The British airline’s cheaper yet premium offshoot, OpenSkies, could be an experiment for a new business model for traditional airlines.

The airline reported a first-half net loss of 49 million pounds, or $77 million, as record oil prices and a global slowdown hit the airline’s bottom line.

The airline reported a first-half net loss of 49 million pounds, or $77 million, as record oil prices and a global slowdown hit the airline’s bottom line.

The German airline Lufthansa will take 80 percent control of BMI British Midland, the British carrier said Wednesday.

British Airways said first- and business-class travel fell 8.6 percent last month.

XL Leisure collapses under the weight of fuel prices, the latest casualty in the travel industry.

XL Leisure collapses under the weight of fuel prices, the latest casualty in the travel industry.

American Airlines rejected claims that a proposed alliance with British Airways would create a monopoly on trans-Atlantic service from London’s Heathrow Airport.

In a stark sign of the turmoil in aviation, British Airways said its earnings had collapsed from April to June and revised its revenue outlook downward for the full year.

British Airways and Iberia, the flag carriers of Britain and Spain, said Tuesday that they were discussing an all-stock merger amid a challenging economic climate.