Senior rejects Lone Star’s £840m take-private bid June 22, 2021 Aerospace engineer Senior has rejected private equity firm Lone Star’s £838.8m final takeover offer, it announced this afternoon. The firm’s board said that the offer “continues to fundamentally undervalue Senior and its future prospects”. Lone Star said that the offer, which priced the Rickmansworth-based firm’s stock at 200p per share, was its fifth and final [...]
Bolt drivers strike over workers rights snub June 22, 2021 Drivers for ride-hailing app Bolt have this morning begun a 24-hour strike against the firm, saying that has failed to respect their rights as workers in line with the Supreme Court’s historic Uber judgement in February. The App Drivers & Couriers Union (ACDU), which called the strike, said that it believed Bolt drivers worked under [...]
Tui joins BA and Virgin Atlantic in Ryanair’s legal battle against travel traffic light system June 22, 2021 Tui joins BA and Virgin Atlantic in Ryanair's legal battle against travel traffic light system
UK aviation industry sets new decarbonisation goals June 22, 2021 The UK aviation industry has today set out its first ever interim decarbonisation targets as the sector sets a course for achieving net zero emissions by 2050. By 2030, the sector will look to reduce emissions by 15 per cent compared to 2019’s levels, and by 2040 it is aiming for a 40 per cent [...]
Aston Martin set for legal dispute over payments for £2.5m Valkyrie ‘hypercar’ June 22, 2021 Aston Martin this morning said that it was launching legal proceedings against a Swiss car dealership for withholding over £10m in customer money. The iconic British carmaker said that Nebula Project AG had failed to pay customer deposits for the £2.5m Valkyrie hypercar programme. The marque also said that it was terminating its relationship with [...]
Tube set for full mobile coverage by end of 2024 June 22, 2021 Commuters will be able to access phone and internet coverage on every part of the London Underground network by the end of 2024, Sadiq Khan has announced. Transport for London (TfL) has today signed a new deal with mobile provider BAI Communications to provide 4G and 5G service across the transit system. The first stations, [...]
New flexible season tickets on sale from today June 21, 2021 Commuters can from this morning purchase new flexible season tickets designed to allow people to travel two or three days a week. The new flexible season ticket will allow passengers to travel for eight days in any month-long period, and can be used from 28 June. National Rail say that the ticket will offer a [...]
Calls for more ‘green list’ destinations grow ahead of travel review June 21, 2021 Pressure is mounting on ministers to add more countries to the UK’s travel “green list” after data showed that fewer than one in 200 people returning to the country from “amber list” destinations is testing positive for coronavirus. The next review of the traffic light system, which has been panned by the travel and airlines [...]
Boris Johnson says it will be a ‘difficult year’ for international travel June 21, 2021 Boris Johnson has warned it will be a “difficult year” for international travel as the government discusses exempting fully vaccinated people from quarantine when coming back from amber list countries. The Prime Minister said today that there will be “hassle, there will be delays” when it comes to international travel this year as “the priority [...]
Finance chief takes the top job as Norwegian sacks CEO June 21, 2021 Finance chief takes the top job as Norwegian sacks CEO