Boeing will get back on its feet, says Lufthansa boss May 19, 2022 Boeing will get back on its feet soon, according to Lufthansa’s boss Carsten Spohr. The airline’s boss said it was backing the plane manufacturer despite the turbulent period it was going through. “Boeing as a symbol of America will get back to its feet,” the German executive said during a luncheon in Washington, adding now [...]
Tourism body calls for global ‘Digital Travel Portal’ May 19, 2022 The World Travel & Tourism Council (WTTC) has called for a Digital Travel Portal to help the global travel and tourism industry built its resilience post-Covid. According to the body, the portal would avoid the industry coming to a standstill in the face of Covid and any future health crisis. Through the portal, passengers could [...]
TfL extends London’s e-scooter trial until November to continue testing the vehicles May 19, 2022 Transport for London (TfL) has announced it will extend its e-scooter trial from 6 June until 20 November. The project, which started in June 2021, was expanded under Department for Transport (DfT) guidance to gather data on usage as well as safety. “We are delighted to be extending our successful London e-scooter pilot in collaboration [...]
Labour calls to ban P&O management from senior positions May 19, 2022 The Labour Party has called to ban the management of disgraced ferry operator P&O from ever holding any kind of senior position after the company sacked 800 seafarers and replaced them with cheaper workers. “P&O brazenly broke the law and they have faced no consequences for their action,” said shadow transport secretary Louise Haigh during [...]
Easyjet ‘in right place’ to meet summer demand, says boss May 19, 2022 Easyjet is “in the right right place” to meet the summer demand, according to chief executive Johan Lundgren. The airline reported that bookings have been above pre-pandemic levels in the last 10 weeks, with the number of tickets sold increasing by 15 per cent on 2019 levels. Lundgren added the airline was “absolutely focused” on [...]
New tube map featuring the Elizabeth Line unveiled by Transport for London May 19, 2022 A new tube map featuring the Elizabeth Line has been unveiled by Transport for London. Ahead of its official launch on Tuesday 24 May, Crossrail appears as a double purple line, differentiating it from other underground routes. In the biggest change to the iconic tube map for years, the new line appears alongside the London [...]
City exclusive: Cordiant Capital’s co-CEO on how to make money in the crowded world of digital infrastructure May 19, 2022 Amid an increased focus on digital infrastructure, data transfers and online storage in practically every market around the world, investment giant Cordiant Capital listed its Cordian Digital Infrastructure arm in London last year. Time for City PM to catch up with Benn Mikula, co-CEO and managing partner at Cordiant Capital, to see how things are [...]
Easyjet makes comeback from pandemic lows as airline expects to sell 97 per cent of all seats next quarter May 19, 2022 Budget airline easyJet said this morning that it hopes to carry nearly as many passengers in the last few months of this year as it did in 2019, marking a comeback from the lows of the pandemic. The business said that it is planning to sell 97% of the seats during the final quarter than [...]
Elon Musk slams rating agency after Tesla removed from ESG index May 18, 2022 Elon Musk has accused a rating agency of being “phony social justice warriors” after it removed Tesla from its ethical investing index. The S&P rating agency booted the EV giant from its ESG index on Tuesday, citing racism accusations at one of the factories and Tesla’s software malfunctions as the main reasons. The serial entrepreneur [...]
Cheaper airport journeys in sight as Elizabeth line tickets will cost half of Heathrow Express May 18, 2022 Travelling to Heathrow aboard the Elizabeth line will cost half compared with the Heathrow Express. Tickets to the airport will be £10.70 off peak and £12.70 at peak times, respectively 57 and 49 per cent less compared with the high speed rail’s £25 ticket, the Evening Standard reported. In terms of duration, Crossrail services departing [...]
