In an unprecedented move, the Chancellor, Alistair Darling, will make an appearance at tomorrow’s board meeting of the Association of British Insurers, where the trade body will press him on a range of issues including tax and regulation.
The ABI board, chaired by Archie Kane, who runs Scottish Widows, invited Mr Darling – the first time [...]
WASHINGTON, April 18 (UPI) — Japanese Airlines International Co. pleaded guilty to a U.S. charge of cargo shipment price fixing, the airline said Friday.The U.S. Justice Department charged the [...]
LONDON–Looks great, doesn’t work very well. That was the verdict on Heathrow Airport’s new Terminal 5 building early Friday, as embarrassed British Airways officials said flight cancellations may extend into Saturday. The new building, praised as a solution to Heathrow’s chronic congestion, has been hit by severe baggage handling problems since it opened Thursday [...]
LONDON–Shiny, spacious and still having the construction dust brushed away before opening next month, London Heathrow’s Terminal Five is Britain’s latest bid to help unclog the world’s busiest international airport. After the longest public inquiry in British planning history, lasting nearly four years, the 4.3 billion pound ($8.5 billion) passenger terminal may go some [...]
LONDON British Airways and Virgin Atlantic have tentatively agreed to settle a U.S. price-fixing suit over fuel surcharges, British Airways said Friday.
British Airways did not confirm the size of the settlement, but the U.S. law firm that filed the class-action suit said the two [...]
SAN FRANCISCO, Feb. 15 (UPI) — Two major airlines accused of conspiring to fix fuel surcharges have agreed to pay $204 million to passengers who attorneys claim were overcharged.Investigators can add British Airways and Virgin Atlantic to the list of airlines fined [...]
