Heathrow Terminal 5 latest: British Airways Chief executive Willie Walsh has said the company failed to predict the problems that blighted the opening of Heathrow’s Terminal 5. Mr Walsh told MPs he had believed the terminal was ready for its opening in March, but with hindsight, he would have done things differently. He said “a combination of factors” had caused the fiasco, including a lack of training for staff.
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• Easyjet warns of impact of rising oil prices
  Easjyet believes many of its “weaker competitors” will disappear or downsize if oil prices continue to rise. Unveiling its interim financial results today, the airline’s chief executive Andy Harrison said oil remains the biggest challenge and uncertainty. “The price of jet fuel has risen 35% over the last three months and is now 80% higher than last year,” he said.
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• Chile volcanic eruption :
  A towering plume of ash from an erupting volcano in Chile’s remote Patagonia could rain down on the surrounding area and cause devastating damage, a volcano expert warned on Friday.
  Read more @ http://www.reuters.com