Hire offer needed: Europcar rebuffs Volkswagen bid valuing it at €2.2bn June 23, 2021 Car rental giant Europcar has rebuffed an offer from VW and Audi owner Volkswagen, according to reports, that values the hire firm at €2.2bn (£1.88bn).
Haulier shortage putting construction work ‘under enormous pressure’ June 23, 2021 A shortage of hauliers due to the UK’s departure from the EU and Covid testing rules is becoming a “critical nationwide problem” for the construction industry, which is already battling disrupted supply chains. Government advisory body the Construction Leadership Council (CLC) today said that a lack of drivers was now causing construction delays and pushing [...]
Travel industry protest: Airline and tourism workers’ plea to ‘save summer holidays’ June 23, 2021 Travel industry protest: Airline and tourism workers' plea to 'save summer holidays'
London launches England’s first hydrogen-powered double decker buses June 23, 2021 Transport for London (TFL) will today add 20 new environmentally friendly hydrogen double decker buses to its fleet. Launched by London mayor Sadiq Khan in Ealing, the buses will provide commuters with smoother, quieter journeys thanks to less vibrations. Free-to-use USB charging ports will also be available onboard. They will join more than 500 electric [...]
Boeing opens $500m compensation fund for 737 MAX crash victims’ families June 22, 2021 Boeing opens $500m compensation fund for 737 MAX crash victims' families
Senior rejects Lone Star’s £840m take-private bid June 22, 2021 Aerospace engineer Senior has rejected private equity firm Lone Star’s £838.8m final takeover offer, it announced this afternoon. The firm’s board said that the offer “continues to fundamentally undervalue Senior and its future prospects”. Lone Star said that the offer, which priced the Rickmansworth-based firm’s stock at 200p per share, was its fifth and final [...]
Bolt drivers strike over workers rights snub June 22, 2021 Drivers for ride-hailing app Bolt have this morning begun a 24-hour strike against the firm, saying that has failed to respect their rights as workers in line with the Supreme Court’s historic Uber judgement in February. The App Drivers & Couriers Union (ACDU), which called the strike, said that it believed Bolt drivers worked under [...]
Tui joins BA and Virgin Atlantic in Ryanair’s legal battle against travel traffic light system June 22, 2021 Tui joins BA and Virgin Atlantic in Ryanair's legal battle against travel traffic light system
UK aviation industry sets new decarbonisation goals June 22, 2021 The UK aviation industry has today set out its first ever interim decarbonisation targets as the sector sets a course for achieving net zero emissions by 2050. By 2030, the sector will look to reduce emissions by 15 per cent compared to 2019’s levels, and by 2040 it is aiming for a 40 per cent [...]
Aston Martin set for legal dispute over payments for £2.5m Valkyrie ‘hypercar’ June 22, 2021 Aston Martin this morning said that it was launching legal proceedings against a Swiss car dealership for withholding over £10m in customer money. The iconic British carmaker said that Nebula Project AG had failed to pay customer deposits for the £2.5m Valkyrie hypercar programme. The marque also said that it was terminating its relationship with [...]
