British Airways has confirmed changes to its London Heathrow short-haul timetable for the Winter 2013 season, which starts at the end of October.
The changes are relatively modest and mainly concern small increases and decreases in frequencies on certain routes.
Continue reading “British Airways confirms changes to London Heathrow short-haul timetable for Winter 2013 season”
British Airways continues to surprise with its choice of new routes to occupy the 50 or so extra Heathrow slot pairs it has to fill following the purchase of bmi. Following the launch of Leeds Bradford, Rotterdam, Zagreb and seasonal summer flights to Ibiza and Palma de Mallorca, the airline has now launched a weekly return flight to Gran Canaria from Saturday 26 October 2013.
The flights are now on sale on ba.com:
Flight BA488 – London – Las Palmas – 10:05 – 14.35
Flight BA489 – Las Palmas – London – 15:20 – 19:40
Delta continues its focus on growing its presence at London Heathrow having today announced that as part of its Quarter 1 results release it has purchased two pairs of take off and landing slots at Heathrow for $47m.
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International Airlines Group (IAG) confirmed today that its offer to acquire the 54% of Vueling’s shares that it does not already own has been accepted by the majority of Vueling’s shareholders. This means that IAG will control just under 91% of Vueling, effectively giving it control of the airline. Vueling will officially become part of IAG from Friday 26 April.
Continue reading “International Airlines Group gains control of Vueling”
The offer by International Airlines Group to acquire the 54% of Vueling’s shares that it does not already own expired on Friday 19 April. The airline group initially made an offer priced at €7.00 per share which Vueling management chose not to recommend. IAG subsequently increased its offer to €9.25 per share. However, the minimum acceptance level was reduced to just 4.16% of Vueling’s capital to leave IAG with at least overall control of Vueling, if not 100% ownership.
Assuming the transaction completes this will be the second airline acquired by IAG since its formation in 2011 and the third member airline of the group (the first acquisition, bmi, being subsumed into British Airways).
So why is IAG so interested in Vueling and what does it have planned for the airline?
Continue reading “What does International Airlines Group have planned for Vueling?”