Alex Cruz: Five days to forget for the outbound British Airways boss October 12, 2020 The travel world awoke to a shock this morning as it was announced that British Airways boss Alex Cruz would leave the firm with immediate effect. He departs with aviation mired in the deepest crisis in its history, with passenger numbers still at historic lows due to the coronavirus pandemic. The decision is the first [...]
PM to launch ‘Office for Investment’ in a bid to lure foreign investors October 12, 2020 The Prime Minister will reportedly launch a new Downing Street operation to secure foreign investment for infrastructure projects amid the UK’s economic recovery. Number 10 is working on a new “Office for Investment” which will be tasked with identifying and coordinating major infrastructure initiatives, according to Sky News. Chief among these projects will be delivering [...]
National Express appoints Fedex veteran as new chief exec October 12, 2020 Bus and coach operator National Express has today appointed a new chief executive as it seeks to move forward amid the coronavirus pandemic. Jose Ignacio Garat will take the top job at the FTSE 250 company from the 1 November, with interim chief exec Chris Davies remaining as group finance director. Davies was appointed after [...]
Heathrow Airport passenger numbers plummet over 80 per cent in September October 12, 2020 Just 1.3m passengers travelled through Heathrow Airport in September, down 82 per cent on the same month last year, as the coronavirus pandemic continued to hammer aviation. With blanket quarantine restrictions limiting long-haul travel, over half the passengers came from destinations in the EU, the figures showed. However, since the government laid out its travel [...]
British Airways boss Alex Cruz steps down amid industry’s ‘worst crisis’ October 12, 2020 Alex Cruz will step down as chief executive and chairman of British Airways with immediate effect, owner International Airlines Group said. IAG chief Luis Gallego said the management shake-up came as the firm navigated “the worst crisis faced in our industry” in his first major announcement since taking over from Willie Walsh. The pandemic has [...]
London City boss: Airport testing can be ‘shot in the arm’ for economy October 12, 2020 The boss of London City airport has urged the government’s new travel taskforce to lay out how it will implement a coronavirus testing regime. Robert Sinclair said that doing so would “deliver a much-needed shot in the arm for business air travel, boosting economic growth across every region and every sector.” “We know the demand [...]
Opinion: Why net-zero needs a gear change in STEM education October 10, 2020 National Grid have announced a major new investment in London – and now they’re looking for the right people to fill jobs in the future. Today Gareth Burden – Project Director, London Power Tunnels – tells City A.M. why they’re doing it. For this country to reach net-zero emissions by 2050 we require the development [...]
Norwegian Air set to close Gatwick short-haul base October 9, 2020 Norwegian Air has today begun proceedings to shut its short-haul base at Gatwick Airport, with 259 jobs at risk of being lost. The airline said the move would not affect its flight schedule out of the airport. The low-cost carrier employs 1,142 people at the Sussex airport, which is the UK’s second largest. Most of [...]
Tory mayoral candidate vows ‘mental health covenant’ for TfL staff October 9, 2020 Tory mayoral candidate Shaun Bailey has pledged to offer more mental health support to Transport for London (TfL) staff if elected mayor as figures show increasing levels of psychological distress among the workforce. Bailey told City A.M. that he would create a “mental health covenant” for TfL workers in a similar vein to existing programmes [...]
TfL boss that oversaw Crossrail and Garden Bridge fiascos set for an honour October 9, 2020 A controversial former TfL boss appears to be in line for an honour, after Sadiq Khan tweeted his congratulations before the tweet was hastily removed. The Queen’s birthday honours list will be be announced tonight, however it appears the mayor of London jumped the gun this morning by announcing that former TfL commissioner Mike Brown [...]