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
Boeing confronts new turbulence as mid-air incident raises alarms January 8, 2024 In the wake of a recent mid-air fuselage breach on a 737 Max, Boeing finds itself under increased scrutiny, triggering concerns about its ability to maintain a delicate equilibrium between accelerated production and product quality. The incident adds pressure at a pivotal moment for Boeing, awaiting approval for new models of its renowned MAX jet. [...]
Airlines slapped down by ads watchdog over greenwashing claims December 6, 2023 Adverts for Air France, Lufthansa and Etihad have been banned for giving consumers a misleading impression of the airlines’ environmental credentials. The Google ads, all seen in July, stated that Air France was “committed to protecting the environment” and urged consumers to “travel better and sustainably”, while Lufthansa suggested that its customers would “Fly more [...]
Hydrogen electric aircraft start up nets £32m from UK Infrastructure Bank November 27, 2023 Hydrogen-electric aircraft developer Zeroavia has secured the banking of the UK infrastructure bank in its latest fundraising round.