IAG losses widen as Iberia’s problems wipe out progress at British Airways

Spanish airline battles competition from low-cost airlines and high-speed trains, labour disputes and economic crisis International Airlines Group reported a first-quarter operating loss of €278m (£235m) as continued weakness at its Spanish carrier Iberia wiped out progress at British Airways. The loss at IAG, Europe’s third-biggest airline group by market value, was greater than the […]


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Scrap flight tax to boost economy, say airlines

Abolition of air passenger duty would create around 60,000 jobs according to British Airways commissioned report UK-based airlines have launched a renewed attack on air passenger duty with a report that claims the UK economy would be boosted by £16bn a year if the tax was scrapped. Commissioned by four British airlines including British Airways, […]


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Strikes likely at Iberia just before Christmas

General Workers’ Union says strikes are to protest against ‘unnecessary layoffs’ Unions representing most workers at the Spanish airline Iberia said on Thursday that they would stage six days of strikes immediately before the Christmas holidays in a protest against the company’s plans to lay off 4,500 staff. The stoppages by Iberia ground staff and […]


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Virgin Atlantic to start flights between Heathrow and Scotland

Airline to begin flights in spring after being offered slots British Airways was forced to relinquish after its takeover of bmi Virgin Atlantic will be operating domestic flights from Scotland to Heathrow from spring after being offered all the remaining slots that British Airways was forced to relinquish after its takeover of bmi. The airline […]


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Let’s not avoid the difficult questions on the future of our airports | Observer editorial

Howard Davies has an onerous task in choosing whether we need a new airport or an expanded Heathrow Sir Howard Davies, the man with the job of deciding whether Britain needs a new airport, must be looking with some alarm at the precedents. In 1971, after more than 18 months of work, the Roskill commission […]


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Snow show when we tried to claim a cancelled British Airways flight refund

BA insists we talk to Flight Centre; they insist it is down to BA. What now? We booked British Airways flights through Flight Centre to travel from Manchester to Durban, South Africa via Heathrow in February. The day before our departure the agent told us that, due to heavy snow, the Manchester to Heathrow flight […]


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Salesman for software company selling to HFT firms: ‘We robotise events’ | Joris Luyendijk

Joris Luyendijk talks to a software salesman about adjusting to the world of high-frequency trading and the need for speed Among the most read interviews on the blog is this computer programmer at a high-frequency trading (HFT) hedge fund. To understand HFT, he explained: “Compare the movements of shares on the stock market with waves. […]


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