Gatwick and Birmingham airport chiefs urge Rachel Reeves to tackle business rates threat December 5, 2024 Chief executives from Gatwick and Birmingham Airport have criticised Chancellor Rachel Reeves' planned changes to business rates.
We are practically full and must expand, says Gatwick boss December 2, 2024 The Planning Inspectorate passed its recommendation to ministers last Wednesday, on whether Gatwick's expansion should proceed.
We can have our cake and eat it, says boss of London private jet hub November 19, 2024 London Biggin Hill Airport chief executive David Winstanley argues business aviation can decarbonise without slowing growth.
Ryanair profit tumbles as prices fall and Boeing delivery delays hit capacity November 4, 2024 Ryanair’s half-year profit has fallen 18 per cent amid a dip in the average price of its ticket fares and ongoing Boeing delivery delays. The budget airline reported a post-tax profit of €1.79bn (£1.5bn), even as passenger demand reached a record 115m, up nine per cent year-on-year. Revenue increased one per cent to €8.58bn. However, [...]
Boeing set for crunch vote in strike dispute November 3, 2024 The International Association of Machinists and Aerospace Workers, which represents over 30,000 Boeing staff, will hold a ballot on Monday.
Boeing plans to raise £27bn amid concerns of future bankruptcy October 15, 2024 Embattled US planemaker Boeing has announced plans to raise as much as $35bn (£26.8bn) through a credit agreement and share sale to boost its balance sheet as it battles a string of crises.
This is why business travel will never be the same again – IWG boss October 15, 2024 Current signs indicate business travel is unlikely recover to pre-pandemic levels, the boss of IWG, one of the world’s largest office providers, has said. “Technology will never replace the value of in-person interactions where they are strategically important,” chief executive Mark Dixon told City AM. However, he warned “all signs suggest it is unlikely to return to [...]
Wizz Air, Easyjet and IAG: Short sellers circle London-listed airlines October 14, 2024 Five short sellers have taken out positions against the three major airlines that hold listings on London's FTSE 100 and FTSE 250 indexes.
London Heathrow Airport: Record run continues as September traffic booms October 11, 2024 Heathrow's bullish performance comes as the West-London hub mulls whether to pursue its long-delayed expansion plans.
Boeing strike set to drag on after talks with union collapse October 9, 2024 Boeing said it had removed an offer which would have increased pay for its rank-and-file machinists by nearly a third over the next three years.