Entries tagged "British Airways plc"
British Airways plc's ambitious attempt to pull off two major transactions and create the world's leading carrier ended Thursday, with news that short-lived talks with Australia's Qantas Airways Ltd. had collapsed. The development comes just two weeks after BA surprised investors -- and would-be merger partner Iberia Líneas Aéreas de España SA -- by announcing talks with the Australian airline. ...
Buffeted by the twin gusts of soaring fuel prices and slumping traffic, European airlines are looking for partners, in either full-fledged mergers or more limited alliances, and state owned carriers are deciding the time has come to privatize. ...
British Airways plc sees some turbulence in its horizon. After announcing July 29 that it is negotiating a merger with Spanish airlines Iberia Líneas Aéreas de Espana SA, the British carrier confessed three days later that it has revised its earnings outlook downwards for the full year....