Wizz Air trims profit forecast as Pratt & Whitney engine issues bite November 9, 2023 Wizz Air has narrowed its annual income guidance for 2024 despite swinging to profit, as engine issues at a key supplier continue to bite.
Airbus earnings soar – but fail to rise above analyst expectations November 9, 2023 Airbus reported higher underlying third-quarter profit on Wednesday and raised its production targets going forward.
Airbus UK boss: Europe must march in step on defence in the face of conflict November 9, 2023 Airbus UK chairman says when countries work together, governments get the product they want — and revenues
Light at the end of the turnnel in long-running rail strike dispute November 8, 2023 A breakthrough has been announced in the long-running dispute involving railway workers over pay, pensions and jobs.
Rail strikes: Union boss Lynch warns of more walkouts after King’s Speech November 8, 2023 RMT union boss Mick Lynch vows to continue fighting the government over pay and jobs
Minimum service level strike laws to be extended November 7, 2023 Laws designed to provide a minimum level of cover during strikes have been extended to ambulance, rail, and Border Force staff.
Ryanair boss Michael O’Leary blames Boeing and Airbus delays for ticket fare rises November 6, 2023 Ryanair chief executive Michael O'Leary has blamed delivery delays at Boeing and Airbus for rising air fares across Europe.
GKN Aerospace owner Melrose signs £4bn deal with GE Aerospace November 6, 2023 GKN Aerospace owner Melrose signed a new $5bn (£4bn) deal with aircraft engine supplier GE Aerospace this morning, prompting shares to jump 4 per cent. The new aftermarket services agreement will widen Melrose’s GKN Aerospace division’s current partnership with GE, surrounding its fastest selling high-thrust GEnx engines. In a statement on the London Stock Exchange, [...]
Profit-pumped Ryanair announces plans for first ever regular dividend November 6, 2023 Ryanair announced its maiden dividend for shareholders this morning as soaring ticket fares helped the carrier net record profits.
Britishvolt buyer Recharge failing to pay UK staff – report November 5, 2023 The Australian buyer of the failed battery start-up Britishvolt has not paid its UK staff for the last four months, according to a report.