British Airways today announced that it will launch six times a week, non-stop flights between South Korea's Seoul Incheon airport and London's Heathrow airport from December 2, 2012. This announcement comes after British Airways’ parent company, IAG, recently decided to grow its presence in Asia. The tickets for flights between Seoul and London are available from today, informed the airlines release.

British Airways (BA) and CitationAir have introduced a new private jet service exclusively for British Airways customers flying within North America and the Caribbean.

British Airways (BA) has announced a limited─period upgrade offer on all its flights from India to London. Passengers travelling from India on British Airways in World Traveller can now get upgraded one─way to the airline's Premium Economy cabin – World Traveller Plus for free.

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The fare from all five gateways in India to London Heathrow is Rs 40,763 (inclusive of all taxes and surcharges). These five gateways are Mumbai, New Delhi, Bengaluru, Chennai and Hyderabad. The offer is valid till August 31, 2009 and outbound travel should take place before October 31, 2009.

Judy Jarvis, Regional Area Commercial Manager, South Asia, British Airways said, “We continue to provide our customers with outstanding service at the best value for money. This is a fabulous way to treat yourself to an upgrade while paying the economy fare. We are sure that our discerning Indian customers like the opportunity to enjoy more space and privacy along with unmatched service on board our flights.”

British Airways (BA) is learnt to be in talks with GoAir to strike a code-sharing, co-branding and marketing agreement.

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This may eventually lead to acquisition of equity stake by BA in GoAir once India opens up investment by overseas airlines in domestic firms.

A person familiar with the situation said GoAir has appointed a London-based boutique investment bank, Euromax Capital for the transaction. He said the sharing agreements are expected to take place shortly. It will help BA to consolidate its market position in India, which is its largest contributor of passenger volumes after the US. GoAir will benefit from the BA network in India, in addition to the foreign carrier’s brand recall.

GoAir has three aircraft while BA has 48 flights a week from various Indian cities. The source said GoAir is looking at raising $150-170 million through dilution of a 35-40% equity. If the deal goes, it will value GoAir at around $350 million. When asked, the spokespersons of both GoAir and BA declined to comment. Both of them said that they do not comment “on market speculation.” Subodh Agrawal, chairman of Euromax Capital, also declined to comment on deal citing confidentiality agreements.

Piyush Pandey & Mithun Roy/Economic Times