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

It is after the December Passenger numbers were released yesterday

British Airways said passenger numbers to America jumped 4.3% last month, with New York its most popular long-haul destination.

It also said current cancellation rates are 'at normal levels' despite the security clampdown and full-year sales should top forecasts.

The gain came after US securities house Goldman Sachs raised its earnings forecast for 2005 from 19p to 32p, indicating that the long-awaited recovery in the carrier's fortunes may not be that far off.



Goldman made its move despite the controversy this week over flight delays and cancellations to the US following security alerts.


Trading updates today from rivals KLM and United Airlines also suggest BA has been winning back market share. One report claims the number of business travellers carried by BA has started to recover, albeit from a very low base.

Thanks Arawli - that's a really comprehensive explanation!
I got caught shorting BAY yesterday but got out fast.

I have been sitting on a few of these for a few months from 200p and nearly sold them last week after the Washington Flights Problems. Glad I didnt! They IMO are cheap but also are very risky because of all the terrorist activities!

Good for you Arawli - I see theyr'e on the way up again this afternoon (Wed 7/1). Having got my fingers burned I'm keeping out of this one!

bay will hit 380 by end of september ...its flights are fully booked on most routes and service has really improved.

But fuel cost is rising and reducing profitable margins.

I agree with the 380. However, I heard that the head man was leaving.This may put a dampner on things.

Prestige share and lots of smaller investors are buying because they think that B.A. is cheap at current price. Shares like this are affected more by investor sentiment than by fundamentals IMHO.

I have been holding BA shares since Sepember at 200p so I am well in profit but they seem to go up steadily when they seem to be treading water atm between 280-300 so hopefully they can breakout of this range on Monday.

They are a risky short term share but a very good long time hold IMHO.

Andy

BA is certainly a good hold for the long..if you care to notice recently when it goes down it comes right back ..its above its 300p today maybe finish at 305/306,market is a bit quiet, however I am very tempted to buy more as this one is a winner...Ba is going to be the darling of ftse 100 this year...as long as people hold on to their nerves and dont dump!

Could be on for a recovery play If this drops tomorrow.

Could be on for a recovery play If this drops tomorrow.

This is ludicrous...time to fly other airlines...BA thinks it is indispensible



BA to charge 240 for extra bag Thursday February 8, 10:32 AM


British Airways passengers wanting to check in a second bag now face paying up to 240 on top of the price of their ticket.

Travellers on shorter international trips will face a bill of 120 for every extra bag per return journey and those on domestic journeys, 60.

The extra charges come into effect next Tuesday and apply even if the luggage does not go over weight restrictions.

BA said that it wants to simplify baggage charges and insisted "the vast majority of passengers will be better off".

It said the new system aimed for a "single allowance system based on the number of bags that can be checked in" rather than a charge per kilo for excess.

Some airlines, such as Ryanair, already charge for every bag checked in, but critics say the move by BA will damage its reputation as a full-service airline.

And the move has provoked outrage from consumer groups. The Parkinson's Disease Society told the Telegraph they were disappointed the airline "made changes without considering the needs of people with conditions that can affect balance and movement".

But a BA spokeswoman insisted: "We will be supportive and make exceptions when someone has a disability and can not carry a larger bag."

Customers booking online will get a 20 per cent discount on the new rates if they pre-pay.

And flights to America, Canada, the Caribbean, Nigeria, Brazil and Mexico would be exempt from the new charges to bring policy "in line with the local government regulations".

The new charges come after a spate of recent bad publicity for the airline. Last month, strike threats caused chaos BA to cancel hundreds of flights.

They were reinstated at the last moment - too late for many customers who had already found alternative travel arrangements.

Great if you are a shareholder though?
97 pence 4years ago now 550,heading towards700,and potentially 900 it there is a bid around,

I often fly Ba for less than what ryannair charge on a shorthaul flight so NO complaints,they have lowered their fares and are increasing add ons just like their competitors dont you think?

Up to 240 per bag...this is certainly outright extortion in the airport

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BA to introduce new luggage charges
AFX


LONDON (AFX) - British Airways PLC said it will start charging passengers for taking more than one item of checked-in baggage on flights from next Tuesday.

BA said economy class travellers wanting to put more than one piece of luggage weighing up to 23 kilograms in the aircraft's hold will have to pay 30 stg per bag on domestic flights, 60 stg on continental European services and 120 stg per bag on long-haul flights.

The UK flag carrier said it is introducing the changes 'to create the best possible airport experience' at Heathrow's new Terminal Five and to simplify existing charges, which vary according to weight, route and class of travel.

BA said it will continue to accept bags at check-in weighing up to 32 kgs for travel completed by Sept 30 'to allow our customers to become familiar with our new baggage policy'.

The airline said more than 98 pct of its customers currently travel within free luggage allowances and most of them check in no more than one item of luggage per person.

'Our free luggage allowances, for both carry-on and checked-in luggage, remain among the most generous in the aviation industry,' it said in a statement.

BA said all travellers to the US, Caribbean, Nigeria, Mexico and Brazil still will be able to check in two pieces of luggage free of charge.

The group also said those people who clearly cannot comfortably manage one bag and need to carry a second bag will be able to do so free of charge, provided they do not exceed the 23 kilo limit. One piece of sporting equipment will also be allowed free.

philip.waller@thomson.com

paw/tc



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BA to introduce new luggage charges
AFX


LONDON (AFX) - British Airways PLC said it will start charging passengers for taking more than one item of checked-in baggage on flights from next Tuesday.

BA said economy class travellers wanting to put more than one piece of luggage weighing up to 23 kilograms in the aircraft's hold will have to pay 30 stg per bag on domestic flights, 60 stg on continental European services and 120 stg per bag on long-haul flights.

The UK flag carrier said it is introducing the changes 'to create the best possible airport experience' at Heathrow's new Terminal Five and to simplify existing charges, which vary according to weight, route and class of travel.

BA said it will continue to accept bags at check-in weighing up to 32 kgs for travel completed by Sept 30 'to allow our customers to become familiar with our new baggage policy'.

The airline said more than 98 pct of its customers currently travel within free luggage allowances and most of them check in no more than one item of luggage per person.

'Our free luggage allowances, for both carry-on and checked-in luggage, remain among the most generous in the aviation industry,' it said in a statement.

BA said all travellers to the US, Caribbean, Nigeria, Mexico and Brazil still will be able to check in two pieces of luggage free of charge.

The group also said those people who clearly cannot comfortably manage one bag and need to carry a second bag will be able to do so free of charge, provided they do not exceed the 23 kilo limit. One piece of sporting equipment will also be allowed free.

philip.waller@thomson.com

paw/tc



COPYRIGHT



Copyright AFX News Limited 2006. All rights reserved.

The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.



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Sorry did not mean to post it twice,

British Airways starting to slip as it made itself to be unpopular by charging extortonist rates on luggages and pension unrest among its employees is also a sticky issue. Message is SELL. Now 495p.

British Airways has totally lost its reputation, wanting to charge for luggages and being absolutely irresponsible for losing passengers' luggages.
SELL BA


BA worst airline for losing bags in Europe
By David Millward, Transport Correspondent
From the Daily Telegraph - 04/04/2007


British Airways was named and shamed yesterday as the carrier which lost more bags than any of its European rivals.

BA admitted that its performance had not been acceptable, but said the problems were due to curbs imposed on carry-on luggage. As millions of passengers prepare to leave Britain for one of the busiest holiday weekends of the year, BA's record was highlighted in a survey by the Association of European Airlines.

It showed that BA mislaid 23 bags per 1,000 passengers last year, two more than the carrier in second place, TAP Air Portugal and nearly five more than Lufthansa.

A BA spokesman admitted that its performance had not been acceptable, but said the problems had been triggered by a 25 per cent rise in the number of bags being checked into the hold after curbs were imposed on the amount of luggage passengers could take on board in August.

Its difficulties were exacerbated by the fog which engulfed Heathrow in the days leading up to Christmas.

According to the Air Transport Users Council, the consumer watchdog, 5.6 million bags were "mishandled" last year by 24 European carriers. The list does not include a number of no-frills airlines such as easyJet and Ryanair.

While 85 per cent of "mishandled" bags are normally reunited with their owners within 48 hours, more than a million take more than two days to be returned and some are never found.

"When we hand our suitcases over to the airline at check-in we should be able to expect that they will arrive with us at our destination airport," a spokesman for the council said.

"If they do not, airlines are usually able to track them down and get them back to us eventually. But the process of getting reasonable redress from an airline is not as straightforward as many people expect."

Passengers' rights to compensation are limited to 800 by the Montreal Convention. But this money is only paid once it is accepted that a bag has been lost.

Passengers are not entitled to any recompense for out-of-pocket expenses they can incur while a bag is missing.

The figures will be a worrying backdrop for passengers preparing to leave Britain.

BAA, which owns the country's seven largest airports, expects to handle 2.5 million people over the Easter weekend. Heathrow will be especially busy with 1.1 million passengers passing through, while Gatwick will cope with 600,000.

Manchester Airport expects to have 600,000 passengers over the next 10 days and it warned them that they could face long security delays if they fail to keep up with the latest restrictions.

Like a number of other airports Manchester has taken on extra staff to minimize the prospect of long queues.

"We want all our passengers to have a hassle-free start to their Easter holiday", said Manchester Airport's Director of Customer Services and Security Mike Fazackerley.

"Passengers who have checked the hand luggage restrictions arrive at the terminal well prepared and have a far smoother experience as they go through security."