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British Caledonian (BCal) was a private independent airline in the United Kingdom that operated from 1970 until it merged with British Airways in 1988. It operated primarily from London Gatwick Airport in south-east England. BCal was formed by the merger of Caledonian Airways [nb 1] and British United Airways (BUA).
Key objects in the collection include: The financial scandal of the 1720s, the South Sea bubble, with reports in the Weekly Journal or Saturday’s Post of how Parliament decided that if they left the country, the directors of the South Sea company "shall suffer death as a felon without benefit of clergy and forfeit to the King all his Lands, Goods and Chattels whatsoever."
The Government's conflict of interest as the sole owner of British Airways as well as the regulator for all British airlines. The 1976 "spheres of influence" policy that left both major British scheduled airlines with fragmented networks, thereby putting them at a competitive disadvantage vis-à-vis their main international rivals.
British Caledonian (BCal) came into being in November 1970 when the Scottish charter airline Caledonian Airways, at the time Britain's second-largest, wholly privately owned, independent [nb 1] airline, took over British United Airways (BUA), then the largest British independent airline as well as the United Kingdom's leading independent scheduled carrier.
Goldman Sachs, the investment bank that worked on SAS's bid for 26% of the British Caledonian Group's common stock, proposed this to be structured as a so-called "exploding share". This would have enabled SAS to increase its holding in British Caledonian Group plc to a maximum of 40% through subsequent acquisition of additional non-voting shares.
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The Caledonians (/ ˌ k æ l ɪ ˈ d oʊ n i ən z /; Latin: Caledones or Caledonii; Ancient Greek: Καληδῶνες, Kalēdōnes) or the Caledonian Confederacy were a Brittonic-speaking tribal confederacy in what is now Scotland during the Iron Age and Roman eras. The Greek form of the tribal name gave rise to the name Caledonia for their ...
From 1981 to 1989, Robert the Bruce was portrayed on £1 notes issued by the Clydesdale Bank, one of the three Scottish banks with right to issue banknotes.He was shown on the obverse crowned in battle dress, surrounded by thistles, and on the reverse in full battle armour in a scene from the Battle of Bannockburn. [4]