July 27, 1991 |
British Airways on Friday announced a deal with the Soviet airline Aeroflot to create a new international carrier called Air Russia. Plans are for service to begin in 1994 but routes have not been selected, British Airways said. In signing the deal, the British carrier jumped ahead of its American rivals to create a hub in a huge and potentially lucrative travel market of 280 million people.
February 11, 1996
British Airways is introducing a 90-day advance-purchase ticket that offers consumers savings of at least $100 off the prevailing 21-day advance fare. The new fare--called the All Seasons APEX Fare--is not a sale, a British Airways spokesman said, but a permanent guaranteed rate. (If British Airways publishes a lower fare for the date and time of a ticket holder's travel, the airline will refund the difference.
May 31, 2003 |
The U.S. government gave final approval for a limited marketing alliance between AMR Corp.'s American Airlines and British Airways. The code-sharing agreement permits the carriers to sell seats on some of each other's flights. Previous efforts by the carriers to deepen their ties foundered over competition concerns and the failure of the U.S. and British governments to cement an air liberalization treaty. From Reuters
October 22, 2001 |
British Airways, Europe's largest airline, said Sunday that it is in talks with KLM Royal Dutch Airlines and other carriers about combining operations as a slump in demand forces airlines to cut costs. "European aviation has to consolidate," BA Chief Executive Rod Eddington said. "By the time it's finished there'll probably be three rather than 15 major international carriers in Europe," he said, citing British Airways, Lufthansa and Air France.
August 12, 2005 |
British Airways has canceled all flights in and out of London's Heathrow Airport until late today after a series of wildcat strikes stranded thousands of passengers during the peak holiday season. Chief Executive Rod Eddington said there would be no flights until this evening at the earliest after ground staff walked out, causing chaos at the world's busiest international airport.
February 17, 1998 |
Rockwell International Corp. said Monday that it has won a contract from British Airways Plc to install its Rockwell Collins in-flight entertainment system in more than 100 jetliners. Terms of the contract weren't disclosed at British Airways' request, a Rockwell spokesman said. This is Rockwell Collins' first major contract for its in-flight entertainment system.
October 20, 1989 |
British Airways has decided not to participate in the takeover UAL Corp., the parent of United Airlines, it was learned Thursday. The decision by British Airways is a major blow to the employee-management group that is trying to buy the airline. British Airways had agreed to contribute $750 million to the takeover effort, or about 80% of the equity needed to finance the deal.
August 25, 1998 |
British Airways will order 59 Airbus Industrie jetliners and take options for 200 more, breaking its longtime record as a Boeing-only customer, sources familiar with the decision said Monday. The order for A320-family short-range jets, worth as much as $11 billion if all options are exercised, would mark one of the European plane maker's biggest victories against Boeing Co., the world's biggest aircraft maker. An announcement could come as early as today.
October 22, 1988 |
British Airways ordered 31 Boeing airliners on Friday, ending an intense battle between the Seattle plane manufacturer and the European Airbus consortium for a package totaling $1.8 billion. A spokesman for British Airways PLC said it had signed a memorandum of understanding with Boeing Co. for 24 short-haul 737s, six medium-range 767-300s and one short- to medium-range Boeing 757.