P&O Ferries boss apologises ahead of hearing tomorrow amid PM claims company broke law March 23, 2022 P&O’s chief executive Peter Hebblethwaite apologised today to his staff ahead of tomorrow’s joint parliamentary hearing as Prime Minister Boris Johnson claimed the ferry operator has broken the law. Hebblethwaite said sacking almost 800 seafarers was an “incredibly difficult decision” but necessary to save the company. “I want to say sorry to the people affected [...]
Automotive industry calls on Government to deliver more EV infrastructure to ease “charging anxiety” March 23, 2022 The Society of Motor Manufacturers and Traders (SMMT) has called on the UK Government to deliver more investment in electric vehicle (EV) charging infrastructure to ease this decade’s “charging anxiety.” According to data, the ratio between charging infrastructure and number of electric vehicles has worsened in the last year. “Last year, it was about one [...]
DWS publishes Stagecoach offer giving shareholders until 21 May to accept March 23, 2022 German asset manager DWS published today its final offer to Stagecoach, giving the company’s shareholders until 21 May to accept it. Stagecoach said the £594.9m cash offer will offer investors a 54.3 per cent premium on the bus company’s closing price on 20 September, as well as 37.2 per cent increase on the closing price [...]
Vehicle analytics supplier Quartix expects nearly 25 per cent increase in installations for first quarter March 23, 2022 One of Europe’s top suppliers of vehicle telematics and analytics increased unit installations by nearly 25 per cent in the first quarter of the year. Quartix Technologies is to hold its Annual General Meeting later today, and in a trading statement, said its experienced “strong growth” across the early part of 2021, which is expected [...]
Mayor of London Sadiq Khan issues high air pollution alert for today and tomorrow March 23, 2022 The Mayor of London has triggered a ‘high’ air pollution alert for today and tomorrow as London experiences imported pollution from the continent alongside a build-up of local emissions, Sadiq Khan’s office said in a statement. This is the first ‘high’ pollution alert that the Mayor has issued since August 2020. ”Toxic air is extremely dangerous [...]
P&O Ferries to pay £36.5m compensation to workers affected by layoffs March 22, 2022 P&O is set to pay a total of £36.5m to workers who were fired last week in a four-minute video call. The company said that 575 of the 786 seafarers affected by the job cuts are expected to progress with the severance offer, which in some cases amounts to £170,000 per person, Sky News first [...]
CAA board member steps down over IAG conflict of interest March 22, 2022 A member of the Civil Aviation Authority (CAA) was forced to step following a conflict of interest, the aviation regulator announced yesterday. A former British Airways’ (BA) director of engineering, Garry Copeland resigned after a CAA audit of the members’ financial interest found he was holding some shares in BA’s parent company IAG instead of [...]
Flybe sets April as restart date with half a dozen routes serving capital’s airports March 22, 2022 Flybe announced today it will restart operations from mid-April, more than two years after its collapse. The regional carrier said that, starting from 13 April, it will operate up to 530 flights per week across 23 routes, serving airports such as Belfast City, Heathrow and Birmingham. “We think our new flights will benefit everyone who [...]
Russia re-registers 800 aircraft amid anti-sanctions campaign March 22, 2022 Russia said today it has re-registered 800 aircraft after President Putin signed a law last week which allows Russian carriers to take ownership of foreign-leased planes. The news comes on the same day Moscow said 78 of its aircraft were impounded by foreign governments. “(We have) lost 78 planes,” said Russian transport minister Vitaly Savelyev. [...]
Air Canada snubs neighbour Boeing and buys 26 Airbus planes March 22, 2022 Air Canada snubbed US plane manufacturer Boeing and ordered 26 aircraft from EU rival Airbus, the company announced today. The airline announced it was acquiring 26 extra-long range versions of Airbus A321neo, which will be used on North American as well as several transatlantic routes. Air Canada will lease 20 planes from lessors such as [...]
