Subsidies should not be relied upon to ramp up green aviation fuel production, says charter boss November 8, 2022 The aviation industry should not rely only upon government subsidies to ramp up the production of sustainable aviation fuels (SAFs), according to private charter company Victor. Produced from the likes of solid waste and food scraps, SAFs reduce CO2 by up to 80 per cent over their life cycle and are considered the best way [...]
Across the pond: Transatlantic travel booms following US border reopening November 8, 2022 Transatlantic travel has boomed over the last 12 months following the US border’s reopening last November. Data published today by aviation analytics firm Cirium showed that flights from the UK to the US have increased 79 per cent on last year’s level, going up to 92 per cent of pre-pandemic times. Heathrow was the UK’s [...]
Canary Wharf to Heathrow within 45 mins as direct Elizabeth Line services launch November 8, 2022 The journey from Canary Wharf to Heathrow has been cut down to just 45 minutes after Elizabeth line direct services to and from the airport were launched this week. Now the fastest way to get to the west London hub, the new direct connection will also bring about new business opportunities for those setting up [...]
Disruption continues as trains delayed this AM despite unions calling off strikes November 8, 2022 Disruption continued this morning as trains were delays despite rail strikes being called off last week. Several operators were forced to push first services by around two hours after struggling with having staff and rolling stock ready. South Western Railway urged passengers not to travel before 8am, while Northern and Great Western Railway said they [...]
Online retailer Marks Electrical delivers double-digit revenue growth despite economic volatilities November 8, 2022 Marks Electrical has delivered a double-digit revenue growth despite current market volatilities. In the six months ended 30 September, the online electrical retailer posted a revenue growth of £43.1m – 15.1 per cent up on last year’s levels. The company grew its position in both the Major Domestic Appliance as well as in the Consumer [...]
Direct Line’s premiums slump amid challenging market backdrop November 8, 2022 Direct Line’s adjusted gross premiums have slumped slightly against a challenging market backdrop. In the nine months ended 30 September, the insurer’s total group premiums were £2.3bn – down 3.5 per cent on last year’s levels. Its Motor and Home markets went down 8.9 per cent and 10.1 per cent respectively, while Direct Line delivered [...]
Airlines and airports call on UK Gov to ramp up support for green aviation fuel production November 7, 2022 A group of UK airlines and airports has called on the government to ramp up state support for the production of sustainable aviation fuels (SAFs). “We believe UK SAF production has the chance to become a domestic success story, but the government needs to act now to ensure manufacturers get the price certainty needed to [...]
Jet maker Embraer reaffirms full-year forecast after increased deliveries November 7, 2022 Embraer has reaffirmed its full-year forecast as it increased quarterly deliveries compared with 2021 levels. The Brazilian jet maker said today it shipped 10 commercial aircraft and 23 executive jets in the three months to the end of September – up 10 per cent from last year’s delivery volumes. The company’s order backlog stood at [...]
Ryanair remains cautious about future despite record half-year November 7, 2022 Ryanair has remained cautious about its future despite posting a record half-year performance. Driven by an exceptional summer traffic, the low-cost carrier’s after tax earnings jumped to €1.37bn (£1.20bn) – up from a €48m net loss last year. Even though slightly below analysts’ consensus, this was its highest half-year results ever, as it surpassed the [...]
Gutsy Loungers sees motorway’s Brightside as retailer launches entire new restaurant chain November 7, 2022 Loungers announced today the launch of a new roadside restaurant brand called Brightside, amid a volatile economic environment. The UK cafe and restaurant operator said it has acquired three sites, with the first one set to open on the A38, south of Exeter, in February. The other two sites will open on the A303 and [...]
