Articles tagged “International Airlines Group”

What the Ouster of the British Airways CEO Tells Us About the State of European Airlines

What the Ouster of the British Airways CEO Tells Us About the State of European Airlines

Airline Weekly

Alex Cruz, British Airways' CEO since 2016, is out, replaced by Aer Lingus CEO Sean Doyle, as parent company International Airlines Group retrenches for a dark winter ahead. European airlines had seen hope early in the summer, but second-wave coronavirus outbreaks and quarantines in many countries have put a damper on demand.

1 week ago

United and American Air CEOs Ask European Governments to Loosen Restrictions on Transatlantic Travel

United and American Air CEOs Ask European Governments to Loosen Restrictions on Transatlantic Travel

Brian Sumers, Skift

This reeks of desperation. What the CEOs are suggesting likely would be a logistical nightmare. How about the United States gets Covid-19 under control, and then the governments can figure out a solution?

3 months ago

Virgin Atlantic Unveils Massive Growth Plans With a (Major) Catch

Virgin Atlantic Unveils Massive Growth Plans With a (Major) Catch

Brian Sumers, Skift

On a branding and product level, Virgin Atlantic has long punched above its weight. But overall, Virgin Atlantic is just another undersize airline trying to squeeze out a profit amid intense competition. Perhaps Heathrow's expansion will change that. But don't bet on it.

1 year ago

Boeing 737 Max Gets a Lift With 200-Jet Order From British Airways Parent IAG

Boeing 737 Max Gets a Lift With 200-Jet Order From British Airways Parent IAG

Brian Sumers, Skift

International Airlines CEO Willie Walsh likes a good deal. We're guessing he found one here. Clearly he's betting travelers have short memories.

1 year ago

Air France-KLM CEO Says Company Would Consider Buying a Competitor

Air France-KLM CEO Says Company Would Consider Buying a Competitor

Brian Sumers, Skift

The Air France-KLM merger has been a textbook example of how hard it is to meld corporate cultures. But CEO Ben Smith isn't letting that deter him from taking a look at new acquisitions. Too soon?

1 year ago

European Governments See Renewed Importance of National Airlines

European Governments See Renewed Importance of National Airlines

Brian Sumers, Skift

European governments once believed they could rely on the market to ensure their links to the outside world. But many are starting to become more protective of their national airlines. In many ways, it is a return to the past.

1 year ago

British Airways Unions Threaten Labor Action Over Pay

British Airways Unions Threaten Labor Action Over Pay

Irene García Pérez and Benjamin Katz, Bloomberg

British Airways CEO Alex Cruz is in a rough spot. His employees have the leverage to disrupt the airline's operations. But Cruz can't give away too much, or his airline will be unable to compete with discounters on short-haul routes.

2 years ago

British Airways Parent Chooses Boeing’s New Widebody to Replace Aging Jets

British Airways Parent Chooses Boeing’s New Widebody to Replace Aging Jets

Julie Johnsson, Benjamin Katz and Irene García Pérez, Bloomberg

The Boeing 777-9 is a gigantic airplane for its time, and not all airlines are sold on it. But London is a huge market, so it's no surprise British Airways is confident it can fill all those seats.

2 years ago

British Airways Takes Tough Line With Unions Amid Brexit Uncertainty

British Airways Takes Tough Line With Unions Amid Brexit Uncertainty

Benjamin Katz, Bloomberg

Britain's flagship carrier is refusing to offer its staff a standard three-year accord. It's proposing only a one-year deal due to uncertainty about Brexit. While unions dislike the move, British Airways does need to manage the risks of the UK's planned exit from the European Union in March.

2 years ago

Can Norwegian Air Survive?

Can Norwegian Air Survive?

Brian Sumers, Skift

We suspect Norwegian Air, which is in weaker financial shape than most passengers might expect, will survive 2019. But the first quarter will be an important harbinger of things to come. It's always a rough period for European airlines because leisure demand is slow.

2 years ago

Labor Wants a Bigger Slice of British Airways’ Profits

Labor Wants a Bigger Slice of British Airways’ Profits

Benjamin Katz and Ellen Milligan, Bloomberg

By many accounts, International Airlines Group, owner of British Airways, is the most successful airline company in Europe. It's no surprise British Airways employees want a piece of the profits. But the parent company always keeps a close eye on costs, so it will be interesting to see what British Airways offers.

2 years ago

British Airways May No Longer Want More Superjumbo Jets

British Airways May No Longer Want More Superjumbo Jets

Benjamin Katz, Bloomberg

British Airways is one of the only airlines in the world that might want to take more Airbus A380s, if the price is right. Considering the narrow market, Airbus may have to make British Airways an offer it can't refuse. Otherwise, the airline will look elsewhere for large jets.

2 years ago