Chinese car sales fall for third month in a row August 11, 2021 Chinese car sales declined for a third straight month in July, new data today showed, as the global shortage of semiconductors weighed on the world’s biggest auto market. Figures from the China Association of Automobile Manufacturers (CAAM) showed that sales fell 11.9 per cent to 1.86m, compared to the same month a year ago. The trade [...]
Norse Atlantic pushes first UK-US flights back to 2022 August 10, 2021 Norse Atlantic Airways has pushed back the date of its first flights to the first quarter of 2022, the new carrier said today, due to ongoing travel restrictions covering transatlantic routes. The airline, which launched earlier this year, said that it thought all 15 of its planes would be in service by summer 2022. Although [...]
Turkish-German airline SunExpress eyes new underserved routes to the UK August 10, 2021 Turkish-German airline SunExpress is looking to expand its route network into the British Isles, in a bid to reap the rewards of the looming post-pandemic travel boom. The budget carrier has issued a what is called a ‘request for proposals’ via Route Exchange, where it can seek different routes. SunExpress only recently announced an additional [...]
Used car sales double as chip shortages deplete new model stocks August 10, 2021 The number of used cars changing hands doubled in the second quarter as stock shortages forced some people to turn to second hand models. According to the Society of Motor Manufacturers and Traders (SMMT), 2,167,504 used models were bought in the last period, up 108 per cent on 2020. The number sold was also up [...]
Etihad slashes losses in first half but still $400m in red August 10, 2021 Gulf carrier Etihad Airways today announced that it had posted a $400m loss for the first six months of the year, half of the $800m it booked last year. The airline said that it had carried just 1m passengers in the period, down 71.5 per cent on a year ago. Passenger revenue came in at [...]
To infinity and beyond – for $450,000, Virgin Galactic says August 6, 2021 Sir Richard Branson’s Virgin Galactic will charge passengers $450,000 (£323,500) for a seat on one of its space flights, the firm has announced. The company reopened ticket sales last night, just weeks after its founder successfully completed a flight to the edge of space. At $450,000, tickets are now twice the price paid by 600 [...]
Biden aims to make half of US car sale electric vehicles by 2030 August 5, 2021 Joe Biden will today sign an executive order aimed at making half of all new vehicles sold in 2030 zero-emissions vehicles. The President is set to announce the new target at an event at the White House this evening, where he will be joined by car giants and union workers. Alongside the plan he will [...]
EV charging firm Myenergi ‘mulling £500m London listing’ August 5, 2021 Energy tech firm Myenergi is reportedly making plans for a London float that could value the company at up to £500m amid a surge in interest in “green” solutions. The company, which is best known for its Zappi electric car home charging system, is backed by Sir Terry Leahy, the former Tesco boss. A spokesman [...]
Qatar Airways grounds 13 Airbus jets due to ‘degrading’ fuselages August 5, 2021 Qatar Airways has today grounded 13 of its Airbus A350 planes due to the faster than expected deterioration of their fuselages. The airline was instructed to cease flying the affected planes by its regulator after the issue was discovered. It marks yet another escalation in an ongoing row between Qatar and Airbus over the problem. [...]
Mexico headed for travel red list but India turns amber as hotel quarantine rises to £3,700 per couple August 5, 2021 Any couples travelling in Mexico will now see their holiday get whole lot more expensive: The tourist hotspot will move to the UK’s travel red list from 4am Sunday, meaning any Brits arriving back in England must pay for a 10-day hotel quarantine which will rise to £3,700 per couple. The UK Government announced the [...]