British Airways finance boss to become new chief financial officer at parent company IAG April 15, 2019 British Airways' finance boss Steve Gunning is to take over as the chief finance officer at parent company IAG, replacing the incumbent Enrique Dupuy de Lôme. Willie Walsh's IAG said de Lome would also stand down as the board's executive director when the company holds its AGM in June, where Gunning's appointment will also be put [...]
Norwegian Air slammed for imposing ‘1950s’ dress code on female cabin crew April 15, 2019 Norwegian Air has been blasted as stuck in a “Mad Men universe” after female staff were told they must carry a doctor’s note at all times if they want to wear flat shoes. In a 22-page dress code which was circulated to staff two weeks ago, the airline said its female employees must wear heels [...]
Passengers take wings at Heathrow as airport sees growth despite Brexit headwinds April 15, 2019 London’s main airport Heathrow showed its 29th consecutive month of record growth in March as passengers headed for Africa and North America helped push up figures. The number of trips made on connections to Africa jumped 5.8 per cent to 304,000, while freight to and from the continent grew 11 per cent as Virgin increased [...]
Old school train tickets to be a thing of the past as rail companies ramp up smart tickets April 10, 2019 Old-school orange rail tickets could become a thing of the past as train companies ramp up the technology for paperless 'smart' tickets. Nine in 10 tickets offered around UK rail stations will be soon be available to buy paperless at busy stations such as Waterloo, Brighton, Gatwick Airport, Edinburgh Waverley and Glasgow Central following upgrades to the [...]
British Airways settles long-running pensions battle with trustees April 9, 2019 British Airways has settled a long-running battle with the trustees of one of its staff pension schemes in a case that was set to go to the Supreme Court. The trustees of the nearly 25,000 member Airways Pension Scheme said today they had agreed to an out-of-court settlement to the dispute, subject to the approval of the [...]
Losing height: Boeing suppliers’ shares take a hit after plane maker announces 737 Max production April 8, 2019 Some of Britain’s biggest engineering companies lost hundreds of millions in market value this morning after Boeing announced it will cut production of its 737 Max range by nearly 20 per cent. Suppliers to the US firm including Rolls-Royce lost out as investors digested the news announced on Friday afternoon, which is the latest blow [...]
Norwegian Air boss tweets about ‘good meetings’ with Boeing after 737 Max 8 ban April 3, 2019 Norwegian Air has had positive meetings with plane manufacturer Boeing after its 737 Max 8 model was grounded across the globe last month. Norwegian’s 162-strong fleet includes 18 of Boeing’s 737 Max 8 model, which aviation authorities across the globe have grounded, after it suffered its second fatal crash in five months. Read more: Norwegian [...]
City Moves for 2 April – who’s moving jobs at Powell Gilbert, Stobart and Ashurst? April 2, 2019 Here are all the City Moves happening today: Powell Gilbert Specialist IP law firm Powell Gilbert LLP has promoted Siddharth Kusumakar to its partnership, increasing the total number of partners at the firm to ten. Since joining Powell Gilbert in 2012, Siddharth has advised clients across a variety of technologies, with a focus on multi-jurisdictional [...]
Time Out looks to markets as audience reach hit by Facebook algorithm change March 28, 2019 Media company Time Out saw its audience numbers slashed by a third last year after a change to Facebook’s algorithm pushed its content further down users’ newsfeeds. The company reported an average global monthly audience reach of 144m, down 33 per cent on the year before, which it said was “primarily the result of a [...]
Sadiq Khan calls for TfL to take over from Network Rail as London’s railway manager March 26, 2019 Sadiq Khan has said Transport for London (TfL) should replace Network Rail as the UK's rail infrastructure manager to improve the reliability of services for London's commuters. The London mayor wants responsibility and funding for key rail assets such as tracks and stations to be transferred to the transport body so it is able to plug the communication gap [...]