On Friday, IAG, the owner of British Airways said, during the first quarter of this year, it saw a strong recovery in business travel and that it expects to be profitable from the second quarter onwards for the full year…. Read More ›
IAG
British Airways likely to suspend 36,0000 employees
In a news bulletin, BBC News said, IAG-owned British Airways is likely to announce the suspension of around 36,000 employees. The development comes in the wake of the airline reaching a broad deal with Unite union that will include “suspension… Read More ›
Qantas Airways pledges to slash carbon emission to net 0 by 2050
In a development that marks growing awareness towards climate change, on Monday, Qantas Airways Ltd pledged to slash its carbon emissions to net zero by 2050. Its pledge comes in the wake of IAG also doing the same. “We’re doing… Read More ›
Airbus surges ahead with orders from big buyers at Paris Airshow
The A321neo is the most efficient single-aisle jet currently in the market. In a significant development, Airbus made a strong headway in getting orders and sealed deals with big buyers for its latest passenger jet, the A321XLR, at the Paris… Read More ›
Lufthansa in preliminary takeover talks with Norwegian Air
The M&A scene is heating up in Europe. On Monday, Lufthansa’s CEO disclosed, the air-carrier is in touch with Norway’s Air Shuttle for a potential takeover. Incidentally, British Airways owner IAG is also sniffing around for a potential deal. “In… Read More ›
manageria.biz 