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May 10, 2019
05/19
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will go on to groups like iag.s like iag. one of its biggest strength is that it has a wide portfolio, it covers different business models, it attracts customers and brands. the premium end of the customers with airlines like british airways and iberia so it's covered in all angles and is very flexible in how it deploys that capacity, willing to move aircraft and routes as it sees changes in the marketplace. since its formation with the merger of ba and iberia, iag has been mopping up allies. today, thomas cook has been ruled out but can we expect iag to add further airlines? i think it's interesting to me that they pulled away from the region, i primarily a low—cost airline, a new business model proving popular with customers. it has a lot of challenges to address which i think is what made iag pull away from it. i think they will selectively look at other airlines let fit in with theirfamily, so at other airlines let fit in with their family, so to speak. all the other airlines that have come and have been profit
will go on to groups like iag.s like iag. one of its biggest strength is that it has a wide portfolio, it covers different business models, it attracts customers and brands. the premium end of the customers with airlines like british airways and iberia so it's covered in all angles and is very flexible in how it deploys that capacity, willing to move aircraft and routes as it sees changes in the marketplace. since its formation with the merger of ba and iberia, iag has been mopping up allies....
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May 30, 2017
05/17
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where is the chief executive of iag 7 disgrace. where is the chief executive of iag?at about the chief executive of ba? yes, the big honcho is the head of iag. the silence has been deafening. yesterday in madrid, shares fell by 396 yesterday in madrid, shares fell by 3% which i thought was very generous. i think they will fall 10% soon. we have seen generous. i think they will fall 10% $00". we have seen a generous. i think they will fall 10% soon. we have seen a very different view on this, we saw that this was a two—week wonder. everyone will be very angry, shares will go down, and then ina very angry, shares will go down, and then in a few weeks, when you're booking your next flight, you will look out british airways and think, 0k, fine. it depends what else is out there. you've got to think of the business flow over a year. i think they could be damaged for a period of six weeks. what would you be advising them to do? people were having to pay hundreds of pounds to get on a different flight. they didn't get compensation. they will get compensation. but they have h
where is the chief executive of iag 7 disgrace. where is the chief executive of iag?at about the chief executive of ba? yes, the big honcho is the head of iag. the silence has been deafening. yesterday in madrid, shares fell by 396 yesterday in madrid, shares fell by 3% which i thought was very generous. i think they will fall 10% soon. we have seen generous. i think they will fall 10% $00". we have seen a generous. i think they will fall 10% soon. we have seen a very different view on...
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Aug 2, 2019
08/19
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that is iag, i promise you. oil prices moving up 2.73%.t the euro, the pound down against the euro below one .10. still a better way before the lowest it's been, but not looking too strong at the moment. we are here and now that president trump spoke to new prime minister borisjohnson trump spoke to new prime minister boris johnson yesterday to discuss new areas of cooperation, especially relating to trade. the president has reiterated his strong appreciation for the special relationship between the us and the uk, noted he is looking forward to meeting the prime minister at the g7 summit later this month. the trade war between the united states and china also escalating today, beige and threatening to unleash what it calls countermeasures against us plans to impose tariffs on chinese goods. and the quote from the foreign ministry spokeswoman was, china expresses its strong dissatisfaction and resolute opposition, and if the us implements the talent measures, they will have to ta ke the talent measures, they will have to take measures to re
that is iag, i promise you. oil prices moving up 2.73%.t the euro, the pound down against the euro below one .10. still a better way before the lowest it's been, but not looking too strong at the moment. we are here and now that president trump spoke to new prime minister borisjohnson trump spoke to new prime minister boris johnson yesterday to discuss new areas of cooperation, especially relating to trade. the president has reiterated his strong appreciation for the special relationship...
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Apr 29, 2020
04/20
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iag says the recovery of passenger demand to 2019 levels will take years. homes in england are to be eligible for coronavirus tests from wednesday, whether they have symptoms or not. scotland, wales and northern ireland are expected to follow soon. latest figures suggest a third of all deaths in england and wales related to covid—19 are in care homes. they've not been included in official figures so far. 0ur social affairs correspondent, alison holt reports. at st cecilia's nursing home in scarborough, like many homes across the country, they believe the fight they have been waging against coronavirus for weeks is only now being reflected in officialfigures. this is the area that we will have for anyone that's being barrier nursed. they locked down early, have areas set aside for nursing coronavirus residents, and people stick to their rooms. but still, across the three homes in the group, they've had 11 deaths, four confirmed as covid—19. i was called and did see her for the last — on the day that she died... one of the residents who died was reg kemp's wi
iag says the recovery of passenger demand to 2019 levels will take years. homes in england are to be eligible for coronavirus tests from wednesday, whether they have symptoms or not. scotland, wales and northern ireland are expected to follow soon. latest figures suggest a third of all deaths in england and wales related to covid—19 are in care homes. they've not been included in official figures so far. 0ur social affairs correspondent, alison holt reports. at st cecilia's nursing home in...
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Aug 3, 2018
08/18
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this is notjust disrupting iag, but other carriers.pean commission to enforce the overflight rules, which is part of free movement within the eu. and this is very important. the airlines including iag are saying we are not challenging the controllers right to strike, but why can we not fly over the airspace? why do we have to have the airspace? why do we have to have the flights disrupted ? the airspace? why do we have to have the flights disrupted? when that happens, diverted flights will increase the fuel consumption and eventually the house and knock on impact on the airline ticket price. that is one challenged airlines. another, the rising fuel costs. exactly. and they are showing no signs of abating. 0bviously, fuel, isa signs of abating. 0bviously, fuel, is a fact of life for people. it is something they have to live with. it is their bloodline. they need that fuel to be able to operate, so some airlines hedge against that so that they can manage through the lean times. 0bviously, they have to keep a weather eye on the cost of fu
this is notjust disrupting iag, but other carriers.pean commission to enforce the overflight rules, which is part of free movement within the eu. and this is very important. the airlines including iag are saying we are not challenging the controllers right to strike, but why can we not fly over the airspace? why do we have to have the airspace? why do we have to have the flights disrupted ? the airspace? why do we have to have the flights disrupted? when that happens, diverted flights will...
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May 4, 2018
05/18
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norwegian airlines has rejected two separate takeover bids by the british airways owner iag.tes across the atlantic. it said that iag's bids fundamentally undervalue the firm and its prospects for further growth. iag also published some pretty healthy operating profits — up 75% for the first quarter of this year — and it's among the top risers on the ftse today. a bounce back for car sales. after months of falling sales, the industry has finally reported a rise in new car registrations of 10% in april. however, that should be put in context. it is 10% up on april 2017 when sales saw a massive 20% collapse on the introduction of new tax rules. a series of national competitions and programmes are under way, designed to identify, inspire and enable more young people to go into the cyber security profession. they are the winners of a contest designed by the bank and cyber security challenge uk to find the next generation of cyber defenders. they were asked to put together a plan to defend britain's central bank against cyberattacks. but how hard is it to find young people to take
norwegian airlines has rejected two separate takeover bids by the british airways owner iag.tes across the atlantic. it said that iag's bids fundamentally undervalue the firm and its prospects for further growth. iag also published some pretty healthy operating profits — up 75% for the first quarter of this year — and it's among the top risers on the ftse today. a bounce back for car sales. after months of falling sales, the industry has finally reported a rise in new car registrations of...
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Mar 14, 2020
03/20
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there are some major carriers, like iag, lufthansa, ryanair, these carriers, like iag, lufthansa, ryaups carriers, like iag, lufthansa, ryanair, these groups do have large amounts of cash but they will start to see that go down. it is the smaller carriers, or those that have not been around so long, that you have got to look at to question just how long they can survive. norwegian airlines, with air, alitalia, which has survived so many disasters over the years, can you come out of this? airlines will be sent to government, uk government, we badly need your help now. so far, the government has said we are not prepared to help you. it is going to be interesting to see if they do step in. when you realise just how much of an economic emergency this is, notjust a public health emergency. do airlines have insurance? yes, insurers backed them through the aircraft particularly, doggedly business insurance as well, but as we have seen, airlines do go under. flybe most recently in the uk, and coronavirus really was the nail on the coffin for them. i think you saw last week lufthansa of german
there are some major carriers, like iag, lufthansa, ryanair, these carriers, like iag, lufthansa, ryaups carriers, like iag, lufthansa, ryanair, these groups do have large amounts of cash but they will start to see that go down. it is the smaller carriers, or those that have not been around so long, that you have got to look at to question just how long they can survive. norwegian airlines, with air, alitalia, which has survived so many disasters over the years, can you come out of this?...
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May 30, 2017
05/17
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shares in iag — the owner of british airways — are down.ing the cost of the disruption — with some estimates suggesting compensation and lost business could cost the airline £150 million. let's get detailed analysis of those stories and the effect they're having on the stock markets. jeremy cook is chief economist at world first — the currency exchange firm. good to see you. let's begin with ba. when you see how much the share price has moved, it is down a little. why you expecting bigger moves, or is that in line with the reaction you would expect from investors ? reaction you would expect from investors? i think there is more to come, to be honest. the reputational risk british airways brand has suffered over the last couple of yea rs suffered over the last couple of years as people realise costs are continuing to be cut, and the proposition is falling away. then there was a pick—up in share prices when they said they would charge for food and short—haul flights but if you cannot get the passengers to where they need to go, that's the ess
shares in iag — the owner of british airways — are down.ing the cost of the disruption — with some estimates suggesting compensation and lost business could cost the airline £150 million. let's get detailed analysis of those stories and the effect they're having on the stock markets. jeremy cook is chief economist at world first — the currency exchange firm. good to see you. let's begin with ba. when you see how much the share price has moved, it is down a little. why you expecting...
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Jun 2, 2017
06/17
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let's start with iag, are you surprised shares have risen in iag as opposed to falling?hey started trading this week there was a big reaction, but it's re cove red there was a big reaction, but it's recovered its poise and i think although the big issue is that there's been a pr disaster and that may have long—term consequences particularly because british airways sell premium brands and reputational damage may follow exactly unquantifiable. if you look at the bottom line, is this it outage going to stop people travelling on british airways f it a route they want to travel at a price they want the answer is probably no. the ftse hitting another record today. answer is probably no. the ftse hitting another record todaym fell back towards the latter half of the day, another record, is that about currency position or is something else in play? quite a lot of things in play, the currency in terms of movement we have seen, also arise in terms of the prospects for the commodity centre because of the rise in the oil price we have seen that's all helping. it's quite strange we h
let's start with iag, are you surprised shares have risen in iag as opposed to falling?hey started trading this week there was a big reaction, but it's re cove red there was a big reaction, but it's recovered its poise and i think although the big issue is that there's been a pr disaster and that may have long—term consequences particularly because british airways sell premium brands and reputational damage may follow exactly unquantifiable. if you look at the bottom line, is this it outage...
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Apr 30, 2020
04/20
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but iag has got liquidity of more than 8 billion sterling, hassan @?eyjust ride this one out quiz ever 8 billion sounds an awful lot, does and it? but if you look at ba there have been roughly 250 aircraft from the smaller airbus models to the very new a3 50s. if you look at roughly those leasing and financing costs, round about $125 million every month just to have those aircraft parked, just to finance them. that's $4 million a day. that is just them. that's $4 million a day. that isjust on the them. that's $4 million a day. that is just on the capital equipment, that does not pay for any of the other overhead. $8 billion can soon whittle away and i think it is important that any business and airline is having to look at its reserves to see how long it can keep going. perhaps i'm not surprised that some consolidation is required at british airways in terms of its hubs. terrible news for the workers there but phil seymour, thank you very much indeed forjoining us here on bbc news. a veteran of the struggle against apartheid in south africa, denis gold
but iag has got liquidity of more than 8 billion sterling, hassan @?eyjust ride this one out quiz ever 8 billion sounds an awful lot, does and it? but if you look at ba there have been roughly 250 aircraft from the smaller airbus models to the very new a3 50s. if you look at roughly those leasing and financing costs, round about $125 million every month just to have those aircraft parked, just to finance them. that's $4 million a day. that is just them. that's $4 million a day. that isjust on...
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Apr 28, 2020
04/20
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iag says the recovery of passenger demand to 2019 levels will take years.ple to wear cover theirfaces in enclosed public spaces, such as on public transport and in shops, in order to prevent the spread of coronavirus. the announcement marks a divergence with the uk—wide approach, with borisjohnson‘s government reportedly considering scientific evidence for introducing similar advice. a minute's silence was held across the uk this morning to commemorate the essential workers keeping the nation going, in the face of personal danger. more than a hundred nhs and care staff have died with coronavirus, as have many other key workers. china has insisted it should not be blamed for the covid—19 outbreak and has suffered along with the rest of the world during the pandemic. president trump has made it clear he feels beijing should have done more when the virus first emerged. but speaking to stephen sackur on our hardtalk programme, china's ambassador to the uk said, it was the virus, rather than his country, which the us should be targetting. i think presidency and
iag says the recovery of passenger demand to 2019 levels will take years.ple to wear cover theirfaces in enclosed public spaces, such as on public transport and in shops, in order to prevent the spread of coronavirus. the announcement marks a divergence with the uk—wide approach, with borisjohnson‘s government reportedly considering scientific evidence for introducing similar advice. a minute's silence was held across the uk this morning to commemorate the essential workers keeping the...
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Mar 16, 2020
03/20
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british airways owner iag is cancelling 75% of flights in april and may.e to ground most of its planes. the uk aviation industry wants more help from the government to survive a long—term travel freeze. there are lots of different ways to do that. one is to prevent those flights from having to take off nearly empty, those ghost flights that we have been dealing with, then there's things like time to pay, facilities through hmrc. be in no doubt, we understand the severity of what is going on. and other operators, including ryanair have warned that the grounding of entire fleets cannot be ruled out. so many airlines are cutting capacity. some are also laying off staff. it's not just capacity. some are also laying off staff. it's notjust the airlines but the other businesses that rely on them to get customers around. it's a crisis of unprecedented scale, and the industry are struggling to get his head round it. meanwhile, on the railways, monday morning rush—hour was much quieter than usual. more companies are asking staff to work from home, overfears about t
british airways owner iag is cancelling 75% of flights in april and may.e to ground most of its planes. the uk aviation industry wants more help from the government to survive a long—term travel freeze. there are lots of different ways to do that. one is to prevent those flights from having to take off nearly empty, those ghost flights that we have been dealing with, then there's things like time to pay, facilities through hmrc. be in no doubt, we understand the severity of what is going on....
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May 29, 2017
05/17
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it is iag that ordered these savings.systems if you go ahead with the it systems if you go ahead with the job cuts. however the executive said, we are in charge of the business, it is up to us to run the business, it is up to us to run the airline, and if we feel, we take the airline, and if we feel, we take the consequences for it. actually, they have failed. thank you very much. president macron of france and president macron of france and president putin of russia have said they will intensify efforts to solve they will intensify efforts to solve the conflicts in syria and ukraine. former blue peter presenterjohn noa kes former blue peter presenterjohn noakes has died at the age of 83. i'm upside down! oh! i'm sure it does me good! how's that, then? blue peter has had many presenters, butjohn noakes was special — the cheery, funny daredevil from halifax.
it is iag that ordered these savings.systems if you go ahead with the it systems if you go ahead with the job cuts. however the executive said, we are in charge of the business, it is up to us to run the business, it is up to us to run the airline, and if we feel, we take the airline, and if we feel, we take the consequences for it. actually, they have failed. thank you very much. president macron of france and president macron of france and president putin of russia have said they will...
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Jul 30, 2021
07/21
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iag has always — dump this stock? i don't think so. iag has always been _ dump this stock?s, who were in a lot of pain in terms of the relationship with unions and the need, sadly, lose jobs. it was no doubt necessary. that reflects on the performance today which ultimately protects the long—term business. john today which ultimately protects the long-term business. john strickland, thank ou. the world already produces enough food to feed everyone on the planet, yet millions go hungry. why? food waste. the amount of good food going in the bin every year is enough to fill 23 million 40—tonne trucks. bumper—to—bumper, enough to circle the earth seven times. and all that food costs money. in fact, the average household could save almost $1000 year by buying only the food they ate. now an army of waste warriors is taking action to help us all tackle the problem. today we basically throw away one third of the food we produce on the planet. that is too crazy. we need to find a solution for everybody to actually do something about food waste and really make a difference. we contac
iag has always — dump this stock? i don't think so. iag has always been _ dump this stock?s, who were in a lot of pain in terms of the relationship with unions and the need, sadly, lose jobs. it was no doubt necessary. that reflects on the performance today which ultimately protects the long—term business. john today which ultimately protects the long-term business. john strickland, thank ou. the world already produces enough food to feed everyone on the planet, yet millions go hungry. why?...
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Oct 12, 2020
10/20
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but the new boss at iag says, look, he's going to get rid of alex cruz and instead sean doyle will take might be able to steer the airline in the right direction amidst so much turbulence for the airline industry right now. earlier i spoke to the author and poet michael rosen. he is the author of we are going on a bear hunt. you may have a copy at home if you have children. he spoke about spending many weeks in hospital and 48 days in intensive care. i have been talking to him this morning. he has had to learn to walk again, effectively. he told me how thankful he is. unbelievable gratitude. the nhs is a wonder. it is a glory. i go there now, and have been since i left hospital at the end ofjune, i'm going nearly every week for eye procedures, ear, for scans on my chest, so, it's a glory that this thing can save our lives, can look after us, and of course, i'm 74, i was born just before the nhs, but the whole of my conscious lifetime has been in the nhs, and it's a feeling that, it is how a government can act in a loving way, because what it's doing is caring for us, as is said in the c
but the new boss at iag says, look, he's going to get rid of alex cruz and instead sean doyle will take might be able to steer the airline in the right direction amidst so much turbulence for the airline industry right now. earlier i spoke to the author and poet michael rosen. he is the author of we are going on a bear hunt. you may have a copy at home if you have children. he spoke about spending many weeks in hospital and 48 days in intensive care. i have been talking to him this morning. he...
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Jun 3, 2020
06/20
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iag isa finances of ba don't require it. iag is a hugely...deed much better off. so it is totally different as a state of play. that isafair different as a state of play. that is a fair point. i want to go back to angela, if i made. i mean, what can you do to stop this happening? we can't do anything. just listening to len mccluskey and chris loder, this is how we are all feeling at the moment, totally helpless. we are not people who usually feel vulnerable, we are an incredibly strong workforce, we are committed, we are passionate, we do what we do well. and british airways have chosen this time, in particular... neverforget, they chose to let us know via the news. they chose this time while we are furloughed, many others would love to be working, we volunteered to come in and help repatriate people, they chose to do this while we are in our homes, alone and scared, and we feel very, very vulnerable and we hear people argue above our heads, some of which we understand, some of which is too complex legally for us to understand and it is just t
iag isa finances of ba don't require it. iag is a hugely...deed much better off. so it is totally different as a state of play. that isafair different as a state of play. that is a fair point. i want to go back to angela, if i made. i mean, what can you do to stop this happening? we can't do anything. just listening to len mccluskey and chris loder, this is how we are all feeling at the moment, totally helpless. we are not people who usually feel vulnerable, we are an incredibly strong...
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Dec 29, 2020
12/20
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other airlines, easy jet will also announced it but other airlines, easyjet will also be involved and iagof airlines including british airways and iberia and aer lingus will all be affected. and uk shareholders and all these companies will find they no longer have those full rights that they had when britain was part of the eu. i canjust when britain was part of the eu. i can just make one when britain was part of the eu. i canjust make one point when britain was part of the eu. i can just make one point about the banks making money that we discussed earlier, this is the story of what happens during the war when certain industrial companies and manufacturing arms make a lot of money. so people have been losing jobs as a result of the lockdown, some are doing very well out of it. let's look at the times now and brexit on the front page there, there is brexiteers at the top back deal as borisjohnson there is brexiteers at the top back deal as boris johnson hails there is brexiteers at the top back deal as borisjohnson hails new chapter for deal as borisjohnson hails new chapterfor britain.
other airlines, easy jet will also announced it but other airlines, easyjet will also be involved and iagof airlines including british airways and iberia and aer lingus will all be affected. and uk shareholders and all these companies will find they no longer have those full rights that they had when britain was part of the eu. i canjust when britain was part of the eu. i can just make one when britain was part of the eu. i canjust make one point when britain was part of the eu. i can just make...
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Jun 5, 2020
06/20
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iag argues it wasn't consulted over the plans, but government officials say they were "disappointed" discuss the proposals. from monday, dentists will be allowed back at work, but a survey suggests two—thirds of practices in england are not planning to reopen their doors. many have also told the british dental association they won't be able to offer a full range of services. some say they haven't had time to make necessary adjustments, including fitting perspex screens. people living in the republic of ireland will be able travel anywhere inside their own county from monday, instead of being limited to a range of 20 kilometres from home. the irish cabinet is accelerating the easing of the country's lockdown, allowing groups of up to six people to meet indoors or outside, provided social distancing is maintained. let's speak to our health editor, hugh pym, who's here. more than 40,000 people have died, an unthinkable number, really, at the beginning of this pandemic, for the beginning of this pandemic, for the uk. and the infection rate is patchy across the uk the moment. yes, clive,
iag argues it wasn't consulted over the plans, but government officials say they were "disappointed" discuss the proposals. from monday, dentists will be allowed back at work, but a survey suggests two—thirds of practices in england are not planning to reopen their doors. many have also told the british dental association they won't be able to offer a full range of services. some say they haven't had time to make necessary adjustments, including fitting perspex screens. people...
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Oct 12, 2020
10/20
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but the new boss at iag says, look, he's going to get rid of alex cruz and instead sean doyle will take to announce new lockdown restrictions for specific areas of england, under a new three—tier system. the liverpool city region is expected to face the toughest restrictions with pubs, gyms and bookies closed. the region's mayor says agreement on it has not yet been reached. nhs nightingale hospitals in manchester, harrogate and sunderland have been put on standby to help with the spike in covid cases. students and teachers are set to be given more time to prepare for exams, with most exams taking place three weeks later than usual. let's talk to our education correspondent elaine dunkley. obviously anyone who is expecting to be taking a—levels and gcses next year has been keenly awaiting news on what will happen, so tell us. the government is very keen to avoid the word algorithm. thinking of the summer word algorithm. thinking of the summer when there were exams cancelled, protests about results. there was a man down after the exam regulator process to the max. there was a u—turn with
but the new boss at iag says, look, he's going to get rid of alex cruz and instead sean doyle will take to announce new lockdown restrictions for specific areas of england, under a new three—tier system. the liverpool city region is expected to face the toughest restrictions with pubs, gyms and bookies closed. the region's mayor says agreement on it has not yet been reached. nhs nightingale hospitals in manchester, harrogate and sunderland have been put on standby to help with the spike in...
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Apr 28, 2020
04/20
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iag, the parent company of british airways, has warned — that the airline could make up to 12,000 workerssenger numbers due to the outbreak. france will start easing its coronavirus lockdown, from the 11th of may. all food shops, and most markets, will be able to reopen but bars, restaurants and cinemas will remain closed. but in germany, where some shops were allowed to re—open last week, people have been urged to stay at home as much as possible after new data showed a slight increase in infection rates. according to the robert koch institute the so—called reproduction rate of the virus has risen to a value of one meaning that, statistically, every person with the virus infects one other person. and millions of people across the uk, have taken part in a minute's silence, to commemorate front line workers who've lost their lives during the last few weeks. more than a hundred nhs and care staff — have died from the virus so far. we'll have much more on all of those stories but our first report this evening on deaths in care homes from alison holt. at saint cecilia is nursing home in scarb
iag, the parent company of british airways, has warned — that the airline could make up to 12,000 workerssenger numbers due to the outbreak. france will start easing its coronavirus lockdown, from the 11th of may. all food shops, and most markets, will be able to reopen but bars, restaurants and cinemas will remain closed. but in germany, where some shops were allowed to re—open last week, people have been urged to stay at home as much as possible after new data showed a slight increase in...
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Jun 5, 2020
06/20
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iag argues it wasn't consulted over the plans, but government officials say they were ‘disappointed,’eting yesterday, to discuss the proposals. people living in the republic of ireland, will be able travel anywhere inside their own county from monday, instead of being limited to a range of 20km from home. the irish cabinet is accelerating the easing of the country's lockdown, allowing groups of up to six people to meet indoors or outside, provided social distancing is maintained. so with an assessment of what today's figures mean, and how they might direct government policy in england, here's our health editor hugh pym. the new daily reported death total, the trend for that, the seven day rolling average, is moving downwards. that being said, there are one or two slightly worrying signs. hospital admissions in england and wales have gone up for the last couple of days as no data from scotland and northern ireland. they have fallen. we have been hearing this regional r number, in the southwest and northwest of england because it's up at one which isa england because it's up at one whic
iag argues it wasn't consulted over the plans, but government officials say they were ‘disappointed,’eting yesterday, to discuss the proposals. people living in the republic of ireland, will be able travel anywhere inside their own county from monday, instead of being limited to a range of 20km from home. the irish cabinet is accelerating the easing of the country's lockdown, allowing groups of up to six people to meet indoors or outside, provided social distancing is maintained. so with an...
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Jul 19, 2017
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iag, parent company of british airways and easyjet are both down. food business. the deal is worth £3.2 billion. mccormick & co saw off competition to buy the division — which includes french's mustard as well as franks' redhot sauces. the deal will help reckitt benckiser pay off debt after buying baby formula maker mead johnson for £1a.7 billion. let's get detailed analysis of this with maike currie, investment director, at fidelity international thank you forjoining us. let's start off with this reckitt benckiser deal. yes, good price for what they call the uncool part of their business, the third business only accounting for about a% of the annual sales. 0n the side of mccormick, the makers of schwartz herbs and spices, they want to expand globally, and getting french's muster, the world biggest mustered brand, part of their drive to expand globally. last year they sought to do a deal with premier foods, the maker of mr kipling biscuits and oxo cubes and that deal was rebuffed. what is interesting is that a lot of companies are looking to do thes
iag, parent company of british airways and easyjet are both down. food business. the deal is worth £3.2 billion. mccormick & co saw off competition to buy the division — which includes french's mustard as well as franks' redhot sauces. the deal will help reckitt benckiser pay off debt after buying baby formula maker mead johnson for £1a.7 billion. let's get detailed analysis of this with maike currie, investment director, at fidelity international thank you forjoining us. let's start...
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Jul 28, 2017
07/17
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iag said the it meltdown — which grounded ba flights in may had cost it £58m.d goes some way to meeting the 3% growth target set out by the us president. samira hussain is on wall street for us. she seems to have disappeared! country hear us? yes you can.|j she seems to have disappeared! country hear us? yes you can. i can absolutely here. i can even talk about those numbers. have a go. these numbers are regrettably strong. they are. -- incredibly strong. it really says that what happened in the first three months of 2017 was really just an anomaly, the first three months of 2017 was reallyjust an anomaly, that it was a lot to do with the winter months and people not going out and spending as much. fast forward to the last three months of this year and we really saw spending go up. there were two areas, consumer spending, so household people spending, so household people spending more money. we are also seen spending more money. we are also seen business spending, businesses are investing more in big—ticket items like equipment, and that's really been a big boo
iag said the it meltdown — which grounded ba flights in may had cost it £58m.d goes some way to meeting the 3% growth target set out by the us president. samira hussain is on wall street for us. she seems to have disappeared! country hear us? yes you can.|j she seems to have disappeared! country hear us? yes you can. i can absolutely here. i can even talk about those numbers. have a go. these numbers are regrettably strong. they are. -- incredibly strong. it really says that what happened in...
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May 11, 2020
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the head of iag, the company which owns british airways, has warned the quarantine measures will meanrt correspondent tom burridge reports from london's stansted airport. flying is changing. this is the new norm at stansted and manchester airports. thermal cameras which check your temperature will become more common too. these people arrived on a flight from berlin today, which was half full. soon, anyone arriving in the uk from anywhere apart from ireland and france will have to self—isolate for two weeks. i think it's necessary. i think we should all have a quarantine because they are doing it also in germany. it's a really nice idea but they are late again. normally stansted would have 500 flights in a day. today there were just 16. it is hard to think forward to the summer and imagine this busy. but airlines warn many people simply won't want to travel if they have to self—isolate when they get home. with their planes stacked up and static, british airways, like other airlines, is haemorrhaging cash. the boss of its parent company today said a quarantine was a further kick in the
the head of iag, the company which owns british airways, has warned the quarantine measures will meanrt correspondent tom burridge reports from london's stansted airport. flying is changing. this is the new norm at stansted and manchester airports. thermal cameras which check your temperature will become more common too. these people arrived on a flight from berlin today, which was half full. soon, anyone arriving in the uk from anywhere apart from ireland and france will have to self—isolate...
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Jul 28, 2017
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airline group iag, which owns ba and iberia, has reported an operating profit of £975 million up from six months last year — that's a rise of 37.3%. it seems to have shrugged off the it meltdown — which grounded ba flights in may. the total cost of that was £58 million. more now on barclays. and it has reported a heavy loss in the second quarter, hit by the one—off costs of a big disposal in africa and a further knock from mis—selling payment protection insurance to uk customers. but stripping out the losses from the africa sale, barclays posted a 13% rise in group pre—tax profits to £2.34 billion. i'm joined by russ mould, investment director at aj bell. should we be worried about the size of these one—off costs? they will be out of the way at the end of the year but they were pretty big. out of the way at the end of the year but they were pretty bigm out of the way at the end of the year but they were pretty big. it is a nice idea to think they will be one—off but barclays has been littered with them since 2011 so although the chief executive says he's trying to get the costs down q
airline group iag, which owns ba and iberia, has reported an operating profit of £975 million up from six months last year — that's a rise of 37.3%. it seems to have shrugged off the it meltdown — which grounded ba flights in may. the total cost of that was £58 million. more now on barclays. and it has reported a heavy loss in the second quarter, hit by the one—off costs of a big disposal in africa and a further knock from mis—selling payment protection insurance to uk customers. but...
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May 4, 2021
05/21
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this willie walsh — previously ceo of the iag, british airways and aer lingus — hasjust become directoration. he says a system to process vaccinated travellers is being developed, and the eu's traffic light system should make things smoother. iata is working with what we call the travel pass, which is designed to enable people who have been vaccinated or indeed people who can demonstrate evidence of a negative test to be able to integrate that into the airline they are flying with, and facilitate smooth travel through the airport and hopefully when you arrive at your destination as well, that will require the cooperation of governments. but i think there is a good appetite for introducing a digital system to enable people to get back travelling. what you do need is a trust framework that can be accessed in a safe and secure manner so that people don't have to share their data, they can control their data so in the eu, we have the digital green certificate, which should be in place byjune, and this will enable eu citizens to be able to confirm they have received their vaccines. and i sus
this willie walsh — previously ceo of the iag, british airways and aer lingus — hasjust become directoration. he says a system to process vaccinated travellers is being developed, and the eu's traffic light system should make things smoother. iata is working with what we call the travel pass, which is designed to enable people who have been vaccinated or indeed people who can demonstrate evidence of a negative test to be able to integrate that into the airline they are flying with, and...
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May 4, 2021
05/21
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willie walsh, previously ceo of iag, british airways and air lingus, hasjust become director generalation. he says a system to process vaccinated travellers is being developed, and the eu's traffic light system should make things smoother. for american travellers it may be more complicated. the us government had said that they will not make it a requirement for travel within the united states. i think as more and more countries make it a requirement for people to access their country, i think the us government will come under pressure from us citizens to be able to demonstrate that they have been vaccinated. there isn't a central database, a federal database in the us, done on a state basis, but we are confident systems will be put in place to enable people to demonstrate with secure information, that they have been vaccinated. lack there is a resumption of 24 operations on the city's subway sit —— system. from the 19th of may, percentage limits on occupancy will also be scrapped for many business and cultural venues including shops, restaurants, cinemas and museums. businesses will
willie walsh, previously ceo of iag, british airways and air lingus, hasjust become director generalation. he says a system to process vaccinated travellers is being developed, and the eu's traffic light system should make things smoother. for american travellers it may be more complicated. the us government had said that they will not make it a requirement for travel within the united states. i think as more and more countries make it a requirement for people to access their country, i think...
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Feb 23, 2018
02/18
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iag is the parent group of british airways, aer lingus and iberia.ast summer. we spoke earlier to the chief executive about rises in air fa res across chief executive about rises in air fares across the industry. we expect or unit revenue to improve. prices came down in 2017. unit revenue is domination of the yield, average fares, but also how many seats we fill an aircraft and we saw in 2017 filling more seats on the aircraft and that was driving the overall performance of the business. it is not on the back of increasing prices, it is on the back of prices that were reduced in 2017. sticking with the theme of airlines, a revolution could be coming to airport security. the government has awarded eight projects a total of £1.8 million to develop innovative technology to bolster airport security and speed up the screening process. let's find out what they are. simon calder is here to tell us what the new technology could mean for flyers. what the department for transport has decided to award is some funds to under the future aviation security solution
iag is the parent group of british airways, aer lingus and iberia.ast summer. we spoke earlier to the chief executive about rises in air fa res across chief executive about rises in air fares across the industry. we expect or unit revenue to improve. prices came down in 2017. unit revenue is domination of the yield, average fares, but also how many seats we fill an aircraft and we saw in 2017 filling more seats on the aircraft and that was driving the overall performance of the business. it is...
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Jun 30, 2017
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it is also talking to other carriers such as qatar airways, which owns one—fifth of its parent iag, about again is the last thing ba needs after a major it crash last month stranded 75,000 passengers. the financial cost, some $100 million, but the cost to ba's reputation is possibly much greater. we will speak to an expert in 20 minutes time. as we have been reporting all week, it's been 20 years since the financial crisis that swept through east asia and wreaked havoc on economies around the globe. for the last in our series, we are in the philippines. when the crisis hit in 1997, in economic terms, it was widely seen as the "sick man of asia." but the economy didn't suffer as much as its neighbours in the region, in part thanks to the millions of filipinos who work abroad and send money home. our own rico hizon has been back to his home city of manila to find out why the philippines is now one of the fastest growing economies in asia. watch it on world business report. and if you want to get involved, tell me what you would like to ask our aviation expert about the ba strike on twitter.
it is also talking to other carriers such as qatar airways, which owns one—fifth of its parent iag, about again is the last thing ba needs after a major it crash last month stranded 75,000 passengers. the financial cost, some $100 million, but the cost to ba's reputation is possibly much greater. we will speak to an expert in 20 minutes time. as we have been reporting all week, it's been 20 years since the financial crisis that swept through east asia and wreaked havoc on economies around the...
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Apr 25, 2019
04/19
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we know that iag tried to buy it recently. its offer was a part. can it remain a stand—alone? who wants to buy it has to accept the debt, which is about 6 billion uk pounds, and even if norwegian starts making profits, it will in the longer term have to somehow pay off that debt, so my view is that it is in a precarious situation. looking at the wider issue, the subtext to all of this, boeing, the 737 max grounding, we had yesterday from a point that it is costing $1 billion in the past quarter. ultimately, at that to whichever competition which might be payable to airlines and of course families of the dead, and ultimately, it could be a lot higher than that. yes it could but boeing will be fine. it is part of a duopoly at the moment. boeing and airbus don't have any significant competitors. they do have a full pack order book. they do have a queue of customers waiting for their planes. boeing will be fine in the longer term. thank you very much for joining us with your thoughts today. also making business headlines today, two leading bookmakers have said they'll change their
we know that iag tried to buy it recently. its offer was a part. can it remain a stand—alone? who wants to buy it has to accept the debt, which is about 6 billion uk pounds, and even if norwegian starts making profits, it will in the longer term have to somehow pay off that debt, so my view is that it is in a precarious situation. looking at the wider issue, the subtext to all of this, boeing, the 737 max grounding, we had yesterday from a point that it is costing $1 billion in the past...
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Apr 29, 2020
04/20
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iag, the parent company of british airways, has said the airline may make up to 12,000 workers redundantagencies are warning a lack of resources in conflict zones could spread the virus even further. and in france, all food shops will reopen from may the 11th but bars and restaurants will remain closed. much more on all that to come, but firstjane 0'brien reports from new york as states across the us plan to lift some lockdown restrictions. a salute to the covid warriors — the blue angels and the thunderbirds paying tribute to those on the frontlines of the battle against coronavirus. they flew formation across the north—east. an uplifting spectacle for residents in lockdown. new york continues to be the worst hit, but today a glimmer of hope... what we have seen is clearly progress and that is getting us closer to the day when we can start to make some of the moves to open things up. but i've said it before and i'll keep saying it, we're going to be cautious, we're going to be careful, we're going to be governed, we'll be governed by the facts. more thani million people in the us are no
iag, the parent company of british airways, has said the airline may make up to 12,000 workers redundantagencies are warning a lack of resources in conflict zones could spread the virus even further. and in france, all food shops will reopen from may the 11th but bars and restaurants will remain closed. much more on all that to come, but firstjane 0'brien reports from new york as states across the us plan to lift some lockdown restrictions. a salute to the covid warriors — the blue angels and...
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Jul 24, 2017
07/17
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easyjet and british airways owner iag both down by more than 3%.er b&m rose 2.8% following reports at the weekend that it could be a takeover target for asda. that's all the business news. i'll be back in an hour's time. the sri lanka navy are trained to rescue people but yesterday it was two elephants that needed help after being swept out to sea. the rescue took place off the north east coast of the country. navy patrol boats towed the two elephants back to a jungle area near foul point, according to local media. earlier this month, navy sailors helped rescue a elephant that was found eight miles offshore in the indian ocean in northern sri lanka. nice weather down in sri lanka. let's see what's going on here. it's a tale of two halves today because on the one hand we have stunning weather across western parts, temperatures in the mid—20s, other parts in the east are stuck under a cloud andorra chilly. the week ahead will be changeable, wednesday we will be changeable, wednesday we will all get some rain but most days will all get some rain but m
easyjet and british airways owner iag both down by more than 3%.er b&m rose 2.8% following reports at the weekend that it could be a takeover target for asda. that's all the business news. i'll be back in an hour's time. the sri lanka navy are trained to rescue people but yesterday it was two elephants that needed help after being swept out to sea. the rescue took place off the north east coast of the country. navy patrol boats towed the two elephants back to a jungle area near foul point,...
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Jun 6, 2017
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willie walsh, chief executive of iag, said an engineer disconnected a power supply.ull independent investigation and says he'll make the findings public. five people have been killed in a shooting at an industrial park in orlando, florida. orange county sheriff's office, said the gunman — who also had a knife — was a disgruntled employee who killed former colleagues at the business he'd been fired from in april. sally is here with all the business news. it doesn't seem like all that long ago we were talking about brazil's meteoric rise to economic stardom as one of the so called brics. but all that has come crashing down thanks to a string of corruption allegations involving top politicians and companies. and it could all come to a head again later today as brazil's top electoral court resumes it's trial against the country's former president — dilma roussef— and her successor michel temer. this is how the economy has fared over the last five years. since rousseff was voted into office, there have been two years of recession — ending last week when growth of 1% was r
willie walsh, chief executive of iag, said an engineer disconnected a power supply.ull independent investigation and says he'll make the findings public. five people have been killed in a shooting at an industrial park in orlando, florida. orange county sheriff's office, said the gunman — who also had a knife — was a disgruntled employee who killed former colleagues at the business he'd been fired from in april. sally is here with all the business news. it doesn't seem like all that long...
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Jun 3, 2017
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one group that is not out of pocket are investors in ba‘s parent company iag. the country heads to the ballot box — reality check‘s chris morris has been taking a look at the reliability of the opinion polls. throughout this general election campaign, opinion polls and analysis of the numbers have been hitting the front pages. but questions have been raised about how reliable they are. the last few days, author of the conservative lead over labour, with anywhere between 3 and 14%. have water is lost their mojo? have certainly had problems in the past, most notably during the general election campaign in 2015, when all the polls said it would be a hung parliament by the conservatives won an outright majority. what is going on? let‘s ask a man who really should know. is a persistent issue which the polling industry has been trying to deal with, which is how to avoid overestimated labour, underestimating the conservatives. that problem certainly re—emerged quite starkly in 2013, and is a problem the industry have been further trying to work on to try to avoid this
one group that is not out of pocket are investors in ba‘s parent company iag. the country heads to the ballot box — reality check‘s chris morris has been taking a look at the reliability of the opinion polls. throughout this general election campaign, opinion polls and analysis of the numbers have been hitting the front pages. but questions have been raised about how reliable they are. the last few days, author of the conservative lead over labour, with anywhere between 3 and 14%. have...
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Jun 3, 2017
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one group that is not out of pocket are investors in ba‘s parent company iag.g shot in liverpool. merseyside police said armed officers and the ambulance service were called after the injured teenager was found on near lodge lane, in the toxteth area last night. he was later pronounced dead in hospital. the incident follows two gun attacks in merseyside earlier this week. explosives and detonators discovered in ireland last night have been linked by police to dissident republican terrorists. the seizure in dublin has been described as highly significant. detectives say they believe the explosives were to be used in attacks in northern ireland. two men are being questioned. police are looking for a man in connection with murder and attempted murder in paisley. he is described as around five to 11 tall with brown, grey hair, you could be driving a blue toyota rs. detectives wa nt to driving a blue toyota rs. detectives want to question him about the death ofa want to question him about the death of a woman and serious injury suffered by a 16—year—old boy. a teena
one group that is not out of pocket are investors in ba‘s parent company iag.g shot in liverpool. merseyside police said armed officers and the ambulance service were called after the injured teenager was found on near lodge lane, in the toxteth area last night. he was later pronounced dead in hospital. the incident follows two gun attacks in merseyside earlier this week. explosives and detonators discovered in ireland last night have been linked by police to dissident republican terrorists....
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Jul 8, 2019
07/19
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the airline, owned by iag, says it was "surprised and disappointed" by the penalty from the informationid hackers had carried out a "sophisticated, malicious criminal attack" on its website. maureen meadows is professor of strategic management at coventry university. i think companies will feel that this is a bit of a wake—up call. in the past, fines have been perhaps tens of thousands of pounds, perhaps hundreds of thousands of pounds. the most famous or infamous example being facebook. it was fined £500,000 for data sharing around cambridge analytical. this is a big forward. all research shows that most companies don't take security, cyber security and personal data security, sufficiently seriously, so ido security, sufficiently seriously, so i do think this will be a wake—up call for many organisations. it is also interesting because british airways, of course, is not a tech company. we are not talking about facebook or google here. we are talking about an airline so this really does fly above that all need to think seriously. any company that is handling personal data. whether it is
the airline, owned by iag, says it was "surprised and disappointed" by the penalty from the informationid hackers had carried out a "sophisticated, malicious criminal attack" on its website. maureen meadows is professor of strategic management at coventry university. i think companies will feel that this is a bit of a wake—up call. in the past, fines have been perhaps tens of thousands of pounds, perhaps hundreds of thousands of pounds. the most famous or infamous example...
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Feb 24, 2017
02/17
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airline group iag, which owns british airways and iberia, has reported a rise in profits despite beingny rose by nearly a third last year to £2 billion, but weak sterling cost them £338 million. and heathrow airport — the biggest in europe in terms of passengers, and the third biggest in the world — says it served a record number of passengers last year. 75.7 million people passed through its gates in 2016, a rise of 1% on the previous year. cargo volumes were also up, as was revenue. royal bank of scotland has just reported their ninth annual loss in a row. it is planning cost savings which will meanjob it is planning cost savings which will mean job losses and bright touch closures. it hasn't been a profit for nine years although it is expected, next year. it has set aside more money to deal with legal action in the us. it abandoned plans to sell their williams & glynn business which they were supposed to sell, but can't. the government spent £a5 billion bailing out rbs at the height of the financial crisis, but the treasury is unlikely to be able to sell its majority stake any time
airline group iag, which owns british airways and iberia, has reported a rise in profits despite beingny rose by nearly a third last year to £2 billion, but weak sterling cost them £338 million. and heathrow airport — the biggest in europe in terms of passengers, and the third biggest in the world — says it served a record number of passengers last year. 75.7 million people passed through its gates in 2016, a rise of 1% on the previous year. cargo volumes were also up, as was revenue....
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Jul 31, 2019
07/19
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you are saying this proposed pay rise is not good enough because iag made a whopping pre—tax profit,ots want a bigger slice of the cake. the argument the pilots have is not one based greed or anything, it is wanting a fair share of the profitability of the company they contribute so much to. british airways made nearly £2 billion profit and pilots are simply saying we want a share of that through a bonus scheme and that is a good way to approach this because if it doesn't make a profit pilots do not get much and if it does then they do. you have not named a strike date, you can now after that court decision. talk is you can wait months so it would be in everyone's interest, passengers, yourselves, british airways not to go ahead with a strike in the summer. this is exactly why we have not set a date and we keep telling everybody until we do there is no threat of disruption. today we have had clearance from the court that we could go ahead and set a date, we are still not going to because we want to engage in constructive negotiations with acas. on the back of the judgment today i hav
you are saying this proposed pay rise is not good enough because iag made a whopping pre—tax profit,ots want a bigger slice of the cake. the argument the pilots have is not one based greed or anything, it is wanting a fair share of the profitability of the company they contribute so much to. british airways made nearly £2 billion profit and pilots are simply saying we want a share of that through a bonus scheme and that is a good way to approach this because if it doesn't make a profit...
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Jan 12, 2020
01/20
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repercussions for the government because it shows the people that the government and the military and the iag make out what a tragedy of the scale happens. that isa a tragedy of the scale happens. that is a problem but it's a problem in the short term, and i think the reason why the government came out with this press statement was that they thought further obfuscation would have meant a much greater political risk further down the track. so they will take the short term pain and try and get the situation back to normal as quickly as possible. very briefly in terms of the downed airliner, is iran likely to be able to incorporate foreign experts from ukraine and canada into it's own investigation —— into its own investigation?” think they are they respected —— now that they have accepted responsible to, the question is how much leeway others investigators going to be allowed to, in terms of talking to iranian military personnel, to look at the military documentation and the chain of command, and the essbase control that has been exercised because that would show what the state of iranian milit
repercussions for the government because it shows the people that the government and the military and the iag make out what a tragedy of the scale happens. that isa a tragedy of the scale happens. that is a problem but it's a problem in the short term, and i think the reason why the government came out with this press statement was that they thought further obfuscation would have meant a much greater political risk further down the track. so they will take the short term pain and try and get...
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Jun 3, 2017
06/17
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one group that is not out of pocket are investors in ba's parent company iag.y customers. germline, bbc news. let's get more now on the general election, and with less than a week until the country heads to the ballot box, reality check‘s chris morris has been taking a look at how reliable are the polls. throughout this campaign, opinion polls and analysis have been hitting the front pages. questions have been raised about how reliable the polling numbers are. in the last few days we have had polls. the conservative lead over labour has been anywhere between 3% and 14% in recent days so have polls lost their mojo? there have been problems in the past, most notably in the general election in 2015 when all the polls said there would be a hung parliament but the conservatives won an outright majority. so what is going on? let's ask a man who really should know. there is a persistent issue that the polling industry has been constantly trying to deal with which is how do we avoid overestimating labour and underestimating the conservatives. that is a problem that aro
one group that is not out of pocket are investors in ba's parent company iag.y customers. germline, bbc news. let's get more now on the general election, and with less than a week until the country heads to the ballot box, reality check‘s chris morris has been taking a look at how reliable are the polls. throughout this campaign, opinion polls and analysis have been hitting the front pages. questions have been raised about how reliable the polling numbers are. in the last few days we have had...
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Sep 16, 2024
09/24
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latest there as we continue to monitor those images. latest there as we continue to monitl moments iagesinue to monitl moments ago, that was a view moments ago, that was huw edwards a view moments ago, that was huw kotecha live on the ground sima kotecha live on the ground saying he was arriving for his sentencing hearing, due to begin at10am. in sentencing hearing, due to begin at 10am. in a5 minutes�* time. we will bring you, as and when we get that sentencing decision, live to you and you can see lots of media interest and our correspondence sima kotecha is monitoring that for us and we�*ll bring us up up as and when we get any more details. now let�*s go back to our other big story here today. what happened in the united states dominating coverage of course in the us, the second apparent assassination attempt on president trump. 0f apparent assassination attempt on president trump. of course it is something that we have lots more live on our website that we are going to speak now to... dr lindsay newman, is a geopolitical risk expert and columnist for the news website, gzero media. a
latest there as we continue to monitor those images. latest there as we continue to monitl moments iagesinue to monitl moments ago, that was a view moments ago, that was huw edwards a view moments ago, that was huw kotecha live on the ground sima kotecha live on the ground saying he was arriving for his sentencing hearing, due to begin at10am. in sentencing hearing, due to begin at 10am. in a5 minutes�* time. we will bring you, as and when we get that sentencing decision, live to you and you...
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Apr 12, 2018
04/18
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the company that own british airways — iag — says it's thinking about trying to buy the low—cost airline budget airlines. more pain for the high street. carpetright says it is closing 92 shop and cutting 300 jobs. meanwhile, mothercare has seen a fall in the amount of stuff its selling us — and wh smith saw a decline in the amount of money it's making. edf is raising the cost of electricity by almost 3%. this comes just days after british gas raised its prices. edf's move doesn't affect gas though — those prices stay the same. the company that owns ba might try to buy the lowcost airline norwegian. ba is facing a lot of competition from low cost airlines. and this could be a way of helping to protect its market share. no talks have taken place yet — but news about this has sent norwegian's shares soaring. joining us now is the travel expert simon calder. how much pressure is ba under? how much pressure is ba undefim has been really obsessing about norwegian, in quite an interesting way, just yesterday they said we would introduce new fare, prepared not to check in a bag and take whatever
the company that own british airways — iag — says it's thinking about trying to buy the low—cost airline budget airlines. more pain for the high street. carpetright says it is closing 92 shop and cutting 300 jobs. meanwhile, mothercare has seen a fall in the amount of stuff its selling us — and wh smith saw a decline in the amount of money it's making. edf is raising the cost of electricity by almost 3%. this comes just days after british gas raised its prices. edf's move doesn't affect...
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Feb 28, 2019
02/19
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iag said it made a pre—tax profit of 3 billion euro for the year.e—tax profits had fallen 7%. chief executive andy palmer had also said a delay to brexit would be "a further annoyance". we all know banks are being hit by increasing numbers of it shutdowns, tsb, visa, barclays, cashplus and rbs are some of the highest profile ones. but now we have learned that the number of incidents last year runs into dozens with some big banks reporting 30 or a0 breakdowns or hacks in the last nine months. uk banks have begun publishing the number of operational and security incidents under a voluntary scheme overseen by the financial regulator. let's talk to kevin peachey, the bbc‘s personal finance reporter. let's just try and define what these incidents are. what do the range to and from? this is operation or security incidents and they are ones that stop people, customers, being able to make payments. the frustrating times when your online banking goes down or your mobile banking goes down or your mobile banking app. and you can't make a payment. it is the fir
iag said it made a pre—tax profit of 3 billion euro for the year.e—tax profits had fallen 7%. chief executive andy palmer had also said a delay to brexit would be "a further annoyance". we all know banks are being hit by increasing numbers of it shutdowns, tsb, visa, barclays, cashplus and rbs are some of the highest profile ones. but now we have learned that the number of incidents last year runs into dozens with some big banks reporting 30 or a0 breakdowns or hacks in the last...
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Jun 23, 2022
06/22
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back for the bosses and if you can see wage increases like we are seeing for example for the ceo of iag, when the ceo expects to pocket a nice hefty pay rise of £4.9 million this year, we don't think it is unreasonable for our primarily women, part—time, low—paid workers to be demanding back the 10% that they had cut from their pay as a result of fire and rehire during the pandemic. and what is the status of discussions at the moment? have your members been offered any of that 10% back? what ba are saying is they have offered a 10% one—off bonus payment to our members. now, that 10% one—off bonus payment is exactly that, it is a one—off payment, it is not part of consolidated pay, so it does not go into people's pensions and it does not grow as the years go by, it is there and then it is gone. our members have said, actually, we don't want the one—off payment, we want our consolidated payback that you robbed from us during the pandemic when we didn't have any ability to fight back against fire and rehire. ba said, ok, if you want to fight for that 10% back, then we are not going to give
back for the bosses and if you can see wage increases like we are seeing for example for the ceo of iag, when the ceo expects to pocket a nice hefty pay rise of £4.9 million this year, we don't think it is unreasonable for our primarily women, part—time, low—paid workers to be demanding back the 10% that they had cut from their pay as a result of fire and rehire during the pandemic. and what is the status of discussions at the moment? have your members been offered any of that 10% back?...
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Jun 23, 2022
06/22
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even iag's chief executive acknowledges this and says the prices we are seeing in aviation is causedone answer to that and there is only one answer to that and there is only one way that ba can get its operation back to where it was, back to pre—pandemic levels, and that is it needs to pay its staff properly, it needs to pay its staff properly, it needs to pay its staff properly, it needs to pay back the rummy —— money it robbed from them during the pandemic, and it needs to rebuild the trust and confidence that it has absolutely decimated as a result of its actions. i absolutely decimated as a result of its actions. ., absolutely decimated as a result of its actions. . , , absolutely decimated as a result of its actions. . ,, �* ~ absolutely decimated as a result of its actions. ., , , �* ~ ., its actions. i am guessing, ba are not here at _ its actions. i am guessing, ba are not here at the _ its actions. i am guessing, ba are not here at the moment, - its actions. i am guessing, ba are not here at the moment, but - its actions. i am guessing, ba are not here at the moment, but the
even iag's chief executive acknowledges this and says the prices we are seeing in aviation is causedone answer to that and there is only one answer to that and there is only one way that ba can get its operation back to where it was, back to pre—pandemic levels, and that is it needs to pay its staff properly, it needs to pay its staff properly, it needs to pay its staff properly, it needs to pay back the rummy —— money it robbed from them during the pandemic, and it needs to rebuild the...
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Jul 28, 2023
07/23
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the airline group iag reported operating profits of £1.1 billion, that's $1.1; billion. after being boostedt airline analysts, 0ag. john, good to see you.
the airline group iag reported operating profits of £1.1 billion, that's $1.1; billion. after being boostedt airline analysts, 0ag. john, good to see you.
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May 11, 2020
05/20
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the head of iag, the company which owns british airways, has warned the quarantine measures will meanful way. our transport correspondent tom burridge reports from sta nsted airport. flying is changing. this is the new norm at stansted and manchester airports. thermal cameras which check your temperature will become more common too. these people arrived on a flight from berlin today, which was half full. soon anyone arriving in the uk from anywhere apart from ireland and france will have to self—isolate for two weeks. i think it's necessary. i think we should all have a quarantine because they are doing it also in germany. it's a really nice idea but they are late again. normally stansted would have 500 flights in a day. today there were just 16. it is hard to think forward to the summer and imagine this busy. but airlines warn many people simply won't want to travel if they have to self—isolate when they get home. with their planes stacked up and static, british airways, like other airlines, is haemorrhaging cash. the boss of its parent company today said a quarantine was a further k
the head of iag, the company which owns british airways, has warned the quarantine measures will meanful way. our transport correspondent tom burridge reports from sta nsted airport. flying is changing. this is the new norm at stansted and manchester airports. thermal cameras which check your temperature will become more common too. these people arrived on a flight from berlin today, which was half full. soon anyone arriving in the uk from anywhere apart from ireland and france will have to...
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Apr 12, 2018
04/18
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iag has acquired an initial 4.6% stake in the airline, which has shaken up the long—haul market by offeringollowing the news. car theft is on the rise across england and wales, with more than 100,000 vehicles stolen last year, as criminals use new technology which is available online. special devices can trick a vehicle into thinking the key is being used. there are calls for the sale of such technology to be restricted. sima kotecha reports from birmingham. within seconds, two men are able to steal this car from a driveway in solihull. and it's happening all the time. official statistics show that over the last decade, one in every seven crimes in england and wales are vehicle theft related. well, it's very intrusive, and also, not only intrusive, it makes me feel insecure. this woman is worried about being targeted again, so we've protected her identity. my car was stolen, and it's made me feel very disappointed with the manufacturers, that i had put my keys in my house and they were well secured, but the thieves have the ability to take my car. today, in coventry, a summit for manufactur
iag has acquired an initial 4.6% stake in the airline, which has shaken up the long—haul market by offeringollowing the news. car theft is on the rise across england and wales, with more than 100,000 vehicles stolen last year, as criminals use new technology which is available online. special devices can trick a vehicle into thinking the key is being used. there are calls for the sale of such technology to be restricted. sima kotecha reports from birmingham. within seconds, two men are able...