Airlines could sit on £112m of flight compensation this summer, as 70 per cent of customers won’t claim back for delays June 16, 2016 UK flyers could lose out on £112m in flight delay compensation this summer, according to new research from comparison website Money.co.uk. Seven in 10 UK travellers are unlikely to claim compensation from their airline this summer for delays to their journeys. However, this could be because consumer believe they will receive just £176 if they make [...]
Uber’s hungry for even more cash with plans for $2bn leveraged loan June 15, 2016 Thought the most highly valued private tech company in the world had enough money to throw around? Apparently, it doesn't. Uber is rounding up another $2bn (£1.4bn) to its already pretty huge cash mountain in its bid for world domination, but this time it's tapping the cash via a leveraged loan. Read more: Apple's favourite Chinese Uber rival [...]
Go-Ahead shares price slumps after Thameslink profit warning June 14, 2016 Go-Ahead's share price has slumped over 16 per cent after it announced profits expected from Thameslink would be sharply less than expected. In a trading update, Go-Ahead said the cost of extra investment in Govia Thameslink Railway (GTR) would halve its expected profit margins over the contract's lifetime. It said that the expected profit margin is [...]
Euro 2016: Flights cancelled due to French strikes June 14, 2016 A series of strikes in France are disrupting the European Championship. A number of flights from the Republic of Ireland and the UK have been cancelled because of a French air traffic controllers strike. The strike is disrupting flights to and from France, as well as over French airspace. Aer Lingus and Ryanair have both had [...]
London travel disruption: Bond Street station closed and no service on Jubilee Line between Waterloo and Finchley Road due to person on the track June 13, 2016 Bond Street station is closed this afternoon due to a person on the tracks. The station was evacuated shortly after 3pm when a person jumped onto the Jubilee Line track. There is currently no service on the Jubilee Line going in both directions between Waterloo and Finchley Road stations because of the incident, and there are severe delays [...]
Sir Stelios Haji-Ioannou urges Fastjet shareholders to vote to remove chairman Colin Child June 13, 2016 EasyJet founder Sir Stelios Haji-Ioannou has written to shareholders of African budget airline FastJet and urged them to vote to remove the company's chairman at its annual meeting which will take place in London next Tuesday 28 June. Shares in FastJet were down 7.8 per cent in mid-afternoon trading. Haji-Ioannou owns around 12 per cent of FastJet's stock through his [...]
Heading to UEFA Euro 2016? Sorry but more travel disruption on the way as Air France updates warning on cancelled flights June 12, 2016 Anybody heading across the Channel for a short getaway or to see their team play in Euro 2016 has a fresh set of travel woes, as Air France today warned that strike action would affect around a fifth of its flights for the next couple of days. The French airline has advised passengers to check whether their [...]
Euro 2016: Easyjet pilots are going to provide passengers with live score updates during flights June 10, 2016 Budget airline Easyjet is stepping up its customer service game in a huge way this summer. The company has just revealed that its pilots will update passengers with Euro 2016 scores in-flight. The information will be sent to the pilots from the airline's operations control centre at its Luton head office, via Aircraft Communications Addressing and [...]
Her Majesty the Queen’s 90th birthday? Let me take a selfie, says South West Trains June 10, 2016 The crowded concourse at London Waterloo may not seem like the obvious place to snap some selfies, but that's precisely what South West Trains is encouraging people to do. Today and tomorrow, the train company is running a selfie contest to celebrate the Queen's 90th birthday. To make the station a bit more regal and hopefully bring a [...]
New airline POP wants to turn Stansted into a low cost hub June 9, 2016 A new airline launching direct flights on routes currently unserved to the market is planning on using Stansted Airport as a hub for travel into Europe. POP, a low cost airline that hopes to start flying toward the backend of 2016, will fly from Stansted to Amritsar (Punjab) and Ahmedabad (Gujarat). Speaking to City A.M. [...]