Why Virgin Atlantic boss won’t meet British Airways chief alone November 25, 2024 The boss of Virgin Atlantic has revealed the legacy of the dirty tricks scandal in the early 1990s will mean he will never meet his British Airways counterpart alone. Shai Weiss has said that while he has “professional respect” for Sean Doyle, he remains cautious and does “not want to get caught out”. Three decades [...]
What happened at the poshest event in Monaco November 11, 2024 Arriving in Monaco, a magnet for the rich and glamorous and the second smallest country in the world, I was struck by the tones of the buildings: an enticing blur of apricot, peach and sand. Famed for fast cars due to international races like Monaco Grand Prix and Monaco ePrix, it is a country of [...]
IAG shares surge as British Airways owner launches new buyback November 8, 2024 IAG shares jumped 7.5 per cent in early deals this morning after the British Airways owner unveiled its third-quarter results for the three months to 30 September today. The company reported an increase in total revenue for the period of 7.9 per cent and an increasing operating profit of 15.4 per cent to adjust over [...]
Rolls-Royce holds guidance but warns on supply chain November 7, 2024 The FTSE 100 firm is expecting underlying operating profit of between £2.1bn to £2.3bn, and free cash flow of £2.1bn to £2.2bn.
25% off for 25 years: British Airways Marks its Silver Anniversary at London City Airport with 25% off Flights and the Hospitality Industry Joins to Celebrate November 5, 2024 British Airways today marks 25 years of flying the UK flag to and from London City Airport. To mark this milestone, customers can enjoy up to 25% off selected winter city break routes such as Amsterdam, Rotterdam, and Nice together with 25% off London hotel stays. Customers booking flights before 11 November 2024, and travelling [...]
Sir Rocco Forte leads 300 business leaders in call to scrap ‘spectacular own goal’ tourist tax October 21, 2024 Over 300 business leaders have signed a letter asking Chancellor Rachel Reeves to reinstate tax-free shopping in the UK, calling the so-called tourist tax a “spectacular own goal” for retail. The signatories, which include hotelier Sir Rocco Forte, Paul Smith, Heathrow, John Lewis and Shakespeare’s Globe, have said that if Reeves is serious about promoting [...]
Wizz Air, Easyjet and IAG: Short sellers circle London-listed airlines October 14, 2024 Five short sellers have taken out positions against the three major airlines that hold listings on London's FTSE 100 and FTSE 250 indexes.
‘Dangerous and destructive’ Hurricane Milton makes landfall in Florida October 10, 2024 Hurricane Milton has made landfall as a Category Three storm, with the Met Office warning it will be “dangerous and destructive” as thousands of UK holidaymakers had their flights to Florida cancelled. Milton made landfall near Siesta Key, Florida, at about 8.30pm local time. The US National Hurricane Centre reports the hurricane had maximum sustained [...]
London City Airport back in the black after losing almost £100m October 7, 2024 London City Airport returned to the black for the first time since the Covid-19 pandemic as passenger numbers continued to recover. The hub has reported a pre-tax profit of £6.6m for 2023, according to newly-filed accounts with Companies House, having made a loss of £1.1m in the prior 12 months. London City Airport had last [...]
BA Cityflyer: London City Airport carrier hails ‘laser focus’ as profit takes off October 4, 2024 BA Cityflyer, the main airline operating from London City Airport, has said a “laser focus” on improving its service led to increased punctuality and profit for 2023. The business, which is wholly owned by British Airways, has reported a pre-tax profit of £11.1m for the year, up from £4.3m in 2022. The figure comes after [...]