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.
Heathrow’s Spanish owner mulls selling stake as buyers circle November 5, 2023 Heathrow's Spanish owner is considering dropping its long-held stake in the airport, according to a report, as interested buyers wait in the wings.
Ryanair and Wizz Air face ‘unignorable’ challenges ahead of crunch results week November 5, 2023 Analysts have warned that the low-cost carriers face "unignorable" challenges ahead of a crunch results week, despite booming travel demand.
Maersk: Shipping giant cutting at least 10,000 jobs as demand plummets – but won’t say UK impact November 3, 2023 The firm – the world’s second biggest shipping container business – declined to give details on the impact of the jobs losses on its UK operations.
Jaguar Land Rover nets record £13.8bn revenue as marque swings to profit November 2, 2023 Jaguar Land Rover swung to profit on Thursday as a record £13.8bn revenue drove the marque well into the black.
Ferrari profits speed ahead as wealthy buyers splash out to personalise supercars November 2, 2023 Ferrari raised its earnings forecast on Thursday after profits surged on wealthy consumers paying out to personalise their supercars.
Ryanair and Wizz Air passenger numbers dip as Middle East conflict axes routes November 2, 2023 Ryanair and Wizz Air reported a dip in passenger numbers in October, as conflict in the Middle East caused carriers to axe a number of routes.
Trainline forecasts higher ticket sales despite £66m rail strike hit November 2, 2023 Trainline said 11 days of industrial action in the first half knocked £66m off its bottom line.