Boeing swoops in to save Monarch with restructured fleet deal October 9, 2016 Boeing looks set to swoop in and rescue low-cost airline Monarch, with a multimillion pound financing package. Monarch had been given a two-week extension by the Civil Aviation Authority (CAA) to its permit to sell holidays and flights in the UK, as the firm said it was on the cusp of lining up its biggest cash injection [...]
Gatwick summer delays give rise to watchdog probe October 9, 2016 A series of late take-offs at Gatwick during the summer has caught the attention of the Civil Aviation Authority. It is currently investigating the airport to find out the reasons for the drop in “on-time performance” as part of a long-planned review of Gatwick’s regulation. The CAA said a review was under way, but did [...]
Ted Baker’s on track for a boost in pre-tax profits October 9, 2016 Brexit blues aren’t expected to hit Ted Baker’s stride anytime soon. The retailer is forecast to post six-month profits in the realms of £19m-£21m – up on £17m for the same time last year. Analysts at Exane BNP Paribas describe it as a brand with “growing desirability”, noting it has delivered stable, consistent growth for nearly 30 [...]
The RMT tells members to accept new role but holds firm on strike action October 9, 2016 In the latest episode of the long-running dispute between the RMT and Govia Thameslink Railway, the union has advised its members to accept the new on-board supervisor role, but to proceed with strike action. RMT general secretary Mick Cash denied there had been a climb down from the union. “Our dispute remains on and the [...]
Talks to avoid Southern Rail strikes going ahead next week have failed, according to the RMT October 6, 2016 Talks to avoid Southern Rail strikes going ahead next week have failed, according to the RMT. Southern Rail and union officials held talks from 10am in a bid to hash out their differences and avoid a series of strikes kicking off next week. The strike dates announced by the RMT are: 00:01 BST Tuesday 11 [...]
Norwegian’s flying with 14 per cent passenger growth for September October 6, 2016 Low cost airline Norwegian carried nearly 2.8m passengers in September – an increase of 14 per cent on the same month last year. A total of 2,778,806 passengers flew with the airline last month, while total traffic growth increased by 21 per cent and capacity growth was up 19 per cent. Norwegian CEO Bjørn Kjos [...]
London’s tech firms are still dragging their feet on diversity October 6, 2016 London’s tech firms have work to do on improve diversity within their companies, but nearly half (46 per cent) don’t feel a diverse workforce improves a company’s growth. Of the 40,000 London tech companies, nearly 1,000 have entirely male staff, according to a new report from Tech London Advocates, a network of over 3,600 tech experts in [...]
Heathrow agrees to amend fourth misleading advert after complaint to ASA October 5, 2016 The Advertising Standards Authority (ASA) has "informally resolved" a complaint over a Heathrow ad attempting to stir up support for its expansion after the airport agreed to amend it. The complaint is the fourth in this vein; the three other adverts were judged "misleading". The latest was made by members of Teddington Action Group (TAG) about an advert from [...]
Commuters crowdfund £26,000 to launch legal challenge against DfT over Southern Rail crisis October 5, 2016 A fed up group of commuters has gone further than the average Londoner in an effort to tackle their travel delays and disruptions. The Association of British Commuters, a pressure group created after months of ongoing turmoil on Southern Rail, set up a crowdfunding website for a challenge of the Department for Transport's handling of the situation. [...]
Theresa May confirms government will press ahead with HS2 and airport expansion decision due shortly October 5, 2016 Theresa May confirmed the government would "press ahead" with HS2 development and that it would "shortly take a decision on expanding Britain's airport capacity". In the closing speech to the Conservative Party conference the Prime Minister said "big and sometimes controversial" decisions on infrastructure needed to be taken. Whether that statement was a hint at Heathrow getting [...]
