€229m drop in April: Imports from Britain to Ireland continue downward slope June 15, 2021 Irish imports from Great Britain in April decreased 20 per cent from a year ago. Imports have continually fallen since Brexit, according to a Bloomberg report. Ireland’s statistics office today reported imports from Britain fell by €229m compared with April 2020. The greatest decreases were in the imports of “Food and live animals” and “Chemicals and related products”. Goods [...]
Rail industry puts service and job cuts on the line amid warnings that government support ‘not unlimited’ June 15, 2021 The rail industry is taking steps to trim services and cut jobs in a bid to save £2bn a year as it warned that the government’s current support for the sector was “not unlimited”. Since the beginning of the pandemic in March last year, ministers have spent over £10bn – £800m per month – propping [...]
Airlines add extra seats to rare green list destinations Gibraltar, Iceland and Israel June 15, 2021 Airlines add extra seats to rare green list travel destinations Gibraltar, Iceland and Israel
Ryanair boss says UK and EU flying bans over Belarus ‘not the way forward’ June 15, 2021 The UK and EU’s bans on flights crossing over Belarussian airspace is “not the way forward” and should not be in place long-term, according to Ryanair chief executive Michael O’Leary. O’Leary told MPs today that the Belarussian government’s move to ground a Ryanair flight and detain an opposition journalist was a “state sponsored hijacking”, but [...]
Emirates secures $3.1bn from Dubai as it swings to pandemic loss June 15, 2021 State-owned airline Emirates has revealed the extent of the support it received from Dubai as the pandemic drove the company to its first loss in over three decades. The Dubai government has pumped $3.1bn (£2.2bn) into the airline since the start of the pandemic, including a $2bn equity injection last year. It came as Emirates’ [...]
Countries crack down on UK travellers amid Indian variant fears June 14, 2021 The Netherlands and Abu Dhabi have introduced coronavirus quarantine restrictions for UK travellers, as Italy and Ireland mull new restrictions. The Netherlands announced on Saturday that UK travellers will face mandatory quarantine measures from tomorrow. The Dutch Ministry of Health said “this is because of the worrying Delta variant of the coronavirus variant that is [...]
Stobart Air owner Esken to sell stake in Southend Airport for £120m June 14, 2021 The owner of newly collapsed Stobart Air has confirmed that it is close to agreeing the £120m sale of a 30 per cent stake in London Southend airport to private equity group Carlyle. In a statement issued this afternoon after reports that a deal was in the offing, Esken said that it was in the [...]
Electric truck maker Lordstown bosses quit, sending shares tumbling June 14, 2021 One-time electric vehicle darling Lordstown Motors swerved further off course today as the Ohio-based firm’s chief executive and finance chief quit abruptly. At the same time, an internal investigation into the carmaker reported that it had found “issues regarding the accuracy of certain statements regarding the company’s pre-orders”. The revelation, together with the departures, sent [...]
British Airways ‘could be spun out’ from owner IAG, says former airlines boss June 14, 2021 British Airways 'could be spun out' from owner IAG, says former airlines boss Willie Walsh
London North Eastern Railway tables plans for speedier trains from May 2022 June 14, 2021 London North Eastern Railway (LNER) has tabled plans for more and speedier trains towards Edinburgh, Newcastle and York from May next year. LNER is eyeing next May to bolster the East Coast main line, after the original launch planned for May this year was pushed back due to the pandemic. London King’s Cross is set [...]
