WH Smith warns on profit again as discounting hits margins Retail WH Smith has cut its profit target again after warning that intense discounting and “inflation headwinds” are hitting its bottom line. The convenience retailer had initially told investors it could make as much as £105m in pre-tax profit this year, before slashing the target to between £75m and £90m. On Wednesday, the group reduced its [...]
Airport chaos latest: Heathrow, London City ‘starting to recover’ after air traffic control failure Travel Heathrow, Gatwick and London City airports have been among the most-impacted after a “technical issue” grounded scores of flights across the UK. Britain’s air traffic control service, Nats, said just before 2pm it was investigating a “technical issue” which had delayed departures across most of the UK’s biggest airports. The fault sparked travel chaos at [...]
Ryanair warns soaring jet fuel prices could topple rival airlines Transport & Infrastructure Ryanair has warned that the price of jet fuel could soar next summer, threatening some of its European competitors with collapse. The budget airline said it has taken emergency measures to protect itself from the higher jet fuel prices caused by the Iran war, trimming its passenger targets from 216m to 214m for this year. [...]
Stansted Airport owner hit with cyber attack as millions of customers’ data stolen August 27, 2026 The owner of London Stansted has been targeted in a cyber attack that has led to customers data being stolen. Manchester Airport Group (MAG), which runs Stansted, East Midlands and Manchester Airport, said on Thursday customers’ email addresses, phone numbers, vehicle registrations and postcodes had been seized in a “cyber security incident by an unauthorised [...]
Gatwick takes ‘significant’ passenger hit from Iran war August 26, 2026 Gatwick has suffered a “significant” decline in passenger numbers as a result of the Iran war after airlines cancelled flights to the region and holidaymakers swerved destinations like Cyprus, Greece and Turkey. The UK’s second-biggest airport saw total passenger numbers drop by nearly five per cent because of the Middle East conflict, weighing on revenue [...]
Revolut takes flight with launch of new airport lounges August 13, 2026 Revolut is planning to build up its physical presence in Europe with the launch of its own airport lounges. The digital banking giant has said from next year it will begin rolling out premium lounges across its priority markets. The London-based group has picked Copenhagen Airport for the 2027 debut, which Hadi Nasrallah, director of [...]
Heathrow overtaken by Istanbul as Europe’s busiest airport August 11, 2026 Heathrow said the case for expansion has “never been clearer” after it was overtaken by Istanbul as Europe’s busiest airport. The West London transport hub has long been Europe’s busiest travel destination, and is currently locked in a dispute with the regulator over its plans for a third runway. “The case for expansion has never [...]
Jet2 handed £400m boost from Iran war jet fuel spike July 8, 2026 Jet2 recorded a £400m boost from the rising price of jet fuel which caused widespread fear that summer holidays could be cancelled and airlines could go bust. The package holiday provider revealed that it defied the travel chaos caused by the Middle East conflict to instead take a £388m balance sheet boost from rising jet [...]
Ryanair blasts ‘misguided’ watchdog over family seating probe June 25, 2026 Ryanair has slammed the “misguided” competition regulator over a probe into its family seating rules, claiming the watchdog has turned a “blind eye” to more serious issues. Michael O’Leary, the boss of the budget airline, claimed that the Competition and Markets Authority (CMA) has forced it to “reluctantly” make a rule change which will make [...]
EU airport chief: ‘I don’t know how we’ll cope’ with new border system June 23, 2026 Europe’s airport chief has warned that he “doesn’t know” how the continent’s airports will “cope” with the huge delays caused by a new EU border system as the holiday season looms. Stefan Schulte, president of European airports trade body ACI Europe, told an industry event in Prague: “Passengers are queuing for hours at peak traffic [...]