Hapag-Lloyd chief warns of ‘rougher seas ahead’ for container shipping September 6, 2023 The Hapag-Lloyd CEO said it is a “challenging market environment” amid “weak” demand for shipping container transport over the last year.
Aviation watchdog launches inquiry into ‘1 in 15 million’ air traffic control failure September 6, 2023 The UK’s aviation regulator has launched an independent inquiry into last week's air traffic control chaos, which grounded thousands of flights.
Easyjet, Rolls-Royce and Airbus call on UK to fund hydrogen-powered flights September 5, 2023 A coalition of Easyjet, Airbus and Rolls Royce are calling for urgent investment from the UK government into hydrogen.
Easyjet boss questions whether NATs is ‘fit for purpose’ after air traffic control failure September 5, 2023 Easyjet’s chief executive has questioned whether Britain's National Air Traffic Services (NATs) is fit for purpose following the network-wide failure of the country's air traffic control systems last week.
Pump price of unleaded petrol soars to yearly high September 5, 2023 The price of petrol on UK forecourts has risen to its highest level so far this year, figures show.
Renault boss sees potential £8.6bn valuation for EV unit float next year September 5, 2023 The initial public offering (IPO) of Renault's Ampere electric vehicle division could get a valuation of up to €10bn (£8.55bn), CEO Luca de Meo said.
Jet2 appoints successor for chair Philip Meeson September 5, 2023 Jet2 announced a replacement for long-time chief and founder Philip Meeson, the entrepreneur who transformed the company into the UK’s leading package holiday airline. Senior independent non-executive director Robin Terrell is stepping in, following an announcement in July that 75-year-old Meeson was to depart after nearly 40 years at the helm. Terrell, who was appointed [...]
Toyota reveals hydrogen-powered Hilux as UK built project September 5, 2023 Toyota has revealed a UK-built hydrogen-powered version of its popular Hilux pick-up as the firm looks to ‘explore all available technologies’ to drive down its carbon footprint. While European versions of the Hilux are usually made in Durban, South Africa, Toyota’s Burnaston factory in Derbyshire has been tasked with developing a hydrogen fuel cell-powered version [...]
Qantas: Aussie airline boss quits after ticket-selling scandal September 5, 2023 The boss of Australian airline Qantas has said he will leave his job immediately — two months earlier than planned — following a series of embarrassing revelations about the company, including allegations it sold tickets for flights that had already been cancelled. Chief executive Alan Joyce said that after 15 years running the national carrier [...]
Huge jump in London construction firms closing as project delays and inflation bite September 4, 2023 The number of London construction firms going bust has risen by almost a quarter since the pandemic, new data reveals.