News

Willie Walsh got a new job this month: the Irish government hired the British Airways supremo as chairman of advisers to its state debt agency. And the latest evidence of the impact of Mr Walsh’s drastic cost-cutting at International Airlines Group (IAG) suggests the Irish couldn’t have found a better person for the job.

Ryanair is now slashing capacity over winter, grounding as many as 80 aircraft to cut costs

Low-cost airline Ryanair goes into a steep dive after shock profits warning

Firm is now slashing capacity over winter, grounding as many as 80 aircraft to cut costs

The Business Matrix: Saturday 3 August 2013

Ocado co-founder sells £3.3m shares

IAG boss Willie Walsh has said Heathrow expansion is now unlikely

IAG boss Willie Walsh: no Heathrow expansion now

BA boss says issue 'too politically sensitive'

IAG issues $927m bonds backed by new planes

British Airways has launched a $927m (£603m) publicly traded bond issue, using 14 of its new planes as collateral.

British Airways has ordered 18 new Airbus A350 aircraft

BA orders 18 new Airbus A350 aircraft

British Airways has ordered 18 new Airbus A350 aircraft as part of a move to phase out a fleet of 30 Boeing aircraft over the next 10 years.

International Airlines chief Willie Walsh slams Government over visas and Heathrow

Airlines chief Willie Walsh today renewed his assault on the Government’s tourism policy, warning Heathrow will be eclipsed by faster-growing hub airports and British travellers face tougher travel restrictions from countries frustrated by our visa regime.

Business week in review

In profit...

IAG scales down job cuts at Iberia after union clashes

International Airlines Group, the owner of British Airways and Iberia, yesterday looked to have won a major battle with unions and ended the threat of strikes at its Spanish airline with a deal that will still see it save €250m (£218m) a year.

Willie Walsh's bonus shot down as Iberia airline's performance nosedives

Spanish airline Iberia's dire performance cost International Airlines Group boss Willie Walsh his annual bonus today.

James Moore: The going is good so who will rock boat on pay?

Outlook AGM season is upon us, and that means another bust-up over pay at easyJet.

Travel Challenge: A Cuban adventure

Each week, we invite three companies to offer us their best deal for a specific break. Today: a two-week tour of Cuba. Prices are per person, based on two people travelling together. Each includes 14 nights' accommodation and flights from London to Havana at the end of February.

The true cost of business at any price

Never mind the planet, there are air miles to run up and cars to drive faster. Something for the junior brides to reminisce about one day, then...

Simon Calder's Holiday Helpdesk: Travel from Chile to the UK

Every day our travel guru answers your travel questions

Britain is still living in old world, says BA chief Walsh

Willie Walsh, chief executive of the owner of British Airways, has condemned the Government's economic recovery plans, warning: "I don't see an agenda for growth in this country."

Britain has no agenda for growth, says Walsh

Airlines boss wants ministers to end visa restrictions and boost trade with new markets
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