Posts filtered by tags: International Airlines Group[x]


 

American has been building an team of airline partners to fill the gaps in its network, even if it means aligning with budget carriers and startups

American Airlines is expanding its international presence with new airline partners. Mike Blake / Reuters American Airlines is taking on new airline partners to rebuild its global route network. South America is of particular importance as American recently lost its larger partner in the region. In the US, Alaska Airlines and JetBlue Airways help American expand its presence on both coasts. See more stories on Insider's business page. American Airlines is planning to get by with a lit...
Tags: Travel, Transportation, New York, News, Air Travel, Boston, Air Canada, Planes, US, America, Trends, Spain, Chicago, Colombia, Flying, Canada


US airline chiefs add to pressure for transatlantic travel to restart

American, Delta and United bosses join British Airways and Virgin Atlantic in saying US-UK vaccination levels mean routes should reopenMajor US airlines have weighed in alongside UK carriers to urge the reopening of transatlantic travel, calling on governments in Washington and London to arrange a summit as soon as possible.The airlines said that safely reopening borders was essential for economic recovery and asked the nations’ leaders to meet before the G7, and take a decision with sufficient ...
Tags: Business, UK, London, Washington, US, Travel & leisure, UK News, World news, US news, Air transport, Airline Industry, International Airlines Group, United, British Airways, United Airlines, Virgin Atlantic


Steep rise in flight and holiday prices as UK travel green list looms

Hike in prices fuelled by limited flights to quarantine-free holiday destinations Coronavirus – latest updatesSee all our coronavirus coverageFlight prices and holiday bookings jumped as the government prepared to unveil the list of countries to which British holidaymakers can travel without having to quarantine on their return.Travel experts said the limited number of flights available and the prospect of foreign trips to green list destinations without having to quarantine was pushing up price...
Tags: Travel, Europe, Business, UK, Travel & leisure, UK News, World news, Portugal, Ryanair, Airline Industry, Easyjet, Flights, Tui Travel, International Airlines Group, British Airways


Sterling reaches $1.39 in best performance for three years

FTSE 100 posts biggest daily gain for over a month as investors buoyed up by vaccine and US economy hopesThe pound has hit its highest level against the dollar for almost three years as global markets were buoyed up by hopes for a faster economic recovery from the coronavirus pandemic.Sterling rose by 0.5% to hit a 33-month high against the dollar on Monday, trading above $1.39 on the global currency markets for the first time since 2018, while also rising to a nine-month high against the euro o...
Tags: Business, Japan, US, Economics, London Stock Exchange, Travel & leisure, UK News, World news, US news, Stock Markets, Euro, Asia Pacific, Currencies, Dollar, US economic growth and recession, Vaccines and immunisation


LanzaJet inks deal with British Airways for 7500 tons of fuel low emission fuel additive per year

LanzaJet, the renewable jet fuel startup spun out from the longtime renewable and synthetic fuel manufacturer, LanzaTech, has inked a supply agreement with British Airways to supply the company with at least 7500 tons of fuel additive per yer. The deal marks the second agreement between the UK-based airline and a renewable jet fuels manufacturer following an August 2019 agreement with the British company Velocys. It’s also LanzaJet’s second offtake agreement. The company announced itself with a ...
Tags: Amazon, TC, UK, Tech, Georgia, Investment, Britain, United States, United Kingdom, Bill Gates, Aviation, Airlines, Ba, US Airways, Shell, LanzaTech


The pandemic devastated airlines in 2020 and forced many out of business - here's the most notable that didn't make it to 2021

An aircraft sits in a boneyard in Arizona. Christian Petersen/Getty Last year saw an influx of airlines close up shop as the pandemic forced travelers to stay home.  All 11 major US airlines remained intact but smaller regional carriers were forced to close or merge due to the drop in travel demand.  Not all were due to the pandemic, however, as the first two months of the year saw high-profile closures due to mounting losses.  Visit Business Insider's homepage for more stories. Each year ...
Tags: Hong Kong, Europe, UK, New York, Milan, Minneapolis, Germany, US, America, Trends, Spain, Barcelona, Atlantic, South Africa, Hawaii, New York Times


UK’s ICO reduces British Airways data breach fine to £20M, after originally setting it at £184M

One of the biggest data breaches in UK corporate history has been closed off by regulators not with a bang, but a whimper. Today the Information Commissioner’s Office, the UK’s data watchdog, announced that it would be fining British Airways £20 million ($25.8 million) for a data breach in which the personal details of more than 400,000 customers were leaked after BA suffered a two-month cyberattack and lacked adequate security to detect and defend itself against it. It had originally planned to...
Tags: Security, Europe, UK, Government, Tech, Eu, European Union, Data Breach, Marriott, Ba, Aerospace, International Airlines Group, British Airways, Ico, DPA, Cathay Pacific


British Airways pilots to vote on deal to cut jobs and pay

Proposed agreement between union and BA involves at least 270 job losses and up to 20% cuts in payCoronavirus – latest updatesSee all our coronavirus coverageBritish Airways pilots are to vote on a deal struck between the Balpa union and airline management that would involve at least 270 losing their jobs and the rest taking pay cuts of up to 20%.Balpa said it was “hugely disappointing” that BA had not taken up its proposals that would have avoided any compulsory redundancies, but recommended pi...
Tags: Business, Travel & leisure, UK News, Trade unions, Airline Industry, Job losses, Balpa, Ba, International Airlines Group, British Airways, Willie Walsh, Airways, Coronavirus outbreak


'Time is running out': airline industry warns government

EasyJet and Ryanair to stop flying on Monday and less than 5% of passengers expected at airports amid coronavirusCoronavirus – latest updatesSee all our coronavirus coverageAirlines and airports have warned that time is running out for the government to enact promised measures to help the aviation industry, with EasyJet and Ryanair set to stop flying after Monday and less than 5% of normal passenger numbers expected at major airports.Further talks are expected between ministers and the industry ...
Tags: Travel, Business, Travel & leisure, UK News, World news, Economic policy, Ryanair, Transport, Airline Industry, Easyjet, International Airlines Group, British Airways, Virgin Atlantic, Coronavirus outbreak


Airline industry healthy enough to absorb significant downturn in China's economy -IAG CEO

The airline industry is "without question" healthy enough to absorb a significant downturn in China's economy, said Willie Walsh, chief executive of International Airlines Group, which owns British Airways.
Tags: Money, China, businessNews, International Airlines Group, Willie Walsh


British Airways owner's boss Willie Walsh to step down

The chief executive of British Airways owner International Airlines Group is set to retire.
Tags: UK, News, International Airlines Group, British Airways, Willie Walsh


What’s Happening At The 2019 Paris Air Show (Updated 3X)

The 2019 edition of the Paris Air Show is happening this week. The biennial show is traditionally a place where new aircraft are launched and new orders flow in. Follow along here all this week as we recap each day’s happenings. Day 1: The big news of the day was Airbus’ launch of the A321XLR. With a range of 4,700 nautical miles, the aircraft becomes the narrowbody with the longest range ever. The XLR expands on the A321LR that was launched in 2015. As with the first range extension, Air Leas...
Tags: Asia, London, Australia, India, Africa, Aer Lingus, Spotlight, United States, Chile, Paris, Delta, Qantas, Aviation, Airbus, Faroe Islands, Dublin


British Airways says a further 185,000 payment cards possibly hit in cyber attack

International Airlines Group said an investigation into the theft of customers' data at its British Airways unit showed hackers may have stolen the personal information of a further 185,000 customers.
Tags: Money, businessNews, International Airlines Group, British Airways


Qatar Airways' CEO is threatening to leave the Oneworld alliance due to an ongoing feud with American Airlines (AAL)

Qatar Airways CEO Akbar Al Baker said in a meeting with journalists on October 18 that he was considering leaving the Oneworld alliance due to a "bad feeling" created by American Airlines. Al Baker said he had given the Oneworld administration an ultimatum and will decide whether to stay in the alliance or leave it "soon," though he didn't specify what the ultimatum included or what time period "soon" referenced. American Airlines and Oneworld did not immediately respond to Business Insider's ...
Tags: Facebook, US, Trends, Qatar, Ryanair, United Arab Emirates, Airbus, Boeing, International Airlines Group, Jetblue, Doha, British Airways, Iberia, Singapore Airlines, Delta Air Lines, American Airlines


British Airways' latest tech problem is a major credit card hack

Shares in British Airways' owner International Airlines Group dropped as much as 3.5% Friday after the airline revealed that customer data had been stolen.
Tags: Cnn, International Airlines Group, British Airways


British Airways owner's shares drop after credit card hack

Shares in British Airways' owner International Airlines Group dropped as much as 3.5% Friday after the airline revealed that customer data had been stolen.
Tags: Cnn, International Airlines Group, British Airways


British Airways investigating data breach from 380,000 card payments: IAG

The British Airways website and mobile application have suffered a breach of customers' personal and financial data from around 380,000 card payments, the carrier's parent International Airlines Group said on Thursday.
Tags: Money, businessNews, Iag, International Airlines Group, British Airways


British Airways investigating customer data breach - IAG

International Airlines Group said on Thursday that its subsidiary British Airways was investigating a customer data breach on the British Airways website and mobile application.
Tags: Money, businessNews, Iag, International Airlines Group, British Airways


European banking app Monese scores $60M Series B led by Kinnevik

The large amounts of cash that is being invested in challenger banks in the U.K., whether that be startups with a fully fledged banking license or those using the less burdensome e-money regulations, shows no signs of abating. The latest banking fintech to raise a substantial new round is Monese. The London and Tallinn-based company, which provides a mobile-only current account targeting customers with a ‘thin’ credit file or who are newly arrived in a country, has secured $60 million in Series ...
Tags: Fundings & Exits, Startups, TC, Europe, London, Paypal, Portugal, Investec, International Airlines Group, Monese, Tallinn, Kinnevik, Koppel, Norris Koppel, Augmentum Fintech, Avios Group Ltd


Norwegian snubs bid from British Airways owner

Norwegian says proposals from International Airlines Group undervalued the firm and its prospects.
Tags: Business, International Airlines Group, British Airways


Budget airlines hurting environment

Up until a few years ago, it was normal to pay more $1,000 or more for roundtrip airfare between North America and Europe. But with the entry of Norwegian, WOW Air, and a host of other low-cost airlines, the no-frills services which dominate the European and Asian flight markets have found their way to transatlantic routes. This disruption is making international flights cheaper and causing legacy airlines to panic, but it also forces us to think about the larger environmental impacts of air t...
Tags: Travel, Europe, New York, London, Germany, Boston, Air Canada, US, Toronto, Los Angeles, Barcelona, Canada, United States, Ireland, Washington Dc, United Kingdom


Airlines sound alarm over 'blank cheque' for Heathrow third runway

Bosses from British Airways, Virgin and easyJet urge MPs to secure pledge on cost before voteThe true cost of Heathrow expansion is likely to be “grossly” higher than the £14.3bn the airport has cited, airlines have told MPs, adding that transparency and guarantees should be supplied ahead of a crucial vote. Willie Walsh, chief executive of IAG, British Airways’ parent company and the main operator at Heathrow, said parliament should not trust Heathrow and said he had “zero confidence” that a th...
Tags: Business, London, Environment, UK News, Air transport, Heathrow, Heathrow third runway, Airline Industry, Travel and transport, Easyjet, Heathrow Airport, International Airlines Group, British Airways, Willie Walsh, Virgin Atlantic, IAG British Airways


British Airways owner calls for breaking up Heathrow monopoly

Create competition to run terminals when third runway is built to keep airfares low, IAG tells governmentBritish Airways’ owner has called on government to break up Heathrow’s “monopoly” of infrastructure, suggesting that other companies could run the different terminals to create competition and cheaper flights for consumers.IAG said the airport’s planned expansion could allow independent firms to create and run new terminals more effectively than Heathrow’s current owners, with lower costs to ...
Tags: Business, Politics, London, Travel & leisure, UK News, Air transport, Heathrow, Transport, Heathrow third runway, Airline Industry, Transport policy, Iag, Heathrow Airport, International Airlines Group, British Airways, governmentBritish Airways


IAG takeover of part of Niki airline hits legal snag

BERLIN (AP) — A bid by International Airlines Group, the parent of British Airways and Iberia, to acquire much of bankrupt Air Berlin’s Niki division has hit a legal stumbling block with an appeals court ruling. The Berlin state court decided Monday that a Berlin administrative court did not have the jurisdiction to handle the […]
Tags: Business, News, Berlin, Ap, Iag, International Airlines Group, British Airways, Iberia, Niki, Nation & World, Air Berlin s Niki


IAG to acquire much of bankrupt Air Berlin’s Niki division

BERLIN (AP) — International Airlines Group, the parent of British Airways and Iberia, says it’s acquiring much of bankrupt Air Berlin’s Niki division. German news agency dpa reported that IAG said Friday it will pay 20 million euros ($24 million) for Austria-based Niki and inject another 16.5 million euros into the company. It will found […]
Tags: Travel, Business, News, Berlin, Ap, Austria, Iag, International Airlines Group, British Airways, Iberia, Air Berlin, Niki, Air Berlin s Niki


Weekly Roundup, Friday 30 June, 2017

Happy 10th birthday to the iPhone. This is a picture of the original iPhone, still looking reasonably modern a decade later. Good morning As much as I enjoy traveling, it is always good to be home again.  Perhaps that’s the true concept of ‘home’ – the place you’re always most happy to return to. My return from London on Delta was surprisingly good.  Things got off to a rocky start with the plane that was supposed to fly us to Salt Lake City having a maintenance issue that didn’t allow for a fa...
Tags: Travel, Amazon, Transportation, UK, England, Science, London, Wales, California, Scotland, Trains, US, America, Newsletter, Tech, Nasa


British Airways cabin crew to hold four-day strike over pay dispute

Industrial action planned for mid-June adds to airline’s troubles in wake of IT failure that left 75,000 passengers strandedCabin crew at British Airways have announced they will hold a four-day strike later this month, compounding the problems for the beleaguered airline which stranded 75,000 passengers at the weekend after an IT meltdown.Unite members of the mixed fleet, set up in 2011 on inferior pay and conditions, will walk out from 16 June in a dispute over “poverty pay” at the airline. A ...
Tags: Business, Travel & leisure, UK News, World news, Air transport, Transport, Airline Industry, Heathrow Airport, International Airlines Group, Gatwick Airport, British Airways, Willie Walsh, Industrial Action


BA shutdown: IT contractors deny human error to blame

Reports claiming maintenance worker inadvertently switched off power supply ‘are not founded in fact’, says firm managing airline’s data centreThe contractors who manage the data centre where a power shutdown caused chaos for British Airways passengers over the bank holiday weekend have denied that any human error has been identified. Reports claimed a maintenance worker had inadvertantly switched off the power supply. But CBRE, which manages the facilities at BA’s ageing Boadicea House data cen...
Tags: Business, Travel & leisure, UK News, World news, Air transport, Heathrow, Transport, Airline Industry, Ba, Heathrow Airport, International Airlines Group, Gatwick Airport, British Airways, Willie Walsh, Boadicea House


BA shutdown caused by contractor who switched off power, reports claim

Airline inquiry focuses on human error amid reports that contractor at a data centre inadvertently switched off the power knocking out BA’s computersAn investigation into the power outage that led to chaos for British Airways over the bank holiday weekend is likely to focus on human error rather than any equipment failure.A contractor doing maintenance work at a BA data centre is said to have inadvertently switched off the power supply, knocking out the airline’s computer systems, according to a...
Tags: Business, Travel & leisure, UK News, World news, Air transport, Transport, Airline Industry, Ba, Heathrow Airport, International Airlines Group, Gatwick Airport, British Airways, Willie Walsh, Times Continue


Shares in British Airways' parent company tumble

LONDON (AP) " Shares in British Airways' parent company tumbled Tuesday after a catastrophic IT failure stranded thousands of passengers during a long holiday weekend.Shares in the International Airlines Group dropped about 3 percent... [Author: [email protected]]
Tags: Business, London, International Airlines Group, British Airways, AP Shares in British Airways