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BA turns to state mediator to avert pilot strike

Bloomberg British Airways (BA) is entering conciliation talks with pilots in a bid to head off a walkout over pay at the height of the summer travel season. The unit of IAG SA will meet with the BALPA union at the UK’s Advisory, Conciliation and Arbitration Service on Monday, spokespeople for the two sides told Bloomberg. The talks, which will ...

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Jet suppliers hit merger spree to match Boeing, Airbus output

Bloomberg Airbus SE and Boeing Co’s record output of jetliners is spurring a blistering pace of mergers among aerospace suppliers as companies seek growth to keep up with demand, according to a Lazard Ltd investment banker. The market for deals, which reached an all-time high of $120 billion last year, is “extremely robust,” Michael Richter, head of aerospace and defense, ...

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Masdar, FAB support energy-saving project for rehabilitation centre

ABU DHABI / WAM Abu Dhabi Future Energy Company (Masdar) and First Abu Dhabi Bank (FAB) are celebrating Year of Tolerance in UAE by helping an Abu Dhabi-based school for people of determination to drastically reduce its electricity and water bills. Funds raised from a special co-branded, biodegradable credit card, launched at Abu Dhabi Sustainability Week 2013, are now being ...

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