British Airways share price dives 9.5 percent
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The price of shares in British Airways dived by 9.5 percent in early trading on Monday after EU and US negotiators Friday made a breakthrough in freeing up the transatlantic aviation market.
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MELBOURNE Shares of Qantas Airways, Australia&#39;s biggest airline, on Thursday plunged to a 12-month low amid concern that surging fuel prices would erode earnings and after the company reported earnings that missed analysts&#39; forecasts.
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QANTAS Airways shares firmed yesterday following British Airway&#39;s sale of its 18.25 per cent stake in the carrier. BA&#39;s 336 million shares in Qantas were sold to Australian and international institutions at
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Australian flag carrier Qantas Airways has rejected a 10.9 billion dollar (8.6 billion US) takeover bid from a private equity consortium, sending its shares into a nosedive.
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British Airways called Monday on the European Union not to &quot;sell Europe short&quot; in the proposed 'Open Skies' deal aimed at freeing up the transatlantic aviation market.
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SEPTEMBER 15, 2004 -- British Airways reduced its winter schedule by 966 flights from its London Heathrow hub--roughly 2 percent of its operation--as a proactive measure to avoid flight disruptions.
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Shares of Air Canada  AC.TO fell by  more than half on Wednesday, after the Toronto Stock Exchange  said it was reviewing the company's stock to determine if it  meets listing requirements.
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British Airways struggled Tuesday to accommodate thousands of passengers affected by technical problems that canceled 21 flights, The Times of London reported.
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The runaway price of oil is creating an &quot;extremely serious situation&quot; for British Airways (BA), the carrier's marketing and sales chief Martin George was quoted as saying in a newspaper article.
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Profits at Spanish airline Iberia fall by more than fifth because of higher fuel and operating costs.
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British Airways Plc, Europe's  second-biggest airline, reported a decline in lucrative first  and business class travel in September, alarming investors  despite a continued rise in economy class traffic.
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LONDON, September 16 (New Ratings) - British Airways (BAI1.FSE) has cancelled about 1,000 inbound and outbound flights from London&#39;s Heathrow Airport over the next three months.
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SYDNEY: British Airways said it will sell its entire 18.25% stake in Australia&#39;s Qantas Airways in a move seen as likely to fuel a major realignment of airline alliances.
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Shares of Air Canada AC.TO fell by  more than half on Wednesday, after the Toronto Stock Exchange  said it was reviewing the company's stock to determine if it  meets listing requirements.
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LONDON (CBS.MW) -- British Airways (UK:BAY) (BAB) Wednesday said it&#39;s planning to sell its 18.25 percent stake in Qantas as it seeks funds to expand in Europe.
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BRITISH Airways today announced plans to sell its Â£425 million stake in Australiaâs Qantas Airways to cut debt and take advantage of consolidation in Europe.
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Shares fell as much as 9.5 percent, the most since March, after the company fired its chief accounting officer.