Retail news
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Ryanair vows to weather rising airport charges and oil costs
- Posted:
- 03 June 2008 09:18
Ryanair has announced that it is to ground up to 10% of its fleet this winter to offset rising airport charges, despite bringing in "record profits and traffic". The budget airline, today announced a 17% rise in pre-tax profits to £419 million in the year to March 31st and saw an increase in traffic ...read more
Competition Watchdog criticises BAA in preliminary findings
- Posted:
- 22 April 2008 09:21
BAA’s common ownership of seven UK airports "may not be serving well the interests of either airlines or passengers" according to a report from the Competition Commission published today. This view was expressed in the watchdog’s "emerging thinking" document ahead of its provisional and final reports into BAA’s dominance of ...read more
First flights see official opening for T5
- Posted:
- 27 March 2008 09:26
Heathrow Airport’s Terminal 5 has officially opened to the public with its first ever arrival, a BA flight from Hong Kong flown by the airline’s first woman pilot Captain Lynn Barton. However, the launch is not destined to be as smooth as either BA or airport operator BAA might hope, ...read more
Queen to open Terminal 5 today
- Posted:
- 14 March 2008 09:21
Heathrow’s new Terminal 5 is to be opened by the Queen today. Costing £4.3 billion, with 112 retail units, the new terminal will become the new home of British Airways. Approximately 800 invited guests, including hundreds of the airport and construction workers who were involved in the project will join ...read more
BAA confirms sale of World Duty Free
- Posted:
- 10 March 2008 09:38
Airports operator BAA has sold its World Duty Free business to Italy’s Autogrill in a £546.6 million deal. Autogrill, the majority of which is owned by the Benetton family, is the world’s biggest provider of retail services for travellers, having acquired UK-based Alpha Airports last year.The sale of the 58 ...read more
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