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Inmarsat to provide in-flight internet access on 300 BA planes

  Bloomberg Inmarsat Plc, the UK satellite operator, rose the most in four months after finalizing a contract with British Airways (BA) owner IAG SA to provide in-flight internet access on over 300 planes. The order strengthens Inmarsat’s joint push with Deutsche Telekom AG to provide web access on aircraft using satellites and the German phone company’s towers. The service ...

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Air France-KLM, BA may face multi-million EU antitrust fines

  Bloomberg Air France-KLM Group, British Airways and a handful of other carriers may face multimillion-euro antitrust fines from European Union regulators within weeks after attempts to broker a settlement failed, according to people familiar with the case. EU Competition Commissioner Margrethe Vestager is seeking to re-impose penalties of almost 800 million euros ($844 million) for a cargo cartel that ...

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Starbucks loses market share

  Bloomberg Starbucks Corp., facing heavy competition, mobile-ordering hiccups and even boycott threats, has been losing U.S. customers to rivals this winter. In February, the company ceded market share to other chains, according to data from xAd Inc., a research firm that uses location signals from mobile phones to measure customer traffic. Starbucks’ share declined to 11 percent among the ...

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