The Telegraph (Free subscription) | 06/01/2009
Oneworld at risk if US deal fails, warns BABritish Airways' chairman has warned that failure to win approval for a transatlantic tie-up with American Airlines could spell the end of Oneworld, the alliance central to the UK flag-carrier's strategy. By Alistair OsborneLast Updated: 6:37PM GMT 06 Jan 2009Martin Broughton said gaining anti-trust approval for a revenue-sharing deal with American...
The Telegraph (Free subscription) | 28/12/2008
BA pension scheme threatens merger with IberiaIberia, the Spanish airline plotting a £3.8bn all-share merger with British Airways, is poised to raise fresh doubts over the terms on which it will strike a deal after commissioning a new report from pensions consultants Mercer. By Alistair OsborneLast Updated: 7:58PM GMT 28 Dec 2008 The Spanish flag carrier engaged Mercer, the human resources...
The Telegraph (Free subscription) | 24/12/2008
By Alistair OsborneLast Updated: 12:45PM GMT 24 Dec 2008 BAA is looking for net proceeds of £1.8bn from the sale of Gatwick airport. In a report to backers of the £12.1bn refinancing of its three regulated airports – which also include Heathrow and Stansted – BAA forecasts it will clear a sum equivalent to 1.1 times Gatwick's regulated asset base of £1.62bn after all transaction costs....
The Telegraph (Free subscription) | 16/12/2008
By Alistair OsborneLast Updated: 6:21PM GMT 16 Dec 2008In its "provisional decision on remedies", the Competition Commission's key recommendation is that the Department for Transport (DfT) adopts "longer franchise terms" of 12 to 15 years. Such a move, the Commission argued, would give train operators greater incentives "to purchase new rolling stock or switch to alternative... proposals"....
The Telegraph (Free subscription) | 15/12/2008
By Alistair OsborneLast Updated: 6:33PM GMT 15 Dec 2008The Competition Commission is this week expected to reject frantic lobbying by BAA that it should be allowed to retain both Heathrow and Stansted as well as its trio of Scottish airports – Glasgow, Edinburgh and Aberdeen. BAA also owns Southampton. In its "provisional decision on remedies" expected to be published tomorrow, the competition...
The Telegraph (Free subscription) | 14/12/2008
By Alistair OsborneLast Updated: 1:17PM GMT 15 Dec 2008The Christmas party market has run out of steamResearch by the organisers of International Confex, the exhibition for companies that stage events, has found that demand for Christmas parties is down by an estimated 40pc this year. The survey took in responses from 1,000 participants who attend the International Confex event. High-profile...
The Telegraph (Free subscription) | 09/12/2008
Ross quits as shares scandal deepensEMBATTLED entrepreneur David Ross is under mounting pressure to relinquish his board positions at Big Yellow Group and Cosalt after being forced to step down from two more high-profile jobs. By Helia Ebrahimi and Alistair OsborneLast Updated: 10:15PM GMT 09 Dec 2008 David Ross, right, with Carphone Warehouse chief executive Charles Dunstone Mr Ross,...
The Telegraph (Free subscription) | 30/11/2008
By Alistair OsborneLast Updated: 11:31PM GMT 29 Nov 2008You wonder what the easyJet founder is on about. A new engineering venture – easyTube, maybe? Nothing of the sort. He just can't bring himself to utter the word "aircraft". For a man who has made most of his fortune from aeroplanes, that's a bit odd. "It's because planespotters call them aircraft," explains the man who likes to be...
