British Airways posted another record loss for its fiscal year ending March 31, as the recession, labor strife and adverse winter weather conspired to negate the some £1 billion ($1.435 billion) in cost savings the company managed to implement during the period. Losses before taxes totaled £531 million ($762 million), compared with the preceding fiscal year’s record loss of £401 million ($575 million).
British Airways posted another record loss for its fiscal year ending March 31, as the recession, labor strife and adverse winter weather conspired to negate the some £1 billion ($1.435 billion) in cost savings the company managed to implement during the period. Losses before taxes totaled £531 million ($762 million), compared with the preceding fiscal year's record loss of £401 million ($575 million).
Ash from a volcano in Iceland brought disruption to European air transport last month on a scale that far exceeded the combined efforts of global terrorism and the financial crisis. Huge swaths of the continent’s airspace were closed for prolonged periods and hundreds of thousands of travelers were stranded at various points around the world for days on end.
The weeks preceding the unforeseen losses caused by Europe's volcanic ash crisis saw improved trading conditions across much of the airline sector and, in its wake, revived momentum for long-anticipated consolidation between carriers on both sides of the Atlantic.
A fuel-flow restriction at the fuel/oil heat exchanger (FOHE) on the right engine and “most likely” on the left-hand FOHE resulted in the January 2008 crash of a 777
British safety officials have issued recommendations for flight-data recorders (FDRs) to record engine fuel-metering information and for reviews of landing-gear failure requirements and Boeing 777 data buffering. Accident investigators call for the action among nine safety recommendations in the final report of the Jan. 17, 2008, British Airways Boeing 777-236ER accident at London Heathrow Airport, which was released on Tuesday.
Qatar Airways (Stand C130) is again at the Dubai Airshow on Emirates Airlines’ home turf evidently to remind its rival that it can’t have this prosperous territory all to itself. Along with Abu Dhabi’s Etihad Airways, the Doha-based carrier has adopted a very high profile as it seeks to take a share of the market to provide long-haul connecting service through its Gulf hub.
It might seem only months since Airbus launched the mighty A380-800, but the double-deck, quad-aisle superjumbo marked the second anniversary of its first commercial flight on October 25 and will soon have entered service with five airlines on many of the world’s most important routes.
Embraer delivered British Airways’ first 76-seat Embraer E170 on September 3, marking the start of a schedule that calls for delivery at a rate of roughly one airplane a month. Assigned to its CityFlyer regional subsidiary, BA’s orders encompass six E170s and five 98-seat E190s, the first of which it plans to take “early next year.” BA planned to launch E170 operations on September 28 from London City Airport to Edinburgh, Scotland.