Kuwait’s Agility locks in John Menzies takeover after upping offer to 608 pence February 21, 2022 The board of John Menzies plc has accepted an offer from Kuwaiti firm Agility, which is set to see a subsidiary of the Kuwaiti logistics company take over the Scottish aviation firm. Menzies has said it will recommend its shareholders accept an offer from Kuwaiti firm Agility Logistics, through which Agility subsidiary National Aviation Service [...]
Congestion charge returns to pre-pandemic hours from today February 21, 2022 Starting today, the congestion charge applied to those driving into central London will no longer be active on weekdays from 6pm. The price cap, instead of going back to £11.50, will remain at the current rate of £15. The decision was made by London mayor Sadiq Khan in mid-December to strike a balance between helping [...]
TfL long-term funding talks with government postponed until Friday February 21, 2022 Government talks over a long-term funding deal for Transport for London (TfL) have been postponed until this Friday, both transport secretary Grant Shapps and TfL have confirmed. “We have agreed with the government that our existing funding agreement will be extended until 25 February so that these discussions can be concluded,” said a TfL spokesperson. [...]
Brits told to stay at home and commuters urged not to travel today as storm Franklin reaches the UK February 21, 2022 Brits are urged to stay at home while train operators have warned customers to “avoid travel if possible” today as services are expected to be paralysed by gale-force winds and lashing rain. National Rail has warned anyone making essential journeys once services resume to expect “major disruption” to routes “across most of Great Britain” – [...]
Lufthansa suspends all fights to Ukraine amid invasion fears February 20, 2022 Lufthansa has announced it will be suspending all flights to the Ukraine capital Kyiv from tomorrow as fears of a Russian invasion grow. The German airline said it will also stop flights to Odessa, a key port city on the Black Sea. The response contrasts to the Irish budget airline Ryanair and the Hungarian Wizz [...]
Transport for London warns of potential bankruptcy as funding crisis deepens February 19, 2022 Transport for London (TfL) may have to declare itself bankrupt if the government does not say whether it will cough up fresh funding in the coming days, the Mayor’s office has said.
Energy firms scramble to restore power after Storm Eunice batters Britain February 19, 2022 Energy firms are scrambling to restore power to over 300,000 homes after Storm Eunice swept across the country yesterday, killing at least four people and inflicting severe damage to property.
Why 2021 was such a favourable year for electric cars February 19, 2022 In the words of Erik Fairbairn, chief executive of LSE listed electric vehicle (EV) Pod Point, 2021 was the year electric cars became a mass market. Not only did his company post record profits in the first results since its IPO but, overall, the industry has boomed in the last 12 months. EV output emerged [...]
The sky is the limit: Sustainable aviation does not need to be an oxymoron February 19, 2022 Aviation and sustainability don’t exactly go hand in hand. With aviation responsible for approximately 2.5 per cent of the carbon emissions that are warming the planet, according to the International Energy Agency, clearly something needs to be done. “Businesses and consumers alike agree that flying less is vital today than it has been in the [...]
NAS goes on shopping spree and acquires an additional stake in Menzies February 18, 2022 Kuwait-based firm seems to have gone on a shopping spree today, as it announced its parent company Agility had acquired an additional stake in aviation services giant Menzies. The company said it had entered contracts to buy a further 5.3 million ordinary shares, around 5.8 per cent of Menzies’s issued capital at a price of [...]
