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British Airways BAC One-Eleven in Landor livery at the Imperial War Museum Duxford British Airways L-1011 TriStar in 1984–1997 Landor livery in 1986 The flag carrier was privatised and floated on the London Stock Exchange in February 1987 by the Thatcher government , [ 5 ] [ 60 ] the initial share offering was nine times oversubscribed. [ 72 ]
British Airways plc (BA) ... BA was privatised in February 1987 as part of a wider privatisation plan by the Conservative government.
Bankrupt and rebranded to ITA Airways [46] Berkut Air: Kazakhstan: 2011 Rebranded British Airways: United Kingdom: 1987 Privatised [47] Cabo Verde Airlines: Cabo Verde: 2019 Privatized [48] Cameroon Airlines: Cameroon: 2008 Ceased operations Cyprus Airways (1947–2015) Cyprus: 2015 Bankruptcy Czech Airlines: Czech Republic: 2024 Shut down ...
2018 (31 March): British Airways is the first passenger airline to have generated more than US$1bn (£800m) on a single air route in a year, between London Heathrow and New York JFK.
1939 British Overseas Airways Corporation (BOAC), later British Airways - combining the private British Airways Ltd and the state owned Imperial Airways and placing its control under National Air Communications. 1939-45 During World War II, much of British industry was subjected to close regulation or control, although not nationalised as such.
1 April 1986: Terminal 4 was opened by the Prince and Princess of Wales, and became the home of the newly privatised British Airways. [27] 1987: The UK government privatised the British Airports Authority (BAA) which controls Heathrow [48] and six other UK airports. [27] [49]
Olympic Airways – at first, then Olympic Airlines; the Hellenic State attempted to privatise the ailing airlines five times, more or less, from 2004 onwards. The company was folded and re-created in 2009, and privatized in 2012, under the supervision of the EU and IMF, as it was part of the debt-restructuring process of 2012.
February 11 – British Airways is privatised. [8] February 14 – Since January 1, Iraq has conducted 75 airstrikes against Iranian economic installations. [4] February 15 Iraq claims to have lost three aircraft over Iranian cities since 14 February, at least of them to an Iranian surface-to-air missile. [2]