Latest Travel news and tips

Here is a weekly round up of the travel news articles and travel tips by cheaperholidays.com.

British Airways is to raise £600 million in new funding to help it survive the global recession.

The troubled carrier will issue £330 million in convertible bonds to shareholders and pocket £300 million worth of bank guarantees linked to its UK pension scheme.

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Travel advice Majorca – holiday tips

APD Air Passenger Duty – contact your MP

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The ATOL Protection Contribution is to increase from £1 to £2.50 from October 1 2009. Which is an extra charge on top of your holiday price.

In a written statement, parliamentary secretary of state for transport Paul Clark said the increase would minimise the burden on travel companies and consumers.

He said: “I am aware of the extra burden this will place on travel companies and consumers at difficult times, which is why I have agreed to an increase at the bottom of the range consulted on by the Civil Aviation Authority (CAA).