Tag: British Airways

British Airways Owner IAG Raises Є 1.2 Billion in Bond Issue
British Airways Owner IAG Raises Є1.2 Billion in Bond Issue

Reading Time: < 1 minute British Airways and Aer Lingus owner IAG raised Є1.2 billion ($1.43 billion) in a bond issue. The company explained the raised funds would help it get through the rest of the pandemic. Originally, IAG planned to raise Є1 billion, but the demand was higher than expected, enabling it to raise Є1.2 billion. According to IAG, […]

British Airways Has Secured A £2 Billion State Loan

Reading Time: < 1 minute British Airways, a part of the International Airlines Group (IAG), to which Iberia and Aer Lingus belong, has received a £2 billion loan guaranteed by the state-backed credit agency UK Export Finance (UKEF). The agreement implies that BA will borrow the money from a syndicate of banks, but the Government will be partially liable if […]

British Airways Closes Lounges in London Heathrow Due To UK Lockdown

Reading Time: < 1 minute Following the UK government announcement of a ban on non-essential travel during a four-week national lockdown period, British Airways are closing all their lounges at London Heathrow airport from 5 November. UK Government legislation does not officially communicate a mandatory requirement to keep the lounges closed; hence, concerns about the passengers’ safety might be the […]

British Airways Boeing 747 to Become Film and TV Set

Reading Time: 2 minutes A British Airways 747 will today depart for Dunsfold Aerodrome where it will begin its new life as a TV and film set. The aircraft, registration G-CIVW, will land at Dunsfold Aerodrome in Surrey. In July, the British airline announced that it was grounding its fleet of 747s following the damaging impact that the Covid-19 […]

Willie Walsh steps off controls of IAG

Reading Time: < 1 minute Willie Walsh steps down as CEO of IAG to Luis Gallego after the British Airways and Iberia owner’s annual meeting on Tuesday, informs Reuters. Former pilot Walsh delayed his departure from International Consolidated Airlines Group (ICAG.L), which he created by dragging BA and Iberia into the modern age of budget flying, taking a tough line […]

First of Last British Airways Boeing 747 Leaves the Fleet

Reading Time: < 1 minute British Airways retires its first Boeing 747 since announcing last month that all 31 of its jumbo jets had sadly flown their last commercial services. The Boeing 747-400, registration G-CIVD, departed from London Heathrow on 18 August at 9 am local time under flight number BA9170E after more than 25 magnificent years of flying. British […]

Sad Farewell: British Airways to Retire Entire Boeing 747 Fleet

Reading Time: < 1 minute Prior to the crisis, British Airways was world’s largest operator of Boeing 747 ”Queen of the Skies”. However, the aircraft type has become a victim of the coronavirus pandemic. In light of the decreased demand for air travel, the airline announced it is about to retire its entire fleet of superjumbos with immediate effect. “It […]

British Airways Owner IAG Raises Є 1.2 Billion in Bond Issue
British Airways Welcomes First Boeing 787-10 to the Fleet

Reading Time: < 1 minute British Airways has become the first airline in Europe (third in the world) to operate all three variants of Boeing 787 Dreamliner. Recently the brand new Boeing 787-10 has supplemented the fleet of  30 787s (12 -8s, and 18 -9s). Still 12 Boeing 787-10 aircraft are on the order list. The aircraft has reached the […]

British Airways to Cut up to 12,000 Jobs Due to the Crisis

Reading Time: < 1 minute The coronavirus pandemic has hardly hit business of British Airlines. The parent company of the carrier has announced that British Airways will cut up to 12,000 jobs. According to International Airlines Group (IAG), in order to align operations with a low demand for air travel, British Airways needs to implement “restructuring and redundancy programme“. “The […]

Ground Accident: British Airways A350 and Emirates Boeing 777

Reading Time: < 1 minute Some minor aircraft damages happen even when planes are empty and most of them are put into hibernation. British Airways Airbus A350-1000 and Emirates Boeing 777-300ER were involved in ground accident in Dubai. Most probably, the BA’s A350 was being pushed back and getting ready to depart from the Dubai International Airport when it struck, […]