british airways plc

July 30 -- John Strickland, director and aviation consultant at JLS Consulting, talks about British Airways Plc's first-quarter loss and the outlook for further industrial action.

British Airways PLC and Spain's Iberia SA have signed a merger deal to create one of the world's biggest airline groups, the companies announced Thursday.

British Airways PLC said Friday that its cost-cutting drive has put the airline on the right course but won't save it from posting record losses in the current fiscal year.

British Airways PLC says it is shedding 1,000 fulltime jobs and putting 3,000 more employees on part-time work and reducing size of cabin crews at Heathrow in an effort to get the troubled airline's finances back in order.

British Airways PLC warned there were "no visible signs of improvement" in the recession-hit airline industry as it posted a 94 million pound quarterly loss Friday, despite noting a seasonal summer uptick.

British Airways PLC warned there were "no visible signs of improvement" in the recession-hit airline industry as it posted a 94 million pound ($155.5 million) quarterly loss Friday, despite noting a seasonal summer uptick.

British Airways PLC announced Friday it will ground aircraft, slash seat numbers and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in passengers.