Negotiators work round the clock to thrash out Scandi air strike solution July 17, 2022 AILING airline SAS and pilot unions continued talks over new collective agreements yesterday after negotiations through the night, a union representative told reporters as a strike entered its fourteenth day. Most SAS pilots in Sweden, Denmark and Norway walked out on 4 July after talks over conditions related to the Scandinavian carrier’s rescue plan collapsed. [...]
Boeing trims airline market forecasts July 17, 2022 US AIRPLANE maker Boeing has trimmed its projected industrywide demand for airplanes over the next 20 years, but said it expects deliveries to be stable excluding the Russian market. Boeing projects airlines worldwide will need 41,170 new airplanes over 20 years with half of the deliveries for replacement aircraft, and with single-aisle aircraft accounting for [...]
Zahawi speech may be policy light, but it can be substantial July 14, 2022 On Tuesday evening of next week, the Chancellor Nadhim Zahawi – no, we’re not quite used to it either – will take to the lectern at the Mansion House and deliver what is usually one of the most anticipated speeches of the year. This particular Mansion House speech had been marked in the calendar for [...]
Italian President refuses to accept Mario Draghi’s resignation as PM July 14, 2022 Italy’s President has sensationally declined to accept Mario Draghi’s resignation as Prime Minister, further plunging the country into political uncertainty. Draghi made a statement this evening to say the “national unity” coalition which supported him as PM no longer exists after the Five Star movement, which had supported the coalition, pulled out of a confidence [...]
Long read: TikTok’s march to the top by no means inevitable July 14, 2022 Ian Whittaker is twice winner of the City A.M. Analyst of the Year as well as a judge on this year’s awards, and founder of advisory firm Liberty Sky Advisors Given investors’ embrace of capitalism, it is ironic that their view of Tech – especially when it comes to the leading players – can be [...]
Absurd rush through Tory contest is robbing the party of a battle of ideas July 13, 2022 The images of the farthest reaches of the cosmos beamed back to Earth from the James Webb telescope invite all of us to consider the great unknown. The mysteries of the universe – from the Big Bang to whether there really is intelligent life out there – are all in those images. Closer to home, [...]
Last-minute funding deal for TfL but still no sign of long-term agreement July 13, 2022 Transport for London (TfL) has received yet another short-term extension to its funding deal from central government just hours before an existing bailout was set to expire. “We have today agreed with the government that our existing funding agreement will be extended until 28 July 2022 so these discussions can be continued,” the public body said today. It [...]
Plenty of sympathy for aviation chiefs but time for excuses is running out July 13, 2022 Running an airport or an airline is no doubt a hard job, not least because people most often notice you when something has gone wrong. One wag on twitter says he has a recurring nightmare in which he serves as a social media manager for a major carrier, and it is true that very few [...]
Tory leadership: Shapps and Raab back Rishi Sunak to be next PM July 12, 2022 Transport secretary Grant Shapps and deputy Prime Minister Dominic Raab have backed Rishi Sunak to be the next Tory party leader, with the former chancellor today vowing “a return to traditional conservative economic values” if he becomes Prime Minister. Shapps’ endorsement comes after he decided to call off his faltering campaign and throw his lot [...]
Oil price spike to push up airline fares in long-term, warns Willie Walsh July 11, 2022 THE HIGHER price of oil will be reflected in increased airline fares, the boss of the international industry body warned yesterday. “Oil is the single biggest element of an airline’s cost base. It is inevitable that ultimately the high oil prices will be passed through to consumers,” Willie Walsh, chief executive of the International Air [...]
