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British Airways has announced that it is to bring back into service two of the Boeing 747 jumbos it grounded when passenger traffic all but dried up during the recession. The two planes, each capable of carrying 350 passengers, have been retrieved from Victorville in California’s Mojave Desert, where the arid conditions help stave off corrosion, and are undergoing maintenance checks.
One of the 747-400s will take the place of a Boeing 777 between London and Dallas. The smaller plane will then be used to add an extra service between Heathrow and JFK. According to James von der Fecht, a spokesman [...]

Yesterday’s walkout by Spanish workers meant hundreds of flights had to be cancelled causing travel chaos for thousands. The 24-hour strike, a protest against the government’s austerity measures, is expected to continue to disrupt many people’s travel plans today.
Ryanair said it had to cancel the majority of its flights to Spain and scrap all internal flights. A spokesman for the airline said because the Spanish government had not been able to provide minimum service guarantees to non-Spanish airlines around 46,000 passengers had been affected by the cancellation of 308 flights.
Ryanair has assured all disrupted passengers that they will be allowed [...]

 
A law firm representing Philips and Ericsson says Air France-KLM faces a claim for up to 500 million euros. The companies are seeking compensation through litigation firm Claims Funding International (CFI) for alleged cargo price fixing.
 
The law firm said the damage claim currently stands at 400 million euros but added that this could exceed 500 million euros by the time the case goes to court as interest for harm suffered since 2000 could be taken into account.
 
Sweden’s Ericsson firm has declined to provide any details but did say that it is one of the main claimants in the legal [...]

Car hire company Hertz is waiting to see if shareholders in the Dollar Thrifty Group will approve a takeover today.
If Dollar investors decide the deal offered by Hertz is not good enough, it is likely Hertz will walk away from the negotiating table. This will clear the way for rival car rental firm Avis to [...]

 
Car rental company Avis has revealed that it is willing to consider a break-up fee with its offer for Dollar Thrifty if Hertz rental firm abandons its takeover bid. Dollar Thrifty shareholders are due to vote on a $1.5 billion Hertz offer this week. The company have been sparring with Avis in an attempt to acquire the smaller company. Hertz has said it will stop pursuing of Dollar if its offer is binned.
 
Speaking in a statement, Avis announced that while the company has previously insisted that it would not offer any reverse termination fees if Hertz enjoyed matching rights, now [...]