Analysts forecast record revenues and possible supply chain issues ahead of Tesla results January 25, 2022 Ahead of tomorrow’s full year results, analysts have forecast that while Tesla’s revenue are expected to skyrocket, the car manufacturer could not be exempt from supply chain issues. “I would not be surprised if Tesla has some significant manufacturing challenges, producing the new vehicle structures and new batteries in high volumes,” Sam Abuelsamid, analyst at Guidehouse Insights, [...]
Volkswagen and Bosch join forces to develop hands-free software by 2023 January 25, 2022 Volkswagen and Bosch have announced they will work on the development of a self-driving software that will be installed on vehicles from 2023. Using data from Volkswagen, Bosch and Cariad – the car maker’s software subsidiary – will develop a level 2 system to enable hands-free driving in cities, motorways and rural areas. A level [...]
Canary Wharf becomes latest Elizabeth line’s station to join TfL January 25, 2022 Canary Wharf has become the latest and penultimate station on the Elizabeth line to be transferred from Crossrail to Transport for London (TfL). “This is the ninth station to be handed over to TfL and marks another big milestone for the Elizabeth line before it opens for passengers in the first half of this year,” [...]
Lufthansa mulls over participation in MSC acquisition of Alitalia’s successor ITA January 25, 2022 German carrier Lufthansa is reportedly deciding whether to participate in the acquisition of Italian airline and Alitalia’s successor ITA with shipping giant MSC. Lufthansa confirmed to Reuters it was in talks with the Swiss shipping company to become a partner in the deal. “We will use the next 90 days to explore all possible options [...]
Going Dutch: Motorists who open door with wrong hand to be fined up to £1,000 January 25, 2022 Motorists who open their car’s door with the wrong hand will risk being fined up to £1,000. Under the new High Code’s updates – coming into force from Saturday – motorists are forced to use the ‘Dutch Reach’ manoeuvre, which requires drivers and passengers to get out of their cars using the hand “on the [...]
Clock is ticking: Govia Thameslink in rush to avoid nationalisation January 25, 2022 Govia Thameslink, one of the UK’s biggest train operators, is reportedly rushing to secure a contract with co-owner Go-Ahead, in an effort to avoid nationalisation. Nationalisation plans were proposed after Go-Ahead failed to file its financial results on Monday – the second time since the Southeastern rail scandal, when the group admitted serious errors and [...]
Flight or fight: 5G confusion rocks both sides of the Atlantic January 21, 2022 The frenzy around 5G seems to have eased in the last day, as many US carriers – including American Airlines – said they registered a “minor operational impact”.
Qatar Airways vs Airbus: Court date set for late April January 20, 2022 A division of London’s High Court has set late April as the court date for Qatar Airways’ $618m lawsuit against plane maker Airbus, according to Reuters sources. The Qatari airline decided in December to take Airbus to court over a damage dispute concerning the A350 model, after it was forced to ground some of its [...]
Airline shares end higher following Ryanair’s ‘sea change’ comments January 20, 2022 Shares of European airlines ended higher today as a result of Ryanair’s ‘sea change’ comments. The Dublin-based carrier ended 4.2 per cent higher, while British Airways’ owner IAG and Easyjet went up 1.60 and 3.29 per cent respectively. Earlier today, low-cost carrier Ryanair said it had registered a ‘sea change’ in customer confidence over the [...]
Around the world in 155 days: 19-year-old is the youngest woman to complete solo journey January 20, 2022 Belgian-British 19-year-old Zara Rutherford has entered the Guinness World Records after she became the youngest woman to fly solo around the world. During her 52,080km journey, which took her 155 days, Rutherford visited 31 countries, taking off from Belgium on 18 August towards the Atlantic. After stopping in Iceland and Greenland, she flew through the [...]
