Virgin wins damages fight with US train firm which pulled out of deal October 13, 2023 The judge said Brightline’s defence was that a clause entitled it to terminate if “the Virgin brand” had ceased to be a “brand of international high repute”.
National Express owner Mobico has hit the brakes – so what’s going on with its share price? October 12, 2023 Mobico shares have spiralled near 30 per cent today as analysts question its push into international markets.
Easyjet, Ryanair and Wizz Air: Have carriers reached the summit of a record rebound? October 12, 2023 Airlines have posted record profits throughout the year on soaring demand, but is this peak to be followed by a trough?
Ex-F1 boss Bernie Ecclestone slapped with 17-month suspended prison sentence October 12, 2023 Ex-Formula One boss Bernie Ecclestone has admitted fraud after failing to declare more than £400m held in a trust in Singapore.
National Express owner Mobico sees shares tank after miserable trading update October 12, 2023 Mobico Group said it had suspended its 2023 dividend and is exploring the sale of its North American school bus business.
Easyjet: Giant brings back dividend but share price falls on lower profit guidance October 12, 2023 Easyjet has reinstated its dividend this morning after a record summer, while announcing a fresh order of 157 new Airbus aircraft.
Luton Airport fire: Tens of thousands of passengers disrupted as flights resume October 11, 2023 Luton Airport has reopened after a vehicle fire caused a car park to collapse, sparking disruption for tens of thousands of passengers.
Go-Ahead boss Christian Schreyer to step down this year October 11, 2023 The chief executive of Go Ahead Group, one of Britain's biggest transport companies, is set to step down at the end of October.
British Airways suspends Israel flights over safety fears October 11, 2023 British Airways has suspended flights to and from Israel due to safety concerns, the airline said. Flight BA165 is returning to Heathrow after nearly reaching Tel Aviv on Wednesday. A British Airways spokesman said: “Safety is always our highest priority and following the latest assessment of the situation, we’re suspending our flights to and from [...]
FirstGroup: Share price up for rail and bus operator after profit outlook lifted October 11, 2023 The FTSE 250 company was the biggest riser on the index after the open, with its share price rising 4.92 per cent to 153.7p per share.