Evans Cycles poaches Dobbies Garden Centres’ boss Andy King November 6, 2016 Evans Cycles has announced that Andy King has been appointed as its new chief executive. King was formerly managing director at Dobbies Garden Centres, the national garden retail business, and prior to that worked at Notcutts Garden Centres, The Body Shop and Mothercare. He replaces Nick Wilkinson, who left the company earlier this year. ECI [...]
Ryanair’s earnings set to fly lower than expected as weak sterling drags down fares November 6, 2016 Ryanair has suffered some turbulence post-Brexit, predominantly fuelled by the plummeting sterling, and investors are braced for a bumpy landing in its upcoming results. Full-year profits expected to grow five per cent lower than previously guided at seven per cent. The revised guidance, provided a couple of weeks ago, reflected weaker sterling with 26 per [...]
Heathrow chairman Lord Deighton wants other airports given the green light for expansion November 6, 2016 Lord Deighton is feeling magnanimous since Heathrow's expansion plans have been given the go-ahead. Speaking to the Sunday Telegraph, Heathrow's chairman said airports across Britain should be allowed to grow; as long as there's enough demand for their services. "To the extent that those airports need an extra runway to be able to provide the slots to [...]
TfL staff are collecting coats for the homeless this winter November 4, 2016 With temperatures falling and darkness descending earlier in the day, it’s a difficult time of year for people sleeping rough on the streets of London. But there's a way you can help out while on your morning commute. Transport for London is teaming up with the homelessness charity Wrap up London to organise the collection of [...]
Theresa May urged to step in over “catastrophic” ongoing UK flight suspension to Sharm el-Sheikh November 4, 2016 Egyptian political and tourism figures have criticised Theresa May's inaction over ongoing UK flight suspension to Sharm El-Sheikh. Monarch extended its ban on flights there indefinitely earlier this week. President of the Sharm el-Sheikh Tourism Investors Association, Hisham Aly, criticised Theresa May's approach. "The Prime Minister’s rhetoric about combating radicalisation at source is utterly contradictory to [...]
Full steam ahead for Eurostar’s Amsterdam services from London despite Brexit uncertainty November 4, 2016 Eurostar is going ahead with its plans to start services from London to Amsterdam in a year's time, despite ongoing uncertainty over the UK's future relationship with the EU. The cross-Channel high speed rail service said it was seeing "signs of recovery in the trading environment" over the past eight weeks, though passenger numbers were [...]
Sadiq Khan has announced London’s first night czar is Amy Lamé November 4, 2016 It's that moment we've all been waiting for. London Mayor Sadiq Khan has announced the name of his new night czar, who'll be tasked with boosting the capital's nighttime culture. It's writer, DJ, performer and campaigner Amy Lamé. She'll be working with Khan, the Night Time Commission, businesses, councils, Met Police and Transport for London to [...]
Air France launches low-cost airline in fight to stay “competitive” November 4, 2016 Low-cost airlines are still on the rise. Not only did Frankfurt airport recently open its doors to Ryanair, after holding out as the only major European airport to stick to "legacy" airlines beforehand, now Air France is setting up a low-cost flying unit for long-haul routes. Air France's new boss Jean-Marc Janaillac unveiled the plan, saying [...]
EasyJet and Norwegian passenger numbers soared in October November 4, 2016 EasyJet said passenger numbers rose 6.9 per cent last month, but the load factor dropped, while Norwegian reported 16 per cent growth for the month. The low-cost giant said passenger numbers rose 6.9 per cent to just over 6.84m, but the load factor was down from 93.3 per cent to 90.2 per cent. On a rolling 12-month [...]
British Airways owner IAG cuts spending and earnings targets November 4, 2016 International Airlines Group (IAG), the company behind British Airways, Iberia and Aer Lingus, said today it is trimming its spending and earnings targets in the run-up to 2020 – shortly after it posted a fall in profits. The airline operator said although it has a strong balance sheet, it expects earnings before interest, taxation, depreciation, [...]