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...British Airways owner International Airlines Group has reported record annual profits as it cashed in on “sustained” demand for leisure travel at high prices, including from holidaymakers filling business...
...In the US, the average upward revision to the first release has been 0.4 percentage points annualised, in Europe it’s been 0.5 percentage points, in China it’s been 0.2 percentage points, and in Japan 0.3...
...Five US carriers have raised bag fees by $5 in the past two months, starting with Alaska Airlines and JetBlue Airways in January and February, then American Airlines, United Airlines and Delta in a two-week...
...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....
...US market....
...The Houthis said the strike on the Rubymar was also in retaliation for the recent US and British bombing of the Yemeni group’s military facilities....
...There has also been a push from consumer groups and airports to stop the wave of consolidation, amid questions over whether airline takeovers in the US have benefited consumers....
...Barclays operates a partnership model in the US market, running co-branded credit cards for 20 companies including The Gap, JetBlue Airways and the AARP....
...It is “a big obstacle” for Ethiopian Airlines and affects “nearly all African airlines” who are not able to expand their services, Ethiopian Airlines Group chief executive Mesfin Tasew told the Financial...
...“Through those negotiations, the unions become weaker because they are incorporated [into the management side],” she added....
...Around 24,000 workers at British Airways have accepted a deal that will increase their pay by 13 per cent, the union Unite announced on Friday....
...“We have incorporated the Israeli team in the inspection procedure carried out in Cyprus.”...
...Annual SAF production tripled in 2022 to 300mn litres from the previous year, according to trade group Iata....
...all over the world” including the US, UK and Australia....
...Imam also called for Pakistan’s intelligence services to be more closely incorporated into efforts to combat terrorism....
...Recently, courts in Delaware, where most US companies are incorporated, have started to draw a line in the sand over bylaw changes, despite their record of deferring to companies’ discretion....
...Specialised state and federal courts are not unusual in the US. But in business matters, Delaware and New York state law remain pre-eminent....
...We used to joke that he resembled a United Airlines pilot, or perhaps chief purser on British Airways....
...Life is sweeter if you’re part of the US market’s so-called Magnificent Seven, the biggest tech groups whose share prices continue to soar. But regulators are circling....
...None of the fuel for that landmark flight came from the UK and was instead shipped in from the EU and US....
...Back in January 2023, for example, I asked a group of top executives to predict US inflation trends. Most forecast a figure above 6 per cent in 2024, way above the current 3.4 per cent....
...Some of these get announced but do not close quickly for regulatory reasons such as the planned combination of JetBlue Airways and Spirit Airlines....
...SoftBank itself sued IRL’s former chief executive Shafi and members of his family in July, in a lawsuit that is likely to be contested, claiming the founder had defrauded the Japanese group by lying about...
...Airlines: The antitrust trial against US carriers JetBlue Airways and Spirit Airlines begins....
...British Airways, Boots and the BBC were among the groups to warn employees on Monday they had been affected by the breach that hit software used by Zellis, the UK payroll provider which serves nearly half...
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