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Company Watch - British Airways.

Nov 5, 2007

Aer Lingus and British Airways signed a codeshare agreement covering all Aer Lingus flights between its new Belfast base and London Heathrow. Aer Lingus will launch thrice-daily Belfast-LHR service on Jan. 14 and add a fourth daily flight at the end of March. Oct 30, 2007

British Airways CEO Walsh said that the airline remained committed to the consortium looking at buying Spanish airline Iberia. "We're still working on finalizing the financing on Iberia," added Finance Director Keith Williams. The airline said it was on track with its goal of keeping operating margins at 10 percent or more, having hit 12.5 percent in the first half. It predicted costs excluding fuel were now expected to be GBP100 million lower than previously forecast in the full year due to the weak dollar. But fuel costs are expected to be up by GBP100 million on last year. Walsh brushed off media reports that BA's plans to start flights to the United States from European cities could be threatened by opposition from its pilots or by plans to cut flight capacity at New York's JFK airport. Nov 2, 2007

British Airways plans threatened by proposed JFK schedule caps. British Airways' plans to launch a new airline flying between Europe and New York are threatened by proposed schedule caps at John F. Kennedy airport. British Airways, JFK's biggest overseas airline, had planned to take advantage of Europe's open skies agreement by offering flights between JFK and a roster of European destinations. Oct 31, 2007

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Publication:AirGuide Business
Geographic Code:4EUUK
Date:Nov 5, 2007
Words:344
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