IAG: British Airways owner brings back dividend for the first time since Covid-19 August 2, 2024 IAG, the airline conglomerate which owns British Airways, has unveiled plans to reinstate dividend pay-outs for the first time since Covid-19 decimated the aviation industry.
What’s on in London in August 2024 August 1, 2024 As the sun continues to shine over London, the city is brimming with exciting open-air events and activities for everyone to enjoy. From music festivals and cultural exhibitions to extraordinary sporting experiences, August in London offers a vibrant mix of experiences that capture the essence of summer in the city; be sure not to miss [...]
Ahead of the Game: Six Nations facing compensation fight over £800m deal snub July 31, 2024 In his first weekly sports news column, Matt Hughes reports on the row between the Six Nations and southern hemisphere chiefs over the Nations Championship, the value of Team GB’s new deal with Adidas, Everton’s tensions with the Premier League, and England cricket chiefs’s latest hire. The Six Nations are facing potential demands for tens [...]
FTSE 100: London inches towards all-time high as markets anticipate rate call July 29, 2024 FTSE 100 stocks started the week with a surge, rising one per cent in the three hours after the opening bell, as the market holds its breath on whether the Bank of England will cut interest rates later this week. After the record performance of the FTSE 100 in May, where the index hit an [...]
Qatar Airways to sponsor British and Irish Lions Tour to Australia July 25, 2024 Major long haul group Qatar Airways will be the title partner to the British and Irish Lions series against Australia in 2025. The partnership marks the next step in sponsorship for the famous rugby touring group, who have one of the most valuable pound-per-minute played commercial platforms in world sport. They follow City firm Howden [...]
The Notebook: Falling fares spell trouble for airlines while Big Tech set for monster quarter July 24, 2024 Where the City’s movers and shakers get a few things off their chest. Today, it’s Victoria Scholar, head of investment at Interactive Investor, with the pen, talking airline stocks, Big Tech earnings season and her summer listening picks Turbulence at Ryanair, BA and Easyjet Airline stocks are having a turbulent time. Just on Monday, shares [...]
Fasten Your Seatbelts: UK government intervenes in British Airways appeal in cabin crew case July 24, 2024 The UK Government intervenes as British Airways faces legal action over 'fire and rehire' practices during the covid pandemic
Is the post Covid boom over? A reality check for Ryanair, Easyjet, Wizz Air and Jet2 July 23, 2024 Monday saw shares in Easyjet, Wizz Air, Jet2 and British Airways owner the IAG plunge dramatically after an unexpectedly poor set of results from Ryanair.
Shares in Ryanair rivals Easyjet, Wizz and Jet2 slump after Michael O’Leary’s warning July 22, 2024 "Fares are now moving materially lower than the prior year and pricing… continues to deteriorate," Ryanair's boss Michael O'Leary said in a presentation announcing its latest results.
Heathrow faces larger cut in landing fees, regulator says July 11, 2024 The UK aviation regulator has proposed forcing London Heathrow Airport to further reduce the landing fees it can charge airlines over the next two years, following a long-running dispute over prices at Britain's biggest airport.