August 25, 2008 |
Where and when: London, July 27-Aug. 12. Construction costs: No current estimate. Current budget: 9.3 billion pounds (approximately $17.2 billion). Athletes to watch: Michael Phelps, Michael Phelps, Michael Phelps. Others: Serena Williams, to complete her Golden Slam of tennis; Lopez Lomong, whose story never stops; Ben Askren, American freestyle wrestler who, like Samson, cut his long hair and lost in Beijing; Liu Xiang, so a nation can stop weeping. Senior Division: swimmer Dara Torres, who will be 45; diver Dmitry Sautin, who will be 38. Obstacles to overcome: The usual, such as potential cost overruns; also, a logo that some said looks like a swastika, and possible protests by Muslim countries, since the Games coincide with the holy month of Ramadan.
August 15, 2008 |
American Airlines and British Airways agreed Thursday to create an alliance that would let them operate as a single carrier on transatlantic routes and counter new competitors. The airlines said they would seek antitrust clearance to coordinate prices, capacity, schedules and routes and share revenue on flights between Europe and North America. The move marks the third bid since 1996 for closer ties between AMR Corp.'
August 12, 2008 |
British Airways may seek regulatory approval this week for an alliance with AMR Corp.'s American Airlines that would allow the pair to operate, in effect, as a single airline on transatlantic routes. An executive at British Airways indicated that a filing for antitrust immunity permitting the alliance might be made by Friday.
July 30, 2008 |
British Airways said Tuesday it would merge with Iberia, Spain's national airline, as slower economies and higher fuel costs wipe out earnings. The airlines are in talks about an all-stock transaction that would create a new company with two fleets and a dual listing in London and Madrid, the companies said. The deal would be the largest in Europe since Air France acquired Dutch airline KLM for $826.9 million in 2003.
June 20, 2008 |
Continental Airlines Inc. and UAL Corp.'s United Airlines, which failed to complete talks this spring to become a single carrier, said Thursday that they would work together in an alliance they hope will boost revenue to offset rising fuel costs. In striking a deal with United, Continental ended alliance negotiations with AMR Corp.'s American Airlines, the nation's biggest carrier, and British Airways. Under alliances, airlines typically sell tickets on each other's flights, which can result in increased revenue.
April 26, 2008 |
A federal judge on Friday preliminarily approved an agreement by two British-based airlines to pay about $210 million to settle a massive price-fixing lawsuit that accused the carriers of colluding to gouge transatlantic passengers with fuel surcharges. U.S. District Judge Charles Breyer granted tentative approval for British Airways and Virgin Atlantic to refund one-third of the surcharge paid by each of the airlines' passengers from Aug. 11, 2004, to March 23, 2006.
CALIFORNIA | LOCAL
April 13, 2008 |
Burt Glinn, 82, a photojournalist and commercial photographer who was one of the first Americans to join the prestigious Magnum photo agency and later served as its president, died Wednesday of kidney failure and pneumonia at home in East Hampton, N.Y. Glinn's best-known images included a picture of Soviet leader Nikita Khrushchev at the Lincoln Memorial in Washington, Fidel Castro as he was taking power in Cuba and a light shot of Andy Warhol, Edie...