Tube journeys regularly hitting over 80 per cent of pre-pandemic levels as commuting rebounds July 3, 2023 Weekday tube and bus journeys are regularly hitting over 80 per cent of pre-pandemic levels and often exceed 2019 footfall figures on the weekend, according to Transport for London’s chief operating officer Glynn Barton. The most recent week of TfL tube data shared with City PM shows tube trips reached over 80 per cent of [...]
Jet2 set for bumper profits as Brits opt for better weather and warmer seas July 2, 2023 Jet2 is set to report profits ahead of expectations in its full year results next week, as the leisure travel company eyes a critical summer period ahead. The group now expects pre-tax profits well above previous analysts’ estimates, of up to nearly £400m, well ahead of initial predictions of £377m. It comes amid a rise [...]
Back hydrogen or lose out to Europe and Asia in green race, BMW warns July 2, 2023 Britain must back the roll-out of hydrogen filling stations in the UK or risk falling behind Europe and Asia in the race to roll out greener vehicles, BMW has warned. Jurgen Guldner, manager of hydrogen technology at the Munich-based carmaker, told the Sunday Times that “if the UK government wants to decarbonise,” it must “get [...]
Tuffnells saved from administration by logistics firm Shift with new depots and jobs saved June 30, 2023 Logistics tech company Shift has brought Tuffnells back from the brink of closure by announcing a re-launch of the delivery giant in July. Shift said it is securing the future of the delivery giant by opening 25 depots, nine of which were previously operated by Tuffnells. It comes as Tuffnells collapsed into administration earlier this [...]
London Heathrow confirms Copenhagen hub boss as CEO as it looks towards expansion June 30, 2023 London Heathrow airport has confirmed the boss of Copenhagen’s international hub as its new chief executive. Thomas Woldbye was appointed by its board as the successor to John Holland-Kaye, following a decade at the helm. The new CEO served as chief of Copenhagen Airport since 2011, and previously was previously at Møller-Mærsk, leading the global [...]
Airlines getting off scot-free with no fines issued for decades, says Which June 30, 2023 Airlines are getting off scot-free from penalties with no fines having been issued due to regulatory action in two decades, according to the consumer group Which. Which said Britain’s aviation watchdog – the Civil Aviation Authority (CAA) – should be doing more to “name and shame” airlines, withdraw licences and pursue action “in the courts” [...]
Virgin Galactic completes first successful commercial flight in win for Branson June 29, 2023 Sir Richard Branson’s Virgin Galactic has successfully completed its first commercial flight, taking paying customers to space after nearly two decades of preparation. The British-billionaire’s spacecraft, VSS Unity, took off from Spaceport America in New Mexico at 4.04pm GMT this afternoon, carried under the wing of mothership VSS Eve. After jetting nearly 50,000 ft, the [...]
Rail operators forced to cough up as delay repay claims double June 29, 2023 Rail operators closed more than double the number of compensation claims for delays in the 12 months to March, reflecting in part a “deterioration in train punctuality and reliability” as well as the ongoing effect of strike action. The Office of Rail and Road (ORR) – the sector’s watchdog – said there were 5.9m delay [...]
Elizabeth Line: £19bn route suspended due to SWAN on the tracks June 29, 2023 The Elizabeth Line was suspended on major parts of the route this afternoon as a swan caused major disruption on the popular £19bn route. TFL’s website said that an “obstruction” had caused there to be no service between Heathrow Airport and Abbey Wood, a route that takes travellers through the centre of the city. The [...]
Will millions of Brits flock down under following post-Brexit Aussie visa changes? June 29, 2023 From 1 July, Australia will increase the maximum age of its 18-30 working holiday visa to 35, allowing more than 16m young Brits to live and work down under. The change comes as a result of the recently announced Australia-United Kingdom Free Trade Agreement – the UK’s first since leaving the EU – which altered previous [...]
