BA warns it will cut flights as prices rise July 16, 2008 British Airways told investors yesterday it would raise prices, cut flights and would do well to break even in 2008. Speaking at the annual shareholders meeting in London, chairman Martin Broughton said: “It will be a considerable achievement for BA to break even this year.” He added: “With oil at $85 a barrel – a [...]
BA snaps up French carrier for £54m July 3, 2008 British Airways struck a deal to buy French business-class rival L’Avion for £54m yesterday to boost its new OpenSkies subsidiary, which flies between continental Europe and America. BA will add L’Avion, which began flying between Paris and London last January, to its OpenSkies unit, which began operations last month. The flag carrier’s OpenSkies service is [...]
BA: Ryanair passengers ‘like freight’ October 20, 2005 British Airways boss Willie Walsh has shocked the airline industry with an attack on Ryanair boss Michael O’Leary. Walsh slammed the low-cost airline claiming that it treats its passengers worse than BA treats freight. In an interview with CityA.M. Walsh said: “I think we actually treat our freight better than he treats his passengers.” The [...]