Latest Willie Walsh Stories
The airline industry is set to vow to cut its carbon dioxide emissions by 50 percent of 2005 levels by 2050.
Irish airline Aer Lingus said Chief Executive Officer Dermot Mannion has resigned in the wake of huge losses in 2008. My decision to step down will allow a new CEO to bring fresh thinking and new ideas to the business, Mannion said in a statement Monday on the airline's Web site. Chairman Colm Barrington will take over the executive responsibilities on an interim basis, the airline said. The airline lost $161 million in 2008.
By STEPHEN MOYES THE panicking board of British Airways yesterday demanded chief executive Willie Walsh explain why 500 senior managers quit. They are nervous after the staff - many with up to 30 years' experience - accepted voluntary redundancy.
By MARK WILLIAMSON WILLIE Walsh, chief executive of British Airways, said he had no idea how long the economic slowdown that is hammering the industry would last and reiterated predictions that more airlines would go out of business.
Loss-making Irish flag carrier Aer Lingus's board has approved a cost reduction program which includes up to 1,500 job cuts aimed at delivering savings to ensure the airline's long-term viability, potentially infuriating its employee unions to seek strike action.
By GORDON THOMSON BRITISH Airways is planning to close its Glasgow cabin crew base, putting almost 140 jobs under threat, it was revealed today. Staff at the base operate on the airline's services between Glasgow, Edinburgh and Heathrow.
A Tory plan for a high-speed rail link rather than a third runway at Heathrow airport "beggars belief", British Airways chief executive Willie Walsh said yesterday.