London Southend Airport set for ‘travel chaos’ over Christmas December 11, 2019 London Southend Airport could be severely disrupted the Christmas period after workers voted to strike today. Members of GMB voted to strike in retaliation for the airport’s owner – Stobart Aviation – refusing to recognise the union for the purpose of collective bargaining. Read more: Number of UK strikes up by 45 per cent in [...]
AA shares leap as firm plans bond buyback December 11, 2019 Shares in motoring association the AA jumped 15 per cent today after the company announced a possible share buyback after a positive first half. The company, which provides insurance, driving lessons and breakdown cover also said it intends to pursue a range of debt tenders, redemptions and issuances over the coming months. Read more: Supercuts [...]
Boeing 737 Max: Grounding could cost tour operator Tui €400m next year December 11, 2019 Tui has admitted the grounding of its fleet of Boeing 737 Max planes could cost up to €400m next year if it does not return to the skies by April. The world’s biggest tour operator said that if the global ban on the jet lasts beyond February next year it will not have time to [...]
‘World’s first’ fully-electric commercial flight takes off in Canada December 11, 2019 A fully-electric passenger seaplane has taken off in Vancouver, Canada, in what has been described as a “world first” in aviation. The test flight by Harbour Air and Magni X was by a six-passenger plane, fitted with an electric motor – the first all-electric commercial aircraft. Read more: Electric-powered regional flights ‘could be taking off [...]
Thanksgiving passengers give Heathrow US boost in busiest ever November December 11, 2019 Heathrow enjoyed its busiest ever November this year, as Thanksgiving celebrations helped boost passenger growth to and from the US. British Airways and Amercian Airlines brought in new routes to Pittsburgh and increased flights on other journeys. Read more: Heathrow breaks the history books with over 80m passengers Meanwhile, Delta and Virgin Atlantic also ramped [...]
All change at Stagecoach as chairman steps down December 11, 2019 Stagecoach suffered a fall in revenue in the first half of the financial year, as chairman Sir Brian Souter said he planned to step down this morning. The company said the fall in profit and revenue reflected the changing size of its business, as it updated market for the first time since it relinquished control [...]
‘Warning bells’: Former Boeing employee to testify after 737 Max concerns December 10, 2019 A former Boeing employee has spoken of his guilt that he did not do more to try to alert people to the dangers of the 737 Max jet, before giving what could be damning evidence against the firm tomorrow. Boeing’s 737 Max was grounded after being involved in two deadly crashes in Indonesia then Ethiopia, [...]
Car sales fall for 17th straight month in China, as global market suffers December 10, 2019 Chinese car sales fell for a 17th consecutive month in November, as electric and hybrid car demand contracted yet again. Total automotive sales from the world’s biggest market fell 3.6 per cent compared to the same period last year, according to the China Association of Automobile Manufacturers (CAAM). Read more: Car production falls again amid [...]
Nissan faces £17m fine for Carlos Ghosn scandal, says Japanese watchdog December 10, 2019 The scandal engulfing Nissan over its disgraced former chairman Carlos Ghosn has brought the car maker a fine worth £17.1m from Japan’s markets watchdog. Nissan’s penalty is the second-largest ever in Japan for false financial reporting, and has been imposed for understating Ghosn’s pay, after he was arrested in dramatic circumstances in November last year [...]
Thomas Cook: Regulator ‘very sorry’ for refund delay as customers wait more than two months December 10, 2019 Britain’s aviation regulator has apologised to thousands of Thomas Cook customers facing delays to refunds owed to them after the travel firm collapsed. Paul Smith, director of the Civil Aviation Authority, said the organisation was “very sorry,” adding that the CAA was “working tirelessly” to put the payments through. Read more: Gatwick airport to lose [...]
