Shipping titan CMA CGM creates £1.3bn fund to accelerate net-zero September 4, 2022 Shipping titan CMA CGM has created a $1.5bn (£1.3bn) energy fund to accelerate its transition to net-zero. “In the face of the climate emergency it is our duty to do more and accelerate our actions,” said chief executive Rodolphe Saade. The five-year fund will support the industrial production of renewable fuels as well as low-emission [...]
Tui pilots launch lawsuit over sick pay and changes to benefits September 4, 2022 Tui pilots on sick leave have launched a lawsuit against the travel giant over changes to sick pay and pension benefits. Eight employees took the airliner to the London High Court, claiming the carrier “concealed the true nature of the changes” included in a new sick pay plan, which was approved by staff in August [...]
Sigh of relief as energy price cap forecasts drop by more than £2,000 in just a week September 4, 2022 The forecasts for next year’s energy price caps have once again dropped as gas prices fell this week. Auxilione, a consultancy that updates its predictions daily, reduced its price cap forecast for April next year by £23 – the third drop in a row. The forecast for April’s cap is now £5,539 per year for [...]
Tube and Elizabeth line journeys to and from Heathrow become peak fares today September 4, 2022 All tube and Elizabeth line journeys to and from Heathrow through zone 1 will be charged a peak fare starting today. Journeys that avoid zone 1 will continue to remain off-peak while services to stations before Heathrow will not be affected. Transport for London (TfL) said this was part of the government’s funding conditions, which [...]
NASA calls off plans for second attempt at Artemis 1 rocket launch September 3, 2022 NASA has scrapped plans for a second go at launching the Artemis 1 rocket following a hydrogen tank leak. The US space agency faced obstacles in the way of technical and weather issues on its first attempt to send the rocket to space last week. Now, engineers at Florida’s Kennedy Space Center have advised that [...]
Gazprom says Siemens ready to repair Nord Stream 1 pipeline September 3, 2022 Russian energy firm Gazprom has suggested Siemens was ready to fix its gas pipeline to Germany, after its reopening was delayed this weekend. An oil leak in a turbine on the Nord Stream 1 pipeline means it will be closed until further notice, after being closed for several days due to maintenance work. On Saturday, [...]
Bus fares to be capped at £2 this winter in England September 3, 2022 Bus journeys are to be capped at £2 for a temporary period next year as a government measure to tackle the cost of living crisis. A cap will be introduced in England from January to March next year, as households face soaring energy bills this winter. The Department for Transport (DfT) said its £60m scheme [...]
Wizz Air carries 4.9 million people as it pursues post-pandemic turnaround September 1, 2022 Wizz Air’s passenger levels continue to increase as the low-cost carrier pursues a post-pandemic turnaround. The airlines carried 4.9 million travellers in August, up from July’s 4.7 million and June’s 4.3 million. Load factor – the measure of how well an airline fills its seats – grew by 0.8 per cent on last month’s levels [...]
New rail strikes confirmed for Greater London and most of England on 15 and 17 September September 1, 2022 More than 40,000 railway workers at Network Rail and 14 other operators will strike on 15 and 17 September over jobs, salaries and working conditions. The action is expected to effectively shut down both London and the UK’s network as on 15 September the walkout will coincide with the train drivers’ strike. Operational and support [...]
Stansted Airport appoints TfL boss Gareth Powell to top job September 1, 2022 Stansted Airport has appointed TfL executive Gareth Powell to managing director. Powell has spent 19 years at TfL, holding a number of roles including deputy commissioner and chief customer and strategy officer. Powell will replace Steve Griffiths, who will move on to managing East Midlands Airport. East Midlands, alongside Stansted and Manchester airports, is managed [...]