Ryanair share price up after approving IAG’s offer for Aer Lingus stake July 10, 2015 Ryanair’s board has voted unanimously to sell its 29.8 per cent stake in Aer Lingus to International Airlines Group (IAG), the parent company of British Airways. Despite attempts by the low-fare airline to keep hold of its stake in its Irish rival, it was ordered to sell it by competition regulators in 2012. After months of [...]
EasyJet strike 2015: Cabin crew ballot for action could cause summer travel chaos for holidaymakers and a new headache for budget airline July 7, 2015 Strike action by EasyJet staff could disrupt thousands of holidaymakers preparing to jet off for the summer holidays, causing a further headache for the low-cost airline. British cabin crew staff are planning to walk out over pay after talks between unions and the airline broke down following months of negotiations. EasyJet has said it is confident [...]
Shunning tech could damage your business July 5, 2015 A FAILURE to embrace technology is stunting the growth of SMEs and contributing to their failure, according to Chris Rothwell, partner development group manager for Microsoft, speaking at Santander’s Breakthrough Box last week. “Even if your business doesn’t use tech, your customers do. The vast majority of reviews are posted online and those sites are [...]
British Airways flight BA479 lands safely after circling Heathrow for over an hour with landing gear problem July 2, 2015 A British Airways plane is circling Heathrow at 5,000ft sue to a landing gear problem. Read more: Standard and Poor's upgrades British Airways's outlook Flight BA479 was meant to land at 1.05pm but made loops around the capital before safely landing on runway 27R at around 2.30pm. The flight travelling from Barcelona landed at a [...]
FTSE lifted by airlines after runway verdict – London Report July 1, 2015 BRITAIN’S top equity index bounced back from five-and-a-half month lows yesterday, lifted by airline stocks that were boosted by lower oil prices and a recommendation for a new runway at London’s Heathrow airport. The blue-chip FTSE 100 index was up by 80.88 points, or 1.2 per cent, at 6,608.59 points by the close. It was [...]
Airports Commission report: Five things you can get for the same price as Sir Howard Davies’ report cost July 1, 2015 The long-awaited, much-delayed Airports Commission report is finally here. It's been a three-year slog, it's cost millions – and, well, it hasn't resolved very much at all yet. Sir Howard Davies and his team settled on Heathrow as the frontrunner, but that doesn't mean a new runway is going to happen. The final cost of [...]
Tui and Thomas Cook share prices tumble after Tunisia beach attack June 29, 2015 Shares in London-listed holiday firms have taken a tumble after the terrorist attacks in Tunisia on Friday which left more than 30 dead, many of them British tourists. Shares in the package holiday company Thomas Cook fell as much as seven per cent to 133.026 pence per share in early trading, recovering slightly to 139.93 [...]
Wimbledon warm-up at Lou Casteou: Learn to play tennis like a pro at a French luxury retreat June 28, 2015 Retreats are normally for things like meditation and yoga, where tranquil settings are required for creating internal harmony. So a new five-day residential tennis course, set in a historic chateau in the hills of the Cote d’Azur, was an intriguing concept. Tennis is such a psychological sport: the chance to focus on my game – [...]
Standard and Poor’s upgrades British Airways’s outlook despite uncertainty over parent company IAG’s bid for Aer Lingus June 23, 2015 Standard and Poors (S&P) has upgraded British Airways’s (BA) outlook to positive from stable. The ratings agency changed BA’s rating to BB after assessing the company’s finances. S&P said: profitability was materially above our expectations in 2014 and we expect it to remain strong for 2015-2016. It did emphasise, however, that BA’s rating was constrained [...]
New strategy in play for eDreams Odigeo June 22, 2015 THE BOSS of eDreams Odigeo laid out a new six-point growth strategy for the Spanish travel company as it seeks to draw a line under last year’s ticketing woes that caused shares to tank on its market debut. eDreams, which is the world’s largest online travel company, made its debut on the Madrid stock market [...]