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 Transport & Infrastructure 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 Transport & Infrastructure 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 [...]
Let’s help London’s £53.5bn airport investment opportunity take off June 10, 2026 The report highlights how London’s global success has been underpinned by its connectivity. Yet those connections are straining through a combination of a Byzantine planning system, regulatory hurdles and rising, policy-driven, operating costs. If London can’t get airport investment off the ground, it’ll be left on the tarmac while other country’s growth flies, says John [...]
Chaos at Heathrow as burst water pipe causes train cancellations May 30, 2026 Passengers are facing major travel disruption travelling to and from Heathrow airport after a burst pipe ground train services to a halt earlier today. Transport for London said there were no services on the Elizabeth Line between Hayes and Harlington and Heathrow due to a signal failure caused by flooding at Heathrow Terminals 2 and 3. The Heathrow Express was also affected [...]
Airport warning over ‘full’ Heathrow as transfer traffic takes off on Iran war April 29, 2026 London’s main gateway to the world and the UK’s busiest airport issued a forthright warning over its capacity on Wednesday, as war in the Middle East meant demand for flight transfers took off. “Heathrow is full”, said its chief financial officer, Sally Ding. She spoke out alongside the release of first-quarter numbers which revealed 18.9m [...]
Hermès and Gucci shares tank in ‘dismal’ week for luxury brands April 16, 2026 Investors have fled from leading luxury stocks like Hermès and Gucci this week after they revealed tumbling sales as a result of the Iran war. The market was quick to respond to the poor results from several top fashion houses, as doubts swirl around the Middle East’s role as a key market for luxury brands. [...]
Macquarie ups stake to become majority owner of London City Airport October 15, 2025 An asset management giant has become the majority owner of London City Airport after buying out some of its fellow shareholders. Macquarie Asset Management has increased its stake in the transport airport to 75 per cent after acquiring a further 50 per cent equity stake from Alberta Investment Management Corporation and OMERS. The move comes after Macquarie [...]
London City Airport’s profit has almost doubled October 6, 2025 Profit at London City Airport almost doubled in 2024 thanks to a rise in passenger numbers, it has been revealed. For its latest financial year, the airport’s pre-tax profit increased from £6.6m to £11.8m. New accounts filed with Companies House also show its turnover rose from £102.6m to £115m. Passenger traffic increased by 4.6 per [...]