Tory plans for elected mayors to open franchise door for Rotala August 11, 2015 Bus operator Rotala yesterday said a fresh government initiative to refranchise provincial bus services would open the door for further growth at the group. The company, which reported a six per cent fall in revenues, said Tory government plans to give directly elected mayors power over local transport will put a wave of new bus [...]
Gatwick named worst offender for flight delays of moe than three hours August 9, 2015 Delayed airline passengers could be missing out on millions of pounds in compensation, according to an investigation from watchdog Which?. Read more: Decline in Brits abroad as holiday makers opt to stay home this summer From June 2014 to May 2015 more than 9,000 flights in the UK were delayed for three hours or more with [...]
British Airways is shrinking its hand luggage allowance to reduce risk of delays July 30, 2015 British Airways is reducing the amount of hand luggage each passenger can take on board with them, to limit the chance that the overall cabin allowance is exceeded. Read more: Carry-on luggage on airlines including Lufthansa and Emirates is about to get even smaller In an email sent to customers, it said that the [...]
British Airways flight BA274 from Las Vegas to London diverted to Montreal after reports of a bomb threat July 29, 2015 British Airways flight BA274 from Las Vegas, America to London, UK has landed in Montreal, Canada, after reports of a bomb threat. The plane was carrying over 300 people and police are now on site: Police cars lined up on the tarmac beside #BA274. Photo courtesy of @illmaticp pic.twitter.com/mWO3RPokBM — Kelly Greig (@KellyGreig) July 29, [...]
Moscow Mule trend lifts profits at UK drinks maker Fever-Tree July 27, 2015 Upmarket carbonated drinks producer Fever-Tree is toasting a fizzing set of financial results that have seen revenues climb 62 per cent since the firm floated in November. The firm, which produces soda mixers for alcoholic drinks, said yesterday that its revenue in the first six months of the year climbed to £24.1m, up 62 per [...]
Bosses who put on a brave face: Martin Wheatley grimaces through FCA annual meeting July 22, 2015 “The AGM is my favourite time of year” – said no one ever, least of all outgoing Financial Conduct Authority (FCA) chief Martin Wheatley yesterday, who had to sit through the FCA’s annual meeting with a face like a smacked bottom. Wheatley, who has been booted out of the job by George Osborne, now joins [...]
British Airways owner International Airlines Group’s takeover of Aer Lingus given clearance for takeoff July 17, 2015 British Airways owner International Airlines Group (IAG) said today it's been given the go-ahead to buy budget Irish airline Aer Lingus, after the company received acceptances from more than half of shareholders. The news brings IAG, which also owns Iberia and Vueling, a step closer to completing its €1.36bn (£951m) deal to take over [...]
IAG takeover of Aer Lingus given the green light by European Commission July 14, 2015 International Consolidated Airlines Group's (IAG) takeover of Aer Lingus has been given the final go-ahead by European competition regulators. Read more: Ryanair share price up after approving IAG’s offer for Aer Lingus stake The European Commission has cleared the €1.36bn (£960m) takeover following "commitments offered by the parties". British Airways owner IAG agreed to relinquish five daily slot [...]
Fever-tree takes off with British Airways July 13, 2015 DRINKS company Fever-Tree is taking to the skies after striking a deal with British Airways to supply the airline with its new can range. Its Indian and Naturally Light Tonic will be available in British Airways First and Club World cabins on long haul flights as well as certain UK lounges.
Banks pull FTSE up after rising on news of Greek agreement – London Report July 13, 2015 AGREEMENT between the Eurozone leaders on a third bailout for Greece helped to push banks up yesterday, dragging the FTSE to a two-week high. Shawbrook and HSBC rose the most among banks, gaining 4.6 and 2.1 per cent respectively. News of a deal was met with a mixture of relief and anger in Greece, after [...]