British Airways Plc
News and overview for British Airways Plc
British Airways loss widens as revenue slumps - MarketWatch
MarketWatch | 16 days 17 hours 44 minutes ago
Revenue dropped 51% to 1.22 billion pounds.
Research and Markets: 2009 Plimsoll Analysis - Airlines - A Comprehensive Profile of 88 Companies Operating in the UK Market [Press Release]
Business Wire | 4 days 12 hours 26 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/86a8c1/2009_plimsoll_anal) has announced the addition of the "2009 Plimsoll Analysis - Airlines - A comprehensive profile of 88 companies operating in the UK market" report to their offering.
British Airways Pleads Guilty in Air Cargo Price-fixing Conspiracy [Press Release]
MarketWire | 23 days 7 hours 22 minutes ago
OTTAWA, ONTARIO -- (Marketwire) -- 10/30/09 -- The Competition Bureau announced today that British Airways Plc has pleaded guilty in the Federal Court and has been fined $4.5 million for participating in an air cargo cartel affecting Canada.
British Airways, Iberia talk up $7B merger
Oregonian (Portland), The | 9 days 9 hours 10 minutes ago
British Airways PLC and Spain's Iberia SA talked up the benefits of a proposed $7 billion merger today, dismissing criticisms that the deal could increase fares, reduce competition and drag down service standards at Britain's flagship carrier.
Research and Markets: Airlines - an Essential World Market Analysis [Press Release]
Business Wire | 5 days 15 hours 26 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/6ed7ef/airlines_a_world) has announced the addition of the "Airlines - A World Market Analysis" report to their offering.
British Airways confirms board talks on potential merger with Spain's Iberia
Sun (Baltimore), The | 10 days 12 hours 13 minutes ago
British Airways PLC and Spanish airline Iberia SA confirmed they are holding separate board meetings Thursday about a long-awaited merger, responding to feverish speculation that has sent the companies' shares soaring.
BA and Iberia: merger positive for passengers
Richmond Times-Dispatch (Va.) | 9 days 10 hours 23 minutes ago
LONDON (AP) -- British Airways PLC and Spain's Iberia SA talked up the benefits of a proposed $7 billion merger on Friday, dismissing criticisms that the deal could increase fares, reduce competition and drag down service standards at Britain's flagship carrier.
BA chief says Iberia deal won't raise fares
Yahoo! | 9 days 17 minutes ago
LONDON – British Airways PLC began a charm offensive about its proposed merger with Spain's Iberia SA Friday, dismissing suggestions the deal would increase fares or reduce standards at Britain's flagship carrier.
British Airways-Iberia merger under consideration
Yahoo! | 10 days 7 hours 2 minutes ago
LONDON – British Airways PLC and Spanish airline Iberia SA confirmed they are holding separate board meetings about a long-awaited merger, responding to feverish speculation that has sent the companies' shares soaring.
Iberia, British Airways approve agreement establishing basis for merger -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 10 days 6 hours 26 minutes ago
MADRID (AP) — Iberia and British Airways have approved an agreement establishing the basis for a merger, the Spanish carrier said late Thursday.
BA, Iberia agree on basis for combined company
Yahoo! | 9 days 13 hours 52 minutes ago
LONDON – British Airways PLC and Spanish airline Iberia SA said late Thursday they have reached an agreement to form a new company in which BA would hold a controlling 55 percent.
BA confirms board talks on Iberia merger deal
Yahoo! | 10 days 9 hours 57 minutes ago
LONDON – British Airways PLC and Spanish airline Iberia SA confirmed they are holding separate board meetings Thursday about a long-awaited merger, responding to feverish speculation that has sent the companies' shares soaring.
BA, Iberia say deal reached on basis for merger
Forbes | 10 days 6 hours 1 minute ago
LONDON -- British Airways PLC and Spanish airline Iberia SA announced late Thursday they have reached an agreement for a planned merger between the two companies.
British Airways, Iberia eye merger
Globe and Mail (Toronto), The | 10 days 14 hours 19 minutes ago
Two airlines began talks more than a year ago; both companies' shares surged on speculation that a deal may be imminent
British Airways, Iberia shares up on merger news
Forbes | 9 days 18 hours 52 minutes ago
LONDON -- Shares in British Airways PLC and Iberia SA rose Friday morning as the market reacted to the airlines' confirmation late Thursday that they had agreed to merge.
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Company Overview
| Company: | British Airways Plc |
|---|---|
| Industry: | Airlines |
| Website: | http://www.british-airways.com |
A member of the royal family of European airlines, British Airways (BA) serves about 150 destinations in some 75 countries from hubs at London's Heathrow and Gatwick airports. The carrier operates a fleet of more than 240 aircraft, consisting mainly of Airbus and Boeing jets. BA extends its network to more than 500 destinations via code-sharing relationships, chiefly with AMR's American Airlines and other members of the Oneworld global marketing alliance, such as Iberia and Qantas. Among Europe's flag carriers, BA is outranked only by the combined Air France-KLM and by Lufthansa. In November 2009 BA agreed to merge with Iberia, Spain's #1 airline.
Key Numbers
| Sales in U.S. Dollars (mil.) | 12,776.7 (2009) |
|---|---|
| One-year % Growth in Sales | -26.8 (2009) |
| Net Income in U.S. Dollars (mil.) | -508.7 (2009) |
| One-year % Growth in Net Income | 0.0 (2009) |
| Number of Employees | 45,140 (2008) |
| One-year % Growth in Number of Employees | 3.8 (2008) |
| Fiscal Year-End | March |