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Transport & Infrastructure

  • Wizz Air to buy up to 196 Airbus A321

    November 14, 2021

    Wizz Air has announced the purchase of 102 Airbus A321 aircraft – divided between 75 Airbus A321neo and 27 Airbus A321XLR – that will be delivered between 2025 and 2027. It follows Airbus’s forecast that up to 39,000 new aircraft will be built by 2040, as a result of increasing passenger numbers as well as [...]

  • Supply chain crisis could last until 2023, UK ports warn

    November 14, 2021

    The supply chain crisis could last up until 2023, Associated British Ports (ABP) – the UK’s biggest port operator – has warned. ABP’s chief executive Henrik Pedersen, told the Sunday Times: “When you have congested container ports around the world, it takes a very long time to turn it around. We have a shortage of [...]

  • Airbus predicts 39,000 new planes will be built by 2040

    November 14, 2021

    Aircraft manufacturer Airbus is predicting that around 39,000 new planes will be built by 2040 as passenger traffic and the need for replacing old models increase. Out of the overall 39,000 expected, 15,250 aircraft will be destined to replace less fuel-efficient models. This will result in the majority of commercial planes in operation becoming fuel-efficient [...]

  • HS2’s eastern to be scrapped while northern railways get £100bn

    November 14, 2021

    Transport secretary Grant Shapps is expected to face criticism over the rumoured decision to scrap HS2’s eastern leg that would connect Birmingham to Leeds. Announcing the outcome of the Rail Integrated Plan on Thursday, Shapps is likely to confirm the decision, while setting forth an almost £100bn investment in the English railway network, the Sunday [...]

  • Heathrow lambasted by Virgin Atlantic and BA’s owner over fees

    November 14, 2021

    British Airways’ (BA) former boss Willie Walsh alongside Luis Gallego – the chief executive of BA’s owner IAG – and Virgin Atlantic’s chief Shai Wess has lambasted Heathrow airport for its decision to increase fees. Walsh, Weiss and Gallego, writing on the Sunday Telegraph, have criticised the London hub saying it is ‘”back at its [...]

  • Exclusive: En+ chairman and former minister Lord Barker warns ‘don’t expect a big bang’ from COP26

    November 14, 2021

    Many eyes were on Lord Gregory Barker of Battle earlier this week, as ‘his’ global energy giant En+ was at the heart of COP26’s complex ecosystem of executives, government reps, lobbyists, NGOs and activists in Glasgow. Lord Barker was appointed independent chairman of the En+ Group board of directors in October 2017, just before the company’s [...]

  • Grant Shapps alleged to be lobbying against government housing plans

    November 14, 2021

    Transport secretary Grant Shapps has allegedly spent public money on lobbying to oppose the government’s plans to build on private runways, the Sunday Times reported. An aviation aficionado, Grant’s reported fight against development plans has led housing agency Home England to withdraw plans for thousands of homes to be built, including a project to build [...]

  • Exclusive: Isle of Man home to more private jets than France, Italy or Spain

    November 13, 2021

    There are around 2,444 private jets registered in Western Europe, compared to 2,414 in 2020 and 2,344 in 2019, according to new research from private jet broker Colibri Aircraft, shared exclusively with City PM this weekend. Germany has the largest fleet of registered private jets with 485, and this is followed by the UK, including [...]

  • The Spotify of micromobility: How a different business model can carve a niche in London’s e-bike market

    November 13, 2021

    As COP26 has drawn to a close, many were disappointed by world leaders lacking to focus on one of the biggest weapons we have to achieve net zero targets: bikes.  On Wednesday – COP26’s Transport Day –  dozens of people in Glasgow rang their bicycle bells in protest against active travel solutions being a mere [...]

  • Rolls-Royce reaches agreement with union over Barnoldswick’s future

    November 12, 2021

    Rolls-Royce has reached an agreement with UK union Unite to operate the Barnoldswick factory in Lancashire for another 10 years, freezing compulsory redundancies for five years. The agreement builds on protections that were previously secured in 2020. “This is a tremendous achievement for the workers at Barnoldswick who have stood solidly in support of one [...]

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