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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).
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.
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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.
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.
The Caledonian Sleeper is an overnight train service from London to Scottish destinations. The Inverness Caledonian Thistle F.C. is a professional football club. In music, " Caledonia " is a popular Scottish patriotic song and folk ballad written by Dougie MacLean in 1977 and published in 1979 on an album of the same name; it has since been ...
Caledonian Airways was a charter airline in the United Kingdom established in 1988 by rebranding British Airtours when that company's parent British Airways took over British Caledonian. It merged in 2000 with Flying Colours Airlines to form JMC Air .
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 ...