Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
🚨 NDVA surged 43%. This AI Chipmaker Could Be Next See Analysis
British Airways to be hit by Easter strikes
Published Mar 28, 2023 07:56
Updated Mar 28, 2023 09:02
© Reuters British Airways to be hit by Easter strikes
Proactive Investors - British Airways is set to cancel hundreds of flights over the Easter holiday period as strikes by security staff look to burden Britain’s busiest airport.
International Consolidated Airlines Group SA (LON:ICAG) owned BA will axe over 300 flights as a result of the strike action by 1,400 Heathrow security staff from terminal five, taking place between Friday, 31 March and Sunday, 9 April.
Heathrow told BA to reduce its flight schedule by 5% due to the walkouts, prompting it to cancel around 32 flights a day.
“Following Heathrow’s requirement for us to reduce the number of passengers travelling during the period of its employees’ proposed strike action, we’ve regrettably had to make a small number of adjustments to our schedule,” it said in a statement.
Pay negotiations, aimed at preventing the strikes, fell through last week, with Heathrow saying it had offered a 10% pay rise but Unite union responded it wasn’t enough.
"We will not let these unnecessary strikes impact the hard-earned holidays of our passengers," Heathrow said, adding 1,000 additional staff would be sent to help on strike days.
BA holds over 50% of Heathrow’s slots, meaning it is particularly exposed to issues at the airport.
Earlier in March, the Civil Aviation Authority told Heathrow to up its temporary price cap used to levy airlines passing through the airport, again, dealing a blow to BA.
Related Articles
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.