technology.
British Airways announced the resumption of flights to Bangkok and Kuala Lumpur from Q4 2024, incorporating upgraded cabins and new passenger amenities as part of its £7bn transformation strategy.
In a significant modernization initiative, British Airways commits £750 million to IT enhancements, including a website overhaul, as part of its broader £7 billion transformation plan.
In an effort to secure funds for upcoming tax cuts, UK Chancellor Jeremy Hunt is mulling over increasing air passenger duty on business class flights, marking a significant shift in fiscal policy aimed at bolstering worker benefits.
Legal action initiated against jet bridge operator at Vancouver International Airport, accusing negligence in an incident resulting in significant damage to a British Airways Boeing 777 engine.
Despite reporting a significant profit, British Airways faces demand from passengers for notable improvements in the flying experience.
Luis Gallego, CEO of IAG, balances optimism for the Air Europa deal against stalled investments in Aer Lingus, pending a pilot pay resolution.
International Airlines Group (IAG), the parent company of British Airways and Iberia, reported a significant rise in profits for 2023, nearly tripling its operating profits to over €3.5 billion, driven by a robust demand in transatlantic flights and a strong recovery in leisure travel.
Air France-KLM reported its highest annual revenue in 2023 and significant operational profits. However, the group faced a downturn in Q4 with cargo activity struggles and rising unit costs, highlighting a cautious outlook for 2024.
ISRO announces astronaut-designates for Gaganyaan, targeting India's first manned space flight, while laying groundwork for an Indian space station and preparing for lunar exploration.
To celebrate 10 years of service between London Heathrow and Austin, British Airways introduces a unique 'BA-B-Q' sauce in collaboration with Franklin Barbecue. The initiative combines Texas flavors with aviation hospitality on flights starting March 3, 2024.
In a significant move towards sustainability, International Airlines Group (IAG) has successfully secured a 14-year contract for 785,000 tonnes of e-SAF from Twelve, marking a major step in reaching its 2030 environmental goals.
A British Airways supervisor is reportedly on the run in India after being implicated in a visa scam, exploiting the airline’s check-in systems to facilitate illegal entry to various destinations, involving an estimated £3 million annually.
The European Commission is set to express competition concerns over IAG's proposed €400 million acquisition of Air Europa, potentially demanding remedies to avoid an antitrust warning.