BA owner IAG to power a tenth of flights with sustainable fuels by 2030 April 22, 2021 British Airways owner IAG has today committed to powering 10 per cent of its flights with sustainable aviation fuels by 2030. The carrier group said that doing so would remove 2m tonnes from its annual emissions footprint, which it equated to taking 1m cars from the road per year. It is the first European airline [...]
Government plan leaves international travel restart ‘in jeopardy’ April 22, 2021 The “lack of clarity” in the government’s recent Global Travel Taskforce report leaves the reopening of international travel on 17 May “in jeopardy”, MPs have said. The Transport Select Committee has this morning said that the government’s framework for restarting travel lacks the necessary detail to actually facilitate such a process. And where such detail [...]
£2.3bn Aggreko takeover ‘in doubt’ after shareholder revolt April 21, 2021 The multi-billion pound takeover of FTSE 250 firm Aggreko has been thrust into uncertainty tonight after the company’s biggest shareholder said it would vote against the deal. Liontrust Asset Management, which owns 12 per cent of the energy provider, is set to oppose the deal, Sky News reported tonight. The news comes just a month [...]
BA inks deal with £60 PCR test firm in boost to summer holiday plans April 21, 2021 Exclusive: BA inks deal provide £60 PCR tests in boost to summer holiday plans
Mercedes maker Daimler to cut hours of 18,500 workers due to chip shortage April 21, 2021 Mercedes maker Daimler today said it would cut the hours of some 18,500 workers at its factories in Germany due to the current shortage of semiconductor chips. The auto giant also said it would halt production at two plants for a temporary period of time. A spokesperson for the Stuttgart-headquartered firm said that it was [...]
World’s airlines face losses of nearly $50bn in 2021, IATA warns April 21, 2021 Global aviation body the International Air Transport Association (IATA) today warned that the world’s airlines could be facing combined losses of $47.7bn (£34.3bn) in 2021 due to Covid-19. Planes remain grounded around the world as travel restrictions continue to limit flying to a mere fraction of pre-pandemic levels. Although such a loss is a huge [...]
As the City reopens, small businesses reliant on office workers cross their fingers and hope April 21, 2021 As the City reopens, small businesses reliant on office workers cross their fingers
Going underground (again): Tube journeys up 40 per cent as hospitality reopens April 21, 2021 The number of people taking public transport in London surged back to levels not seen since October last week as punters flocked back to pubs, bars, and shops as they reopened. In total, there were about 1.4m Tube journeys made on 16 April, up from around 1m a week before – an increase of 40 [...]
George Floyd: Policeman found guilty in murder trial April 20, 2021 Jurors in Minneapolis have found former police officer Derek Chauvin guilty of the murder of George Floyd last year. Chauvin was filmed kneeling on Floyd’s neck for more than nine minutes during his arrest last May. The footage, which was widely shared on social media, triggered mass protests around the world. Chauvin had pleaded not [...]
European Super League crumbling as top clubs Chelsea and Man City pull out after backlash April 20, 2021 European Super League crumbles as top clubs Chelsea and Man City pull out