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      UK Finance warns tech giants to step up in Britain’s fraud fight

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Aviation

  • Wizz Air loses ground on Ryanair as Pratt & Whitney engine issues weigh on passenger numbers

    May 2, 2024

    Wizz Air's passenger numbers fell in April due to ongoing problems with its Pratt & Whitney-manufactured GTF engines.

  • Billionaires, showrooms and mega-deals: Inside London’s private jet scene

    April 30, 2024

    From glitzy Mayfair showrooms to the City's secretive airports - Guy Taylor takes a closer look inside London's private jet scene

  • London’s ultra wealthy have ‘moved out’ since Brexit, says top private jet dealer

    April 30, 2024

    Brexit, changes to non-dom status tax rules and the Russia-Ukraine war has led to a slump in sales of private jets in London, a top dealmaker has said.

  • Michael O’Leary defends monster bonus: ‘Pep and Klopp get £25m a year and nobody says boo’

    April 28, 2024

    Michael O'Leary won't put up with any "mewling nonsense" over his possible £84m bonus payout. “Footballers are getting half a million a week," he argued.

  • Wizz Air slashes profit guidance as Pratt & Whitney engine issues bite

    April 25, 2024

    Wizz Air has cut its targets for annual profit as issues with its GTF engines continue to impact capacity.

  • Here’s what it would take for Embraer to break the Boeing-Airbus duopoly

    April 11, 2024

    The crisis engulfing Boeing is showing no signs of abating. City A.M. explores whether the Boeing-Airbus duopoly could ever be broken.

  • This week in Boeing: Fresh whistleblower allegations, March delivery slowdown and another flight incident

    April 11, 2024

    Boeing is facing another turbulent week as it grapples with several more troubling developments in the space of a few days.

  • ‘Huge blow’: London Heathrow Airport slams new £10 transit charge despite record passenger traffic

    April 11, 2024

    Speaking to City A.M. in November, Virgin Atlantic chief Shai Weiss described the so-called Electronic Travel Authorisation as “short-sighted.”

  • Former Rolls-Royce boss Warren East appointed Chair of UK’s air traffic control service

    April 10, 2024

    Warren East has been appointed chair of NATS, which is looking to rebuild trust after a major IT outage last August caused chaos across UK airspace.

  • Major insurers attempt to push billion pound litigation to a Russian court

    February 7, 2024

    Major insurance companies are at court today seeking to have a multi-billion pound aviation legal action moved from England to a Russian court

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