Hints and tips:
...“[Heathrow] is high profile . . . and the sovereign wealth funds like trophy assets,” said Robert Boyle, former director of strategy at IAG, the owner of Heathrow’s biggest airline British Airways....
...Nats — a public-private partnership owned by a group of airlines, including British Airways and easyJet, pension funds and the UK government — said it had implemented a solution to avoid any possible recurrence...
...International Airlines Group, the owner of Virgin’s rival British Airways, reported record annual earnings last year, as operating profits more than doubled to €3.3bn....
...Global airline groups, including British Airways owner IAG, have also reported strong profits in the past few weeks, as airfares remain higher than pre-pandemic levels....
...Nats, which is a public-private partnership owned by a group of airlines — including British Airways and easyJet — pension funds and the UK government, runs the airspace over the UK and the eastern part...
...Tata Steel and British Steel are also facing rising costs and cheaper competition from countries such as China....
...Nats — a public-private partnership owned by a group of airlines, including British Airways and easyJet, pension funds and the UK government — said engineers had been on site throughout the disruption, but...
...Hong Kong’s Cathay Pacific Airways is offering discounted fares from mainland China to the territory to help authorities boost voting turnout in a “patriots only” local election next month....
...Tata will invest £750mn to finance the restructuring, backed by a £500mn grant from the British government....
...But like other plants across the UK, it is facing a dearth of new orders from cash-strapped British train companies....
...British Airways, which in 2020 was fined £20mn for leaking customer data, said it would “provide support and advice” to relevant staff....
...British Airways chief executive Sean Doyle said it had been a “very challenging” time for Gatwick....
...HS2 is meant to open up a web of new connections in the Midlands, too....
...Nats — a public-private partnership owned by a group of airlines, including British Airways and easyJet, pension funds and the UK government — typically handles about 2mn flights a year....
...Earlier this year, GIC announced it was teaming up with BlackRock and the British Airways pension scheme to invest in a large mixed-use real estate project in London’s King’s Cross district....
...Yet the relationship between Nats and its airline customers is complicated because some, including British Airways, easyJet and Virgin Atlantic, are also part owners....
...A similar walkout over Easter forced British Airways to cancel scores of flights in advance, but had little impact on passengers’ journeys on strike days....
...IFM, which has about $140bn in assets, owns 35.5 per cent of Manchester Airports Group, which also owns London Stansted and East Midlands airports....
...Heathrow and some of its biggest airline customers, including British Airways and Virgin Atlantic, have been at loggerheads over whether the airport should be allowed to increase its fees following the pandemic...
...Unite the union said on Friday that 950 ground staff would walk out between July 28 and August 1 and between August 4 and August 8, affecting airlines including British Airways, easyJet, Ryanair, Tui, WestJet...
...But the domestic Tory focus is on Tamworth in the West Midlands and the seat of Mid Bedfordshire, 50 miles north of London, where the success of Sunak’s conference “relaunch” is about to be tested....
...The results of this, and higher fuel costs, will probably be reflected in the results of British Airways owner IAG, out on Friday. What is important for your work diary this week?...
...British Airways said that, like other airlines, it was working with Heathrow to ensure “robust contingency plans” were in place....
...Aviation veteran Willie Walsh, chief executive of industry trade group Iata and former boss of British Airways, on Wednesday hit out at the “disappointing” performance of air traffic control bodies in Europe...
...Airline shares such as easyJet and British Airways owner International Consolidated Airlines reported strong growth in passenger numbers....
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