Tui and Boeing agree 737 Max grounding compensation June 3, 2020 Holiday operator Tui has reached a compensation deal with Boeing that includes slower delivery of the aircraft maker’s grounded 737 Max planes, bolstering its balance sheet during the coronavirus crisis. Tui’s earnings have been hit by the extended grounding of the 737 Max, and today said Boeing would pay compensation to cover “a significant portion” [...]
Bailey calls for key workers to be exempt from congestion charge June 2, 2020 Conservative mayoral candidate Shaun Bailey has called for key workers to be exempt from paying the newly reinstated London congestion charge. In a statement, Bailey said that the measure would be a “fair way” of rewarding the capital’s key workers, many of whom may be driving to avoid public transport during the current crisis. He [...]
Government mulls relaxing 14-day quarantine measures June 2, 2020 The government is considering relaxing its blanket quarantine measures for incoming travellers to the UK, it was reported today. Under the current proposals, all those who enter the UK after 8 June will have to quarantine for 14 days at a fixed location. In England, there will be random spot checks and police will be [...]
Easyjet to resume flights on 75 per cent of routes in August June 2, 2020 Easyjet has this afternoon announced that it will resume flying to 75 per cent of its network in August, though it will operate fewer daily services than in a normal summer season. The low-cost carrier is due to begin flying to some locations from 15 June as it seeks to begin its comeback from the [...]
Lufthansa shares jump after board approves €9bn government bailout June 2, 2020 Lufthansa shares jumped nearly six per cent this morning after its supervisory board approved a €9bn (£8bn) government bailout. Europe’s largest airline has been forced to give up some of its landing slots to rivals as a condition of the deal. Lufthansa shares rose nearly six per cent to €9.65 this morning. The deal still [...]
Major Aston Martin shareholder trims stake in iconic carmaker June 1, 2020 One of Aston Martin’s largest shareholders has trimmed its stake in the iconic British carmaker by five per cent, a regulatory filing showed today. Italian private equity firm Investindustrial Advisers disclosed a stake of 14.99 per cent, down from a previous stake of 19.92 per cent. The reason behind the decision to cut the stake [...]
More than 200 travel firms call on government to scrap quarantine plan June 1, 2020 More than 200 travel companies have backed a letter to the government calling on it to reconsider its plans to quarantine individuals entering the UK as a precaution against coronavirus. From 8 June, the government has said that all those entering the UK must quarantine for a period of 14 days in one location. The [...]
SpaceX astronauts arrive at ISS in historic moment for private spaceflight May 31, 2020 The first US space mission since 2011 has reached its destination, the International Space Station, NASA has confirmed. Astronauts Doug Hurley and Bob Behnken entered the ISS at around 6pm UK time, having docked at the ISS a few hours earlier. In doing so, they have become the first astronauts to reach the station via [...]
SpaceX mission nears International Space Station after historic launch May 31, 2020 SpaceX’s Dragon astronaut capsule is due to dock at the International Space Station this afternoon after yesterday’s historic launch. At about 8:30 yesterday evening, NASA astronauts Doug Hurley and Bob Behnken blasted off from Florida’s Cape Canaveral launchpad in the US’ first manned space mission in nine years. The mission is also the first ever [...]
TfL bailout conditions published as rescue row rolls on May 29, 2020 Transport for London (TfL) has today published the terms and conditions of its £1.6bn bailout from the government as the row over the rescue package continued. In the letter from transport secretary Grant Shapps, TfL was asked to suspend free travel for under 18s and Freedom Pass holders and reinstate the congestion charge in order [...]