Ryanair loses legal challenges to EU state aid for Scandi airlines April 14, 2021 Ryanair has this morning lost its attempt to have state aid provided by the EU to Scandinavian airlines SAS and Finnair ruled unlawful. The Luxembourg-based General Court, the EU’s second highest legal body, ruled that the bailouts were in compliance with the bloc’s rules on state aid. The ruling is another blow to the airline, [...]
Exclusive: Covid-19 drives Londoners behind the wheel sooner than planned April 14, 2021 London dwellers are now more likely to buy a car sooner than planned than in any other region of the UK as a result of Covid-19. New figures from Close Brothers Motor Finance, shared exclusively with City PM, show that over a fifth of Londoners – 21 per cent – are now more likely to [...]
Boeing beats rival Airbus for quarterly orders for first time since 2019 April 13, 2021 Boeing booked more net quarterly orders than rival planemaker Airbus for the first time in over two years, new statistics released today show. From January to March 2021, the aerospace giant landed 282 more orders in total, and 76 when cancellations are taken into account. By contrast, its European counterpart saw its net tally fall [...]
Exclusive: Former TfL safety panel chief hammers rail watchdog over Croydon crash investigation April 13, 2021 A former Transport for London (TfL) board member has written to the boss of the UK’s rail accident investigation agency demanding that the body revise the conclusions of its report on 2016’s fatal Croydon tram crash. Michael Liebriech, who was the chair of TfL’s safety panel at the time of the crash, wrote that the [...]
TfL passenger numbers jump as retail and hospitality reopen April 12, 2021 Passenger numbers on Transport for London (TfL) services jumped this morning as people rushed to back to the capital’s shopping hotspots following the lifting of some lockdown restrictions. As of 10am this morning, there were around 670,000 taps in and out of Tube stations, about a third of pre-pandemic levels. TfL said that this was [...]
Overnight stays restart this week, as PM sets out ‘traffic light’ plan for holidays abroad April 12, 2021 Overnight stays restart this week, as PM sets out 'traffic light' plan for holidays abroad
Norwegian Air restructuring plan wins state approval April 12, 2021 Norwegian Air’s restructuring proposals have today been approved in the carrier’s home country courts, clearing the way for it to begin raising fresh capital. The airline said that Oslo’s County Court had this morning joined the Irish High Court’s decision to give its plans the go-ahead. After its government refused to extend further support to [...]
Exclusive: Liberty Charge kickstarts rollout of 800 EV chargepoints across London April 12, 2021 Telecoms giant Liberty Global has today kicked off plans to install 800 electric vehicle (EV) chargepoints across London over the next 12 months. The first 20 chargepoints, which were installed by Liberty Charge, a joint venture with Zouk Capital, went online this morning in the borough of Waltham Forest. It is the initial step in [...]
Heathrow passenger numbers down four-fifths in March April 12, 2021 The number of passengers passing through Heathrow Airport fell more than four-fifths in March as the worst ever financial year for aviation came to a close. Passenger numbers fell 82.6 per cent, to 542,000, last month, as the UK continued to impose strict controls on international travel. For the first three months of 2021, passenger [...]
Vroom to Zoom: UK business travellers to cut flying after pandemic April 12, 2021 A majority of UK business travellers will fly less often when pandemic-related travel restrictions are lifted, a new survey from YouGov has found. As a result of the widespread adoption of videoconferencing technologies such as Zoom, 56 per cent of travellers said they would cut down on corporate travel. That’s the highest percentage of any [...]
