Aircraft leasing firm BOC retrieves 747 from Russian operator March 30, 2022 Aircraft lessor BOC Aviation announced today it had retrieved a Boeing 747 freighter from Russian operator AirBridgeCargo. The aircraft was flown on 25 March from Hong Kong to California after a US judge allowed the company to repossess it. The Singapore-based lessor explained that the plane was worth $148m and AirBridgeCargo had breached leases for [...]
eEnergy and EO Charging pledge to deliver 50,000 EV office chargers by 2030 March 30, 2022 eEnergy announced today it will partner with electric vehicle (EV) charging firm EO Charging to roll out 50,000 EV office chargers by 2030. The partnership will initially focus on the UK education sector, providing 200 charging spots by the end of April, with numbers going up to 2,000 within the first 12 months. The digital [...]
John Menzies gives green light for takeover by Kuwait suitor March 30, 2022 Aviation services firm John Menzies has accepted a cash offer from Kuwait suitor Agility after previous offers were rejected. Under terms of the acquisition, each Menzies shareholder will be entitled to receive 608 pence in cash per Menzies share. Shares in the company were boosted more than three per cent on Wednesday morning. Agility will [...]
Maersk warns Shanghai’s lockdown will hike transport costs March 29, 2022 Shipping giant Maersk said today transport costs will continue to increase following Shanghai’s decision to lockdown. Shanghai started going into lockdown yesterday, closing down half of the city while the other one will be be shut from Friday for a four-day testing exercise. “Trucking service in and out (of) Shanghai will be severely impacted by [...]
Aircraft leasing market could oust Russia beyond Ukraine conflict, lessor says March 29, 2022 Russian airlines could be ousted from the aircraft leasing market well after the end of the Ukraine conflict, said today the world’s second-largest leasing company Avolon. According to the Dublin-based company’s chief executive Domhnal Slattery, the predominantly Irish leasing sector could oust Moscow following the Kremlin’s decision to re-register aircraft as part of its anti-sanctions [...]
Going green: Uber’s fully electric option expands to all of London March 29, 2022 Uber goes green in London, with passengers now having the option to request an electric-vehicle anywhere in Greater London.
UK Government seizes Russian-owned £38m super yacht in Canary Wharf March 29, 2022 The UK seized a £38m Russian-owned super yacht in Canary Wharf, transport secretary Grant Shapps said today. Officers from the National Crime Agency issued a detention order after they uncovered the owner’s identity despite it being “deliberately well hidden.” Named Phi, the vessel was built in the Netherlands and carried a Maltese flag while the [...]
Sir Tim Clark says Emirates will continue flying to Russia until told otherwise March 29, 2022 Emirates will continue flying to Russia until told otherwise, the airline’s chief executive Sir Tim Clark said this morning. Since the conflict’s outbreak, the UAE Government – who also owns Emirates – decided not to take sides between Western countries and Moscow, using Emirates aircraft to carry out humanitarian goods and diplomats in and out [...]
Babcock to sell emergency aviation division as part of disposal programme March 29, 2022 UK Government contractor Babcock is reportedly in talks to sell its emergency aviation services as part of its disposal programme. The group is expected to sell the division to infrastructure investment manager Ancala Partners for around £100m, Sky News broke the news today. The UK Air Ambulance fleet is part of Babcock’s division but it [...]
Back at it: British Airways restarts short-haul operations from Gatwick March 29, 2022 British Airways (BA) restarted short-haul operations from Gatwick today, the airline announced. Services – including flights to Amsterdam, Ibiza and Marrakech – will initially operate under BA’s Air Operators Certificate before moving to subsidiary BA Euroflyer. “Today marks a significant milestone for British Airways as we operate our first European services from Gatwick in two [...]