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4Vote!

Cost control lies at heart of airline's recovery

As British Airways chief Willie Walsh rose to discuss the airline's eye-watering half-year losses with analysts, it was tempting to recall another BA presentation made...

7Vote!

BA predicts £1bn slump in revenue but signals business stabilising

BRITISH AIRWAYS has signalled business is stabilising, eclipsing news of a worse than expected first-half loss and a prediction that revenue will slump by £1 billion (€1.12 billion) this year.

4Vote!

Simon Calder: Why Walsh is turning to Spain to relieve BA's pain

"We'll take more care of you," the British Airways slogan used to run. "Fly the flag." These days, within Europe, many more of us fly the harp (Ryanair) or the orange splodge (easyJet). BA's chief executive, Willie Walsh, has many burdens to shoulder, from strike-prone cabin crew to a ballooning pension deficit. But at the core of BA's startling loss of £16.50 for every passenger...

7Vote!

Business News: British Airways set to sack 1200 more after record losses anounced

BRITISH AIRWAYS are axing another 1200 workers after they announced record losses yesterday.

4Vote!

BA cost-control at heart of recovery

The troubled carrier has delayed delivery of its Airbus A380 superjumbos and confirmed it had reduced its overall staff positions by 10 per cent but but a merger or alliance is still crucial

5Vote!

Unlike Rafa Benitez Willie Walsh is using his BA team's wings to full effect

Shocking results. Fight for survival. Glory years long gone. Right that's enough of Liverpool FC Willie Walsh's team. What about British Airways the company he runs?

5Vote!

Metropolitan sneering

Poor Rachel Elnaugh. For years she seems to have lost it; from the days since she was a Dragon in Dragon's Den, through endless self justification & attacking her detractors, down to posting the most appalling bollocks on her website, she's now resorted to the very lowest form of attack. One common among those right wing metropolitan types. Sneering at those outside of London. She does it here...

5Vote!

Willie Walsh dismisses 'irrelevant' strike threat as BA loses £292m

The chief executive of British Airways said union strike threats would not deflect him from further cost cuts as he unveiled record halfyear losses.

3Vote!

British Airways to axe 1,200 more jobs

British Airways revealed a quadrupling of net losses in its first half on Friday, and axed an extra 1,200 jobs in an "essential" cost-reduction programme. BA posted a loss after tax of 217 million pounds (242 million euros, 361 million dollars) during the six months to September 30 compared with a loss of 49 million pounds during the equivalent period in 2008. "Aviation remains in recession,"...

7Vote!

BA hints worst over for business travel

LONDON (Reuters) - British Airways signalled business is stabilising, eclipsing news of a worse than expected first half loss and a prediction that revenue would slump by 1 billion pounds this year.

7Vote!

BA announces 1,200 job cuts after record loss

Struggling airline British Airways (BA) today posted a record first-half pre-tax loss of £292 million for the six months to 30 September. Following its results, the airline said it is planning 1,200 job cuts, which will take its total to almost 5,000 by the end of March. According to BA’s chief executive, Willie Walsh, “These are very [...]

8Vote!

British Airways boss says strike talk is premature

'We should be sitting down and talking,' said BA's Willie Walsh British Airways boss Willie Walsh has urged passengers to make Christmas bookings with the airline - despite the growing threat of a crippling cabin crew strike during the festive season. Walsh said trade union warnings of industrial action were premature and the airline was still prepared to hold discussions despite the carrier's largest...

3Vote!

Airline Industry Gets Ugly Again As BA Fires 3,000

By Douglas A. McIntyre British Airways lost $485 million for the six months that ended in September. The airline’s CEO Willie Walsh told the BBC that this has been the “most difficult year in the history of British Airways”. BA is planning to cut 3,000 more workers in an attempt to return to profitability, but the [...]

3Vote!

Fasten your seatbelts: British Airways hit by £292m loss

British Airways has not escaped the economic turbulence affecting airlines worldwide. Yesterday it announced a pre-tax loss of £292m for the six months to the end of…

7Vote!

BA posts record £292m loss for first-half

Struggling airline British Airways (BA) has today posted a first-half pre-tax loss of £292 million for the six months to 30 September. The airline admitted during the summer it was fighting to survive and has since been looking at ways to cut costs. It is struggling to stay afloat during the global economic downturn which has led [...]