Anyone know why BAY is rising so strongly in spite of all the bad news regarding delayed flights, etc.?
All comments appreciated

BA facing multi-mln stg compensation bill for cancelled flights - AFX

LONDON (Thomson Financial) - British Airways PLC is facing a multi-million pound compensation bill after failing to keep secret a deal in which it agreed to pay passengers 430 stg each for cancelling their flights, the Times reported.

The airline has agreed to pay compensation and legal costs for two passengers stranded in Cape Town after their flight was cancelled on Feb 2, the newspaper reported.

BA tried to keep the offer secret and prevent other passengers from claiming by insisting the passengers and claims handling company signed a confidentiality agreement.

However, the Netherlands-based company, EUClaim, has refused to sign the agreement and yesterday told BA it would apply to have the case heard in a Dutch court, saying it wanted the hearing to establish a ruling saving passengers from having to spend a great deal of time fighting their cases.

The deal opens the way for thousands of passengers left stranded in February due to an industrial dispute to claim against the airline, the Times said.

BA told the Times it had made the offer of compensation to EUClaim without admitting liability.

'We notified passengers we were cancelling flights and gave them the option to rebook or refund their flight,' a spokesman said.

British Airways is very irresponsible demonstrating poor management. BA will drop further to 280p imo.

hlyeo98: You are boring. You hate BA. Get over it.

It will not drop to 280,if it does it will be an awsome buying opportunity.Its a great stock to trade in,my BEST money maker overall,with the exception of OXS,my money is much safer here.
BA management have steered the ship well given the huge challenges they have faced in the past,they are one of the worlds MOST PROFITABLE airlines.

just think about. RYANAIR AND EASYJET.

easyJet said today it carried 13.2% more passengers last month than it did in November 2006.

The Luton-based low cost airline said it carried 2.88 million passengers last month compared to the 2.55 million that flew with the airline during the same period last year.

easyJet's load factor, how full its aircraft were, was up 0.3 percentage points on the same month last year to 80.8%.

POST that on the easyjet thread bayliss,whilst easy are a n incredible success and have made me mega profit,its a completly different animal to BA.

BAYLIS The last time I looked "RYANAIR AND EASYJET" did not fly longhaul out of Heathrow.

ok sorry.

Chart don't look good...280p on the way.

286p now. BA will slide past 280p easily.

KEEP BUYING!

AND keep losing money.

Why keep loosing money?,biggest profits ever posted,valuble heathrow slots,high oil prices ,uncertainty of open skies,move to terminal 5,way oversold,this has been my best performing share,average price 190,buy on the lows sell on the highs.

267.5p at the mo. I think it will go to 240p.

I See it going lower terminal 5 a joke, 195p

When can sharehoders expect a dividend. Is this company being run for the benefit of employees, trade unions , directors , passengers, suppliers, aircraft manufacturers, leasing companies,fuel suppliers, airport owners, the inland revenue,etc..... It is certainly not being run for the benefit of the environment or the long suffering shareholders.

Trust BA to fly in the opposite direction to the markets,rumour again that emirates are looking,denied of course,but its as cheap as chips.

293pence.

not for now capetown.