Qatar Airways reveals next stage in its cosying-up strategy with British Airways September 28, 2016 Qatar Airways has deepened ties with the owner of British Airways after a codeshare agreement was announced by the two carriers. The news comes in the wake of Qatar Airways upping its stake in International Airlines Group (IAG) in August to 20 per cent – a move that made it IAG's largest single shareholder. Read more: Qatar Airways just bumped up its stake [...]
Lufthansa board approves plans to take over Brussels Airlines September 28, 2016 German airline Lufthansa said today that its supervisory board has approved plans to buy the remaining chunk of Brussels Airlines that it didn't already own. The carrier bought 45 per cent of Brussels Airlines owner SN Airholding in 2009 for €65m (£56m), with the option of buying the other 55 per cent from 2011 onwards. Lufthansa [...]
Tui share price jumps as it satisfies UK holiday-maker’s Mexican desires September 28, 2016 Travel company Tui's share price jumped over two and a half per cent in early trading after revealing that demand for long-haul breaks in destinations such as Mexico would bolster full year performance. The German giant – known in the UK for its Thomson holidays and airline brands – upped its operating profit guidance and said earnings growth would be between [...]
Government cycle safety campaign from THINK! provokes backlash – from cyclists September 27, 2016 A new cycle safety video from THINK! has sparked a backlash on Twitter from cyclists and motorists alike. THINK!, which is run by the Department for Transport and promotes road safety, highlighted the dangers posed to cyclists by lorries turning left at junctions in a video shared on Twitter. But the film received an immediate [...]
Easyjet shuffles non-executive in to chief operating officer role September 26, 2016 Airline Easyjet has parachuted in one of its non-executive board members as its next chief operating officer. Chris Browne, a former executive at tour operator Tui’s airline division, will take up the job from the beginning of October after stepping down from the company’s board the day before. Easyjet is working to reduce costs and [...]
Monarch Airlines owner Greybull Capital looks to refinancing deal to help company soar September 26, 2016 The investment firm behind Monarch Airlines is seeking tens of millions of pounds in refinancing for the British airline. Today, Monarch, owned by investment group Greybull Capital, said that security concerns and the devaluation of the pound against the euro resulting from the Brexit vote, had made market conditions tougher. City A.M. understands the purchase of 30 [...]
London transport disruption: Commuters facing delays on Bakerloo Line after person killed by train September 26, 2016 The Bakerloo Line has been suspended in central London after a person was struck by a train at Oxford Circus station earlier this afternoon. There is no service on the line between Elephant & Castle and Paddington "due to a person on the track", Transport for London said. https://twitter.com/bakerlooline/status/780401450795036672 British Transport Police said they were called to Oxford [...]
Flying cars? Uber’s working on it September 26, 2016 And you thought driverless cars were the future? Not content with being one of the first companies to get the autonomous technology on to real-life roads, Uber's not stopping there and is already planning ahead for what the next big thing might be after that. The billion-dollar startup has revealed it's looking at technology which could produce [...]
Northern Line Night Tube to launch on Friday 18 November – reports September 26, 2016 The Northern Line Night Tube is reportedly set to launch on Friday 18 November. A BBC journalist tweeted that Tube staff have been informed of the start date. NEW: Tube staff have been told Northern line night tube will start Friday 18th November. Nothing official yet. — Tom Edwards (@BBCTomEdwards) September 26, 2016 However, a [...]
London mayor Sadiq Khan writes to Uber and other private hire drivers setting out his commitment to the industry September 23, 2016 London mayor Sadiq Khan has written to tech firm Uber in response to its email campaign about the future of the capital's taxi and private hire industry. Transport for London (TfL) plans to introduce new rgulations for the sector including a requirement that private hire vehicles have "hire and reward" insurance in place for the duration of the licence, [...]