Extinction Rebellion patron buys stake in Heathrow Airport October 20, 2019 A billionaire backer of Extinction Rebellion has been revealed to have a stake in Heathrow Airport. Sir Chrisopher Hohn has clandestinely built a 4 per cent stake in Heathrow parent company Ferrovial worth €730m (£630m), according to the Sunday Telegraph. Read more: Ferrovial makes bid to take trio of Britain’s regional airports It was reported [...]
Boeing employees exchanged texts over 737 Max safety issues in 2016 October 19, 2019 Employees of Boeing exchanged messages about the issues with the 737 Max’s automated safety system as it was being certified in 2016, new information has revealed. A pilot said he had run into unexpected trouble during the tests, it was revealed in documents provided to lawmakers. He said that unknowingly he had “basically lied to [...]
Wincanton pursues possible merger with Eddie Stobart October 18, 2019 Wincanton is considering a move for British logistics giant Eddie Stobart, the rival confirmed today. While it is yet to table an offer, Wincanton said it is “undertaking a diligence exercise on Eddie Stobart and its assets” to assess the merits of a tie-up. Read more: Ousted Stobart Group boss ‘preparing bid for Eddie Stobart’ [...]
Tube delays: Jubilee Line disrupted for second day after Extinction Rebellion protest October 18, 2019 Jubilee Line commuters faced a second day of Tube misery in a row as transport bosses warned the service was part suspended with severe delays. Passengers were left without any service between Finchley Road and Waterloo in rush hour due to “the temporary unavailability of trains”. Severe delays plagued the rest of the line. Read [...]
TfL boss Mike Brown to resign in May October 17, 2019 Transport for London (TfL) boss Mike Brown is set to resign after four years in the post. TfL announced today the transport commissioner will be leaving the job after next year’s mayoral election in May. Read more: Mike Brown hits out at ‘bonkers’ TfL borrowing limits He will then become the first chair for the [...]
Virgin Atlantic in fresh broadside against British Airways owner over Heathrow slots October 17, 2019 A war of words between two of Britain’s two biggest airlines over take-off and landing slots at Heathrow escalated further this morning, as Virgin Atlantic’s boss launched a fresh salvo against the dominance of British Airways owner International Airlines Group (IAG) at the airport. Shai Weiss, Virgin Atlantic’s outspoken chief executive, revealed he had set [...]
Eurostar revenue ticks upward after a busy summer October 17, 2019 Eurostar has recorded a modest increase in third quarter revenues after its busiest ever August. The cross-channel rail company today reported a three per cent increase in sales revenue to £254m in the three months to 30 September. Read more: Eurostar tells passengers not to travel as heat causes train chaos This was on the [...]
British Airways boss says electric planes idea won’t fly until 2050 October 17, 2019 The boss of British Airways has thrown doubt over predictions electric planes could enter service over the coming decades. Alex Cruz, BA’s chief executive, said there was “limited opportunity” for electric aircraft entering the market up until 2050. When pressed on the matter, he said BA had consulted with academics and come to the conclusion [...]
Heathrow airport faces fresh calls to increase competition between airlines October 17, 2019 Heathrow airport has come under fresh pressure to increase competition between airlines, amid concerns over a monopoly by British Airways owner International Airlines Group (IAG). A survey has suggested 57 per cent of British travellers support more choice of airline at Heathrow, one day after the transport secretary backed calls for greater competition. Read more: [...]
Thomas Cook liquidators secure bids for valuable airport slots October 16, 2019 The liquidators of collapsed airline Thomas Cook are said to have secured bids from some of the UK’s largest carriers after kicking off an auction of dozens of UK airport slots. KPMG set a deadline of 5pm today for bids for the take-off and landing slots as part of an auction that could raise tens [...]
