British Airways' cabin crew calls for three 72-hour strikes
British Airways said more than 700,000 passengers would face massive disruption after its cabin crew called for three 72-hour strikes on January 29, February 5 and February 12 following the collapse of negotiations over working conditions last night.

Thousands of flights are likely to be cancelled if the three-day strikes go ahead.

The financial cost to BA is expected to run into the tens of millions of pounds, on top of the estimated £125m lost from the last year's disruption.
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Delta to discuss increased $10.2bn bid by US Airways
The board of Delta Air Lines will discuss the hiked $10.2 billion (£5.16 billion) hostile takeover bid from US Airways.

Delta's management has said that it opposes a merger with US Airways, but has now admitted that it was obligated to review US Airways' improved offer made on January 10.

The board of the company rejected US Airways' initial offer, made last November. The current offer is about 20 per cent higher than the original.

Delta's amended reorganisation plan includes a call for unsecured creditors of its Comair subsidiary to receive between 76 per cent and 100 per cent of their allowed claims. There are roughly $1.4 billion in unsecured claims against Comair, of which about $800 million is projected to be allowed claims, Delta said.

Delta added that general unsecured claims against Comair would be paid through the issuance of new Delta stock once the group emerges from bankruptcy.
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