Virgin Atlantic and British Airways owner’s fury at Heathrow charge hike Transport and infrastructure Plans for a fresh landing charge hike at Heathrow Airport have triggered fury from its largest airline stakeholders, British Airways and Virgin Atlantic. The UK’s biggest airport on Friday announced its intention to hike the levy it charges airlines for using its runways by 17 per cent, a move that will likely push up ticket [...]
Heathrow: Third runway car park plans more costly than entire Gatwick expansion Transport and infrastructure Upheaving Heathrow Airport’s car parks as part of plans for a third runway would cost more than the entire expansion of its closest rival Gatwick, leaked documents that reveal the magnitude of financing the controversial project show. The UK’s biggest airport plans to replace most, if not all, of its existing car parks to build [...]
Heathrow: Sir Richard Branson eyes terminal as Virgin Atlantic and British Airways push for more control Transport and infrastructure Sir Richard Branson could end up taking over one of Heathrow Airport’s terminals if the airport succumbs to pressure from airlines to reform its regulatory model. The billionaire’s airline Virgin Atlantic is plotting to seize greater control of the UK’s busiest hub alongside its long-running rival, British Airways’ parent company IAG. The two carriers are [...]
Virgin Atlantic boss slams Heathrow chief for dozing during fire April 28, 2025 A decision by the head of Heathrow Airport to go to bed during last month’s substation fire was “questionable,” the chief executive of one of its main airlines has said. In an interview with the Telegraph, Virgin Atlantic boss Shai Weiss said the behaviour of Thomas Woldbye was not that expected of a chief executive. [...]
Why Virgin Atlantic boss won’t meet British Airways chief alone November 25, 2024 The boss of Virgin Atlantic has revealed the legacy of the dirty tricks scandal in the early 1990s will mean he will never meet his British Airways counterpart alone. Shai Weiss has said that while he has “professional respect” for Sean Doyle, he remains cautious and does “not want to get caught out”. Three decades [...]
‘Dangerous and destructive’ Hurricane Milton makes landfall in Florida October 10, 2024 Hurricane Milton has made landfall as a Category Three storm, with the Met Office warning it will be “dangerous and destructive” as thousands of UK holidaymakers had their flights to Florida cancelled. Milton made landfall near Siesta Key, Florida, at about 8.30pm local time. The US National Hurricane Centre reports the hurricane had maximum sustained [...]
Boardroom Uncovered: How Virgin Group’s CEO went from New Zealand to running Richard Branson’s empire July 30, 2024 Boardroom Uncovered is City A.M.‘s on-camera interview series featuring the CEOs of the biggest and best-known companies operating in the UK.
Virgin Atlantic buys seven new planes from ‘main dance partner’ Airbus as it targets return to profit July 23, 2024 Virgin Atlantic has ordered seven new plans as it looks to complete its multibillion-dollar fleet transformation and return to the black.
Gatwick boss on the hub’s bumper summer and the return of Virgin Atlantic June 18, 2024 As one of the busiest summers of travel in history gets underway, Gatwick chief executive Stewart Wingate catches up with City A.M. at the airport.
Richard Branson: Virgin founder’s net worth gets a boost from Virgin Atlantic’s growth May 19, 2024 Richard Branson has seen his net worth hold steady as growth has returned to his Virgin Group.