Jet Airways shares plunge as lenders seek rescue bids after cancelling all flights April 18, 2019 Shares in troubled Jet Airways crashed almost 30 per cent this morning as lenders held out hope that the Indian carrier may receive a rescue bid after it was forced to cancel all flights. The firm owes around $1.2bn (£921m) to banks and has been looking for a stop-gap loan of $217m that would allow [...]
Complaints surge as more energy customers find troubles with switching suppliers April 18, 2019 Switching energy supplier has become the second biggest cause of complaints among customers as increasing numbers choose to vote with their feet. Data from the Energy Ombudsman shows the number of complaints which originated in the switching process rose 14 per cent year-on-year to 1,016 in the last quarter of 2018. Read more: Ombudsman warns [...]
Supercharged: Moneysupermarket growth booms as energy price cap sees spike in switching April 18, 2019 Ofgem’s hike to the energy price cap helped to electrify Moneysupermarket in the first three months of the year as the number of households switching supplier reached record levels. Revenue in the firm’s home services segment, which includes energy switching, soared by a massive 70 per cent to £19.6m in the first quarter, it revealed this [...]
Crossrail ‘could be delayed until spring 2021’ April 18, 2019 Crossrail could be delayed until as long as 2021 after incurring some difficulty with the dynamic testing of trains and signalling, according to a BBC source. The Elizabeth Line, which will run between Reading and Shenfield Essex underneath central London, had been due to open in December 2018. Read more: MPs warn Crossrail may not [...]
Tube delays: Commuter misery as signal failure strikes Underground with severe delays April 18, 2019 Commuters faced a horrid journey to work this morning as signal failures led to chaos on multiple Tube lines. Read more: Protesters glue themselves to train at Canary Wharf station Severe delays and suspended lines affected the Circle Line, District Line, Metroplolitan Line and Hammersmith & City Line today following a signal failure at Aldgate. [...]
Jet Airways suspends all domestic and international flights amid financial meltdown April 17, 2019 Jet Airways is to shut all domestic and international flights from tonight after it failed to win interim funding from lenders. The Indian carrier grounded all international flights on Monday while its pilots protested outside its headquarters, demanding Prime Minister Narendra Modi intervene to solve the crisis. Many said they had not been paid for months. [...]
Climate change protesters glue themselves to DLR train at Canary Wharf station April 17, 2019 Climate change protesters have glued themselves to a DLR train at Canary Wharf as police reportedly closed access to parts of the station in response to the disruption. Read more: Protesters reveal rail disruption plan as police shut Tube Wi-Fi Extinction Rebellion activists today stepped up their London protests by targeting the capital’s transport network, [...]
Boeing software update and training tweaks ‘operationally suitable’, says FAA April 17, 2019 A review of Boeing’s grounded 737 Max plane by the US aviation regulator has ruled that a planned software update and pilot training tweaks are “operationally suitable”. Read more: Boeing faces shareholder lawsuit over 737 Max crashes The decision marks an important milestone in getting the firm’s best-selling plane back in the air after authorities [...]
Climate change protesters reveal rail disruption plan as police shut Tube Wi-Fi April 17, 2019 Activism group Extinction Rebellion will block London trains this morning as it increases pressure on the government over climate change. Protestors will block a London Overground route at 11am today in the third day of action, which has seen major disruption on the capital's roads on Monday and Tuesday this week. Police switched off the Tube [...]
Climate change protesters threaten to disrupt London Tube to cause chaos for commuters April 17, 2019 Climate change activists vowed to target London’s Tube services today as part of a protest that has led to 300 arrests across the capital. Read more: Climate protesters attack Shell HQ as London blockades continue Extinction Rebellion protesters plan to disrupt the London Underground and London bus services today after bringing traffic to a standstill [...]