Airlines to cut Heathrow flights amid security row

Airlines will cut 20% of flights departing London's Heathrow Airport on Monday following a directive by the airport's owner amid a growing dispute over how to handle tougher security measures. The directive followed a 30% reduction in flights on Sunday as airlines struggle with tight security at British airports following what police said was a foiled plot to blow up transatlantic airliners. BAA threatened to deny airlines the use of airport facilities if they did not comply.

British Airways said it was complying with the directive and expected to cut 20% of its flights from Heathrow on Monday. British low-cost carrier easyJet said it expected to cancel about 30 flights. Ryanair, Europe's largest low-cost airline, earlier called on Britain to revise what it called "heavy handed" airport security measures and said London's airports were on the brink of collapse.

- Looks like a form of demand destruction from a peakoiler point of view.

(2006-08-14 19:54:35 SGT) [Biz] Permalink

Comments:

Post a Comment:

Comments are closed for this entry.

« Grandmother grows... | Main | Oil drops 1% on... »

Most popular blog postings on lowem.log :

1. Singapore SIBOR rate falls to 0.94% in Nov 2008, lowest since Jul 2004
2. Baltic Dry Index falls 93% as shipping rates plunge, signalling global economic collapse
3. Singapore SIBOR rate falls to 1.31%, lowest since Nov 2004
4. Singapore SIBOR interest rates fall to 1.5%, lowest since Dec 2004
5. Live spot gold price quotes chart on COMEX
6. 2010 Honda Civic Hybrid preliminary specifications released
7. Fuel prices seen stoking Malaysia inflation in 2008
8. How to insert currency exchange rates into Google Spreadsheets

Featured articles on lowem.log :

1. ABC Guide to Beating Inflation in Singapore and Elsewhere
2. Singapore inflation rate hits new 26-year high of 7.5% in Apr 2008
3. Baltic Dry Index falls 93% as shipping rates plunge, signalling global economic collapse
4. 67000 China factories closed in H1 2008 as global economic collapse takes hold
5. 2010 Honda Civic Hybrid preliminary specifications released
6. Peakoiler buys 2008 Honda Civic Hybrid FD3
7. NYMEX crude oil recovers from $32.40 low after 2.2 mbpd OPEC production cut announced
8. Singapore SIBOR rate falls to 0.94% in Nov 2008, lowest since Jul 2004