Tag: UK

British Airways Owner IAG Raises Є 1.2 Billion in Bond Issue
The UK Removes 87% of Countries from Red Travel List

Reading Time: < 1 minute Traveling to the UK from now on will be easier as the United Kingdom removes 87% of countries on its red travel list. For most of 2021, South Africa has been on the list of these countries. Currently, it will drop off the list along with Mexico, Brazil, and 44 other nations. The following countries […]

Airbus
The US Relaxes Its European Travel Ban in November

Reading Time: < 1 minute From November 2021, the US will likely lift its ban on travel from Europe to the States. For 18 months, only US citizens, immediate family members and those on a shortlist of exemptions have been allowed to enter the US from the EU and UK. Now, President Biden has announced the repealing of the ban, […]

British Airways
British Airways Adds Thousands of Extra Seats Between the US, EU and UK

Reading Time: < 1 minute British Airways plans to add extra seats on some routes from London to the US following the government’s announcement about no quarantine requirement for fully vaccinated travelers from the US and EU. The new policy comes into force on August 2nd, so British Airways wants to be ready for a surge in bookings. “Within a […]

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 […]

Virgin Atlantic in Need of Government Support to Survive

Reading Time: < 1 minute The existing and future impacts of the current crisis are still difficult to determine, however, many aviation companies are already fighting their (last) battle for survival. Another among the endangered airlines appeared to be a British airline Virgin Atlantic. In an open letter to the employees, the founder of the Virgin Group, Richard Branson, said […]

Confirmed: Flybe Collapses and Cancels All Flights

Reading Time: 2 minutes Flybe, a British airline, has announced it entered into administration. All the flights were grounded and “the UK business has ceased trading with immediate effect”, said the statement on the official website of the carrier. The airline has been struggling for a while. In January Flybe was in talks with the UK government over the […]

Uncertain Future: Flybe at Risk of Collapse Again?

Reading Time: < 1 minute Europe’s largest regional airline Flybe is on the verge of collapse once again, Sky News reports. The news portal provides that the airline is facing financial problems and is trying to secure additional money to keep the carrier alive. Flybe, in turn, has refused to disclose any details or confirm any of the reports. According […]

British Airways Owner Stops Selling Shares to Non-EU Investors

Reading Time: < 1 minute IAG, the owner of British Airways, announced that it stops selling its shares to non-EU investors. Under the EU rules, at least 50% of an airline’s stock must be EU-owned. Currently, the amount of shares owned by non-EU investors in the IAG reaches 47.5 per cent. IAG Group includes 5 airlines: Aer Lingus, British Airways, Iberia, […]

Ryanair: Post-Brexit Flights Secured

Reading Time: < 1 minute Ryanair, an Irish low-cost carrier, is intensively preparing for as smooth transition of its operations as possible after Brexit goes into effect in March 2019. On 3rd January the airline confirmed that Ryanair UK was issued an Air Operator’s Certificate (AOC) by the UK CAA. This way the airline will be able to operate domestic […]

UK Flights to Europe Can Face Problems Already in March 2019

Reading Time: < 1 minute The UK government has laid bare how Europe-bound flights from the UK could be grounded in the event of a no-deal Brexit in March 2019. The government published new documents on Monday explaining that if it is unable to reach a comprehensive Brexit deal with its European Union counterparts, UK-based airlines would have to seek […]