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British Airways had received funding of £2 billion for a five-year term loan, which is partially guaranteed by UK Export Finance

IAG rejigs board following Brexit deal, BA gets funding

Aer Lingus and British Airways owner IAG said today it had changed the composition of its board to ensure a majority of independent EU non-executive directors following Brexit.

Business • 31 Dec 20

BA cargo staff, mainly based at London's Heathrow airport, face pay cuts (file image)

British Airways cargo staff strike from Christmas Day

Cargo workers at British Airways will strike from tomorrow until 2 January in a row over pay, with a new coronavirus strain already delaying goods arriving in the UK.

Business • 24 Dec 20

BA owner IAG said it is 'confident' it will comply with the EU and the UK ownership and control rules post-Brexit transition period

IAG rejects Ryanair prediction for post-Brexit BA

Airline group IAG is confident of meeting all EU regulations relating to its ownership British Airways, it said after the group chief executive of rival Ryanair suggested it may have to jettison the UK flag carrier after Brexit.

Business • 08 Dec 20

Aer Lingus owner IAG calls for travel testing regime

Aer Lingus and British Airways-owner IAG said today it was driving down its cost base and called on governments to adopt pre-departure Covid-19 testing to allow travel during a second wave of infections that has locked down Europe again.

Business • 30 Oct 20

A BA jumbo jet is to be preserved as a commercial TV and film set

BA jumbo saved from scrap heap by film deal

A British Airways jumbo jet has found a new role as a film set, saving it from the scrap heap where dozens of BA's other retired jumbos have ended up.

Business • 22 Oct 20

Aer Lingus owner IAG has further downgraded its capacity outlook for the rest of the year

Aer Lingus owner IAG posts €1.3 billion loss in Q3

Aer Lingus and British Airways-owner IAG has reported a €1.3 billion loss in the third quarter as coronavirus restrictions continue to depress travel.

Business • 22 Oct 20

Passengers will be asked to register online for the test before travelling to Heathrow.

London Heathrow unveils rapid pre-flight virus tests

London's Heathrow airport today began to roll out paid-for rapid coronavirus testing, with results in one hour, as it seeks to boost demand decimated by the deadly pandemic.

Business • 20 Oct 20

Sean Doyle was named as the CEO of British Airways last week

New BA boss urges transatlantic testing and corridors

The new boss of British Airways has appealed to Britain and the US today to back pre-flight Covid-19 testing with quarantine-free transatlantic travel corridors.

Business • 19 Oct 20

British Airways has been fined £20m for failing to protect data that left over 400,000 of its customers' details the subject of a 2018 cyber attack

British Airways hit with data watchdog's biggest fine

The UK data protection watchdog said it has fined British Airways £20m - its biggest such penalty to date - for failing to protect data that left more than 400,000 of its customers' details the subject of a 2018 cyber attack.

Business • 16 Oct 20

Aer Lingus CEO Sean Doyle is set to move to the top job at British Airways

IAG replaces BA CEO with Aer Lingus boss

Sean Doyle, the Aer Lingus chief executive, is to become the new chief executive of British Airways.

Business • 12 Oct 20

A British Airways Boeing 747 aircraft makes a flypast over London Heathrow airport on its final flight today

BA's 'Queen of the Skies' jumbos bid farewell

British Airways' last jumbo jets bade farewell to London this morning but cloud and driving rain prevented a rare synchronised dual take off for the "Queen of the Skies" which brought long-haul flights to the masses.

Business • 08 Oct 20

BA chief executive Alex Cruz says the airline is running at 25-30% of its normal flight schedule

BA taking drastic action to make it through winter

British Airways is having to take every measure possible to make it through the winter because a fear of flying during the pandemic has destroyed any hope of a rapid return to normality, its boss said today.

Business • 16 Sep 20

Aer Lingus owner IAG in €2.7 billion rights issue

Aer Lingus and British Airways owner IAG has launched a heavily discounted rights issue today to raise €2.74 billion to help strengthen its finances, which have been squeezed by the coronavirus pandemic.

Business • 10 Sep 20

British Airways is burning through £20m a day and has said it needs to axe up to 12,000 jobs

BA increasingly likely to face strike action - union

British Airways is increasingly likely to face strike action this autumn, as the trade union representing cabin crew said that new contracts offered to the airline's remaining staff did not offer enough stability and could cut pay substantially.

Business • 21 Aug 20

Budget carrier Ryanair down was 4.7% in early trading.

UK quarantine decision hits airline stocks

European airline stocks have tumbled after Britain reimposed coronavirus quarantine on people arriving from France, in a new blow to already dented recovery hopes for the sector.

Business • 14 Aug 20

IAG's chief executive Willie Walsh said he would not be extending his tenure at the airline group again

IAG to raise €2.75 billion in equity as Covid-19 bites

Aer Lingus and British Airways owner IAG plans to raise €2.75 billion from shareholders to repair the coronavirus-sized hole in its finances and brace for a more chaotic future.

Business • 31 Jul 20

The Aer Lingus and BA owner said in April that it was burning through €200m a week

IAG boosted by £750m deal with American Express

Aer Lingus and BA owner International Airlines Group said American Express would pay it £750m to renew their partnership, providing a welcome boost to the airline's finances at a time when it is burning through cash.

Business • 24 Jul 20

Under the agreement, BA pilot pay cuts will start at 20% and will be reduced to 8% over the next two years

UK pilots union recommends accepting reduced BA pay

UK pilots' union BALPA is recommending that its 4,300 members accept British Airways' proposal of about 20% reduced pay and voluntary severance to limit the amount of forced job cuts, the union has said.

Business • 23 Jul 20

British Airways is the world's largest operator of Boeing 747 jumbo jets

British Airways retires fleet of Boeing's jumbo jets

British Airways, the world's largest operator of Boeing 747s, will retire its entire jumbo jet fleet with immediate effect after the coronavirus pandemic sent air travel into freefall.

Business • 17 Jul 20

The legal action is being take by British Airways, Ryanair and EasyJet

Airlines begin legal challenge to UK quarantine policy

Three of Europe's biggest airlines have begun a legal challenge to the British government's quarantine rules for travellers, saying they should be struck down as the rule was disproportionate and had been introduced without consultation.

Business • 03 Jul 20

Qatar Airways said it has no room for new aircraft and will instead shrink its fleet of around 200 jets

Qatar Airways won't take new aircraft this year or next

Qatar Airways will not take any new planes ordered from Boeing or Airbus in 2020 or 2021, chief executive Akbar al-Baker said today, adding there would be a knock-on effect to future deliveries due to the Covid-19 pandemic.

Business • 17 Jun 20

IAG CEO Willie Walsh defends British Airways plans

IAG's Walsh rejects criticism over British Airways plan

British Airways is fighting for its survival and has acted lawfully, Willie Walsh, the chief executive of the airline's owner IAG said, in a terse response to UK politicians who heavily criticised its treatment of employees.

Business • 16 Jun 20

Airlines launch legal action over UK quarantine

Ryanair, British Airways and EasyJet have launched legal action against the UK government's quarantine policy, asking for a judicial review to be heard as soon as possible.

Business • 12 Jun 20

British Airways will sell at least 10 works of art from its extensive collection, a source has said

BA to put artworks on sale in Covid-19 cash crunch

British Airways will sell at least 10 works of art from its extensive collection, a source said, to try to raise millions of pounds to boost its cash reserves as it struggles through the coronavirus pandemic.

Business • 11 Jun 20

UK's quarantine will be quashed or dropped - O'Leary

The UK's coronavirus quarantine will be struck down by the courts or dropped within weeks as some of Europe's biggest airlines prepare to file a legal challenge by the end of tomorrow, Ryanair boss Michael O'Leary has said.

Business • 08 Jun 20