UK EQUITIES

World Equities News

Equities Org UK

Mortgages, insurance, and loans for the self-employed and students

Equities Org equities news has moved!

How to quickly sell your house

London equity markets make small gains

Eurofirst highest since May 2002

Eurofirst makes small gains as Xetra Dax down

Eurofirst slightly higher as elections approach

London strong on double witching hour

NYSE sees little movement on investor caution

European equities investors worried by elections

NYSE equities down on economic data

Nikkei down on post-election profit-taking

Nikkei down on post-election profit-taking

Economic concerns hit Eurofirst and Xetra Dax

Japanese elections boost Tokyo indices

Xetra Dax sees fall in Allianz

Utilities focus on FTSE

Dow Jones sees little movement

Analysts suggest Katrina will stimulate economy

Investors settled by Japanese polls

Banking and utilities see gains on Eurofirst

FTSE makes small gains on mergers

Investors consider construction boom after hurricane

Investors wait in Sunday's election

Eurofirst drops from 38-month highs

UK Equities down despite monetary policy decision

London FTSE makes only small gains

Investors consider Katrina economy impact

FTSE gains to three-year high





12/08/05

Permalink 02:11:19 pm, Categories: Companies, 235 words  

BA flights up but profits will be impacted

British Airways resumed flights out of Heathrow Airport in London on Friday after the cancellation of over 620 flights in a two day period due to a dispute with a catering company that supplies the airline there.

The airline hopes to get 31 flights, both short-distance and long-haul, out of the airport by midnight on Friday and then to run 40 percent of its long-haul flights and 50 percent of it’s short-distance flights out of the airport on Saturday. Passengers who did manage to get on BA flights out of Heathrow were given food packages and vouchers by the airline because only drinks would be able to be offered on those flights.

BA flights out of other airports did have catering service. The disruption was made worse because around 1,000 BA employees walked out on Thursday in support of the caterer’s action, and flights resumed after those BA workers returned to their posts.

The disruption of flights affected 40,000 passengers on Thursday and 73,000 passengers on Friday, according to the airline. Analysts said that the cancellations could cost BA tens of millions of pounds, with one analyst estimate said that the disruption could cost the airline 10 million pounds per day during the stoppage and a great deal more in the long-term, depending on how potential customers view the event.

BA, meanwhile, said it was much too soon to say how much the disruption in flights would cost the air carrier.

Permalink



Syndicate this blog XML

 

UK Equities Copyright 2005 Central Consultants: All Rights Reserved