Skyports: Flying taxis company raises £88m ahead of 2026 launch April 17, 2024 Skyports, a London-headquartered company developing flying taxis and vertiports, has raised $110m (£88.3m) to build a site in Dubai and launch services in 2026.
London pips Geneva as world’s most expensive city to build in April 16, 2024 Every city in the UK and Ireland sat within the top 25 most expensive locations to build in the world, excluding Belfast.
Melrose co-founder eyes up London-listed firms with ‘2.0’ aerospace venture April 14, 2024 Chris Peckham believe there is a host of under-valued companies on the stock exchange.
Life in the fast plane: Aston Martin defends chief’s £1.3m private jet budget April 14, 2024 Luxury UK carmaker Aston Martin has defended spending over a million pounds for its chief executive to commute from Italy to the Midlands.
Electronic Travel Authorisation: Heathrow’s new £10 charge to change explained April 13, 2024 Heathrow has described the new ETA as a "huge blow" that will place the UK at a "competive disadvantage" against international rivals.
Demand for Nissan’s Qashqai helps UK sales drive past £5bn April 12, 2024 Based out of its Sunderland factory, Nissan's UK arm has reported its sales increased from £3.6bn in the year to March 31, 2023, while its pre-tax profits went from £35.6m to £31.9m.
Sigmaroc nets £214m revenue as chief hails ‘transformational’ CRH acquisitions April 12, 2024 Sigmaroc has reported a strong first quarter, with its chief hailing a "transformational" €1bn deal to acquire a string of European lime businesses.
Here’s what it would take for Embraer to break the Boeing-Airbus duopoly April 11, 2024 The crisis engulfing Boeing is showing no signs of abating. City A.M. explores whether the Boeing-Airbus duopoly could ever be broken.
This week in Boeing: Fresh whistleblower allegations, March delivery slowdown and another flight incident April 11, 2024 Boeing is facing another turbulent week as it grapples with several more troubling developments in the space of a few days.
Anatomy of a snack trolley: ‘Why is there always flapjack?’ April 11, 2024 Who decides what you eat when you fly or catch a train? Amelia Tait goes in search to the answer to the big question: 'Why always flapjack?'