London City Airport on track for year-end goal as passengers soar 187 per cent December 5, 2022 London City Airport remains on track to reach its year-end goal of 3 million passengers by the end of 2022, as November numbers soared 187 per cent. Figures published today reported that around 272,000 passengers passed through the airport’s gates in November after BA expanded its CityFlyer schedule to Scotland, with daily flights to Aberdeen. [...]
Keir Starmer urges compromise on rail strikes after latest pay deal rejected December 5, 2022 Both the unions and the train operators need to compromise to bring the ongoing railway strikes to an end, according to Labour leader Sir Keir Starmer. “Both sides need to compromise, both sides need to finish the negotiations and the government needs to drive them forward,” Starmer told ITV’s Good Morning Britain. “The government’s been [...]
Ryanair’s Michael O’Leary: EU Commission ‘lacks the bottle’ to go against governments December 5, 2022 The European Commission “lacks the bottle” to go against the interests of national governments, according to Ryanair’s boss Michael O’Leary. Appearing in front of an Irish transport committee late last week, O’Leary said it was unfair that intra-EU short-haul flights were paying environmental taxes, while the more polluting long-haul flights remained exempt, the Express first [...]
Wizz Air’s boss: Airline not good candidate for M&A December 1, 2022 Wizz Air is not a good candidate for M&A but it will focus instead on organic growth, boss Jozsef Varadi commented. The chief executive’s remarks came in response to a question on whether Wizz would ever consider acquiring rival Easyjet. Easyjet on the other hand recently said it would not rule out any potential takeovers [...]
Airline industry racked up £180bn collective net loss since pandemic December 1, 2022 The airline industry has racked up a collective net loss of almost $220bn (£180bn) since the Covid pandemic began, according to recent research. Analysis published today by analytics firm Cirium shows that revenues for the world’s airline groups went down by more than 50 per cent in 2020, ending 2021 still 40 per cent below [...]
Ryanair to buy green aviation fuels from Shell but 2030 target remains unsure December 1, 2022 Ryanair is set to buy green fuels from Shell between 2025 and 2030 as part of its green push. The low-cost carrier today signed a memorandum of understanding, pledging to purchase as much as 360,000 tonnes of sustainable aviation fuel (SAF) by the end of the decade. According to Ryanair, the agreement will save up [...]
Ford receives £600m government loan to ramp up UK EV production December 1, 2022 Ford is set to ramp up production of electric vehicles in the UK following a £600m government loan. Through the UK Export Finance funding, the marque will increase its electric vehicle (EV) range from the current two models to nine within the next four years. The loan will boost a £125m investment into Ford’s EV [...]
TfL to invest £8.1bn into London’s road and rail network December 1, 2022 TfL is set to invest £8.1bn into London’s road and rail network as part of its long-term business plan. Set to support London’s economic recovery whilst achieving financial sustainability, the draft plan includes an annual £150m expenditure in safe and active travel, as well as a £110m scrappage scheme. The scrappage scheme will help offset [...]
Winter of discontent: Platform staff join rail workers with more strikes in December November 30, 2022 Station platform workers have piled on more pressure to the British public before Christmas announcing a series of strike days in mid-December. Members of the TSSA union will join railway colleagues on the picket line as part of a long-standing dispute over salaries and jobs. Avanti West Coast workers will walk out on 13, 14, [...]
Architectural feat: Latest HS2 Euston station designs unveiled November 30, 2022 The latest designs for the new HS2 Euston station have finally been unveiled to the delight of many architecture enthusiasts. The new designs will be subjected to feedback from the local communities. Due to be completed between 2031 and 2036, the £2.6bn station will expand across three levels, with a 300 metre-long concourse – the [...]
