IAG chief hits back after MPs blast BA as ‘national disgrace’ over job cuts June 15, 2020 The chief executive of British Airways (BA) owner IAG has hit back at MPs after a report from the transport select committee labelled the UK’s flag carrier a “national disgrace”. Tensions between lawmakers and the airline have become inflamed over BA’s plans to make 12,000 of its staff redundant during the coronavirus crisis. The report [...]
Lufthansa seeking to make equivalent of 22,000 jobs redundant June 15, 2020 German flag carrier Lufthansa is looking to make the equivalent of 22,000 full-time roles redundant as it seeks to restructure after the coronavirus crisis. The airline said that it was aiming to have made agreements with workers’ representatives by 22 June. The job cuts, which will impact 600 pilots, 2,600 cabin crew members and 1,500 [...]
Body of US fighter pilot in North Sea crash recovered June 15, 2020 The body of the pilot of the US fighter jet which crashed into the North Sea this morning has been found and confirmed to be deceased. In a statement, the US Air Force said: “The pilot of the downed F-15C Eagle from the 48th Fighter Wing has been located, and confirmed deceased,” said a spokesperson. [...]
Coronavirus: Plans for Portugal-UK ‘air bridge’ going well June 15, 2020 Portugal’s prime minister Antonio Costa has said that negotiations over an “air bridge” with the UK were still in progress and going well. Speaking to foreign media, Costa said: “We are working towards an agreement and will wait for it to happen”. If the measure is agreed, people in England will be able to travel [...]
US fighter jet wreckage found but pilot still missing June 15, 2020 Wreckage from a US Air Force jet which crashed in the North Sea this morning has been found by HM Coastguard. However, the plane’s pilot has yet to be found, it added. A statement from the US Air Force said: “Search efforts by Her Majesty’s Coastguard have located wreckage from the downed F-15C Eagle and [...]
Coronavirus: 38 more people die as total reaches 41,736 June 15, 2020 A further 38 people have died of coronavirus in the UK, the Department of Health confirmed today, meaning the total death toll has reached 41,736. In addition, 1,056 more people have tested positive for the disease, meaning that there have now been 296,857 cases recorded in this country. The number of new fatalities, which is [...]
Jaguar Land Rover falls to half a billion loss in final quarter June 15, 2020 Luxury carmaker Jaguar Land Rover (JLR) fell to a £501m loss in the fourth quarter, it was announced today, as the coronavirus hammered unit sales. Before the pandemic hit in the last period, JLR said that it had been on track to hit its financial targets after returning to profit in the second and third [...]
Germany to take stake in coronavirus vaccine firm June 15, 2020 Germany will take a 23 per cent stake in unlisted biotech firm Curevac, which is working on a coronavirus vaccine, finance minister Peter Altmaier confirmed today. The state will pay €300m for the stake, which gives the firm a valuation of €1.3bn. The move, which Reuters first reported earlier today, came after attempts by the [...]
MPs label British Airways a ‘national disgrace’ over job cuts June 13, 2020 MPs have condemned British Airways, calling the embattled carrier a “national disgrace” over its plans to make 12,000 of its staff redundant. In a report from the transport select committee, MPs described the airline’s actions as a “calculated attempt to take advantage of the pandemic to cut 12,000 jobs and to downgrade the terms and [...]
City welcomes move to ease post-Brexit border controls June 12, 2020 Business groups have reacted favourably to the government’s decision to u-turn on imposing full border checks on all EU goods entering the UK after the Brexit transition period ends. Border controls will now be introduced over three stages up until July 2021, with Cabinet Office minister Michael Gove has accepting that businesses should not have [...]
