EasyJet revenues increase as airline prepares for more flights July 20, 2021 EasyJet reports increased revenues as the airline prepares to “emerge transformed post pandemic” and more people travel abroad. Their headline loss before tax was £318m, reduced from £347m last year. The no-frills airline reported a lower cash burn of £55m during the quarter ended 30 June 2021, in line with expectations. Revenue increased to £213m [...]
Northern Rail ticket machines hit by ransomware attack July 19, 2021 Northern Rail’s new self-service ticket machines have been the subject of a ransomware attack, the rail operator confirmed this evening. The machines were taken offline last week and the government-operated franchise has launched an investigation into the attack. It said that no customer or payment data had been accessed by the attack, which was limited [...]
Stellantis to axe shift at Vauxhall plant due to staff shortages July 19, 2021 Stellantis has become the latest carmaker to have its operations disrupted by the number of workers that are being forced to isolate due to Covid-19. The firm today confirmed that it would halt one of the three daily shifts at its Vauxhall van factory in Luton. In a statement, the car giant said: “The safety [...]
Let’s talk logistics: Transport software firm Microlise to float in London July 19, 2021 Transport logistics software group Microlise is set to list on London’s junior market later this week, as the transport industry seeks to slash emissions amid supply chain struggles. “Our customers are under pressure to meet increased environmental regulations and want more integration across supply chains,” CEO Nadeem Raza said. “The challenges of the pandemic and [...]
Bus privatisation a ‘masterclass in how not to run a public service’, report finds July 19, 2021 The privatisation of the UK’s bus industry three decades ago has proved a “masterclass in how not to run an essential public service”, a new report into the sector has found. Philip Alston, a law professor and former UN special rapporteur for poverty, said that since Margaret Thatcher’s reforms in 1985, the country had been [...]
TfL launches campaign to rally confidence in commuters and fill-up tubes July 19, 2021 In its bid to breathe the capital back to life, Transport for London (TfL) has launched its largest campaign since the 2012 Olympics to rally confidence in commuters. Tube and bus networks have been far quieter than they were 16 months ago, so TFL’s ‘Welcome back London’ campaign seeks to highlight what Londoners have missed [...]
France placed under new ‘amber plus’ quarantine rules in last minute government U-turn July 17, 2021 Double-vaccinated travellers from France to the UK will still have to quarantine on return from Monday, after a last minute U-turn announced by the government late on Friday night. As the majority of England’s coronavirus restrictions are dropped on 19 July, fully vaccinated adults arriving to the UK from “amber list” countries will not be [...]
Saudi Arabian wealth fund takes McLaren stake in £550m raise July 16, 2021 Saudi Arabia’s sovereign wealth fund has today taken a stake in iconic supercar maker McLaren through an equity raise. Saudi Public Investment Fund (PIF) has taken part in a £550m raise likely to be unveiled within days, as was first reported by Sky News. Along with investment firm Ares Management, PIF will put £400m into [...]
Face mask mandate to stay for airports and flights July 16, 2021 Travellers will still be required to wear face masks after English legal restrictions ease, UK airports and airlines said in a joint statement today. Passengers who refuse to wear a mask will be denied boarding for both domestic and international flights. Children and those with medical reasons preventing them from wearing a mask will continue [...]
Boeing ordered to check 9,000 737s for switch failures July 16, 2021 The Federal Aviation Administration (FAA) last night told operators of Boeing’s 737 airplanes to carry out checks of the plane’s cabin altitude pressure switches in the latest setback for the aerospace giant. The new directive, which comes just days after the agency found a fault in undelivered 787 Dreamliners, affects some 9,000 planes worldwide. It [...]
