Airlines say more go away in May June 4, 2014 Ryanair and IAG, British Airways’ parent firm, have both posted rising traffic for May as the airlines head into the peak summer months. IAG said group traffic rose 7.3 per cent compared to last year, helped by big growth at Vueling, its recently-acquired budget carrier. Meanwhile low-cost carrier Ryanair said it carried 8.2m passengers last [...]
The GPS luggage tags that could change how you travel June 3, 2014 Flights are notorious when it comes to keeping luggage safe, particularly for those who travel by plane regularly. With passengers understandably going to great lengths to distinguish their belongings – from gaudy stickers, oversized labels and, in some cases, spray paint – a technological step forward seems sensible. That’s the thinking of several leading airlines, [...]
London Report: FTSE pauses for breath as stocks fall from highs May 15, 2014 THE UK’S top shares dropped yesterday, led down by airlines, as investors bet on a period of consolidation for the FTSE 100 after it reached a 14-year high earlier in the day. Profit-taking continued for shares of British Airways owner IAG, and EasyJet. Both airlines have jumped around 40 per cent in the last 12 [...]
What the other papers say this morning – 13 May 2014 May 12, 2014 FINANCIAL TIMES Allergan: Valeant bid would hit R&D Allergan has launched a robust defence against a near-$50bn bid by rival drugmaker Valeant and activist investor Bill Ackman, warning that a takeover would crush research and severely impair its ability to sell its products, including Botox. Allergan also said it had doubts about the viability of [...]
On the runway to SUCCESS April 27, 2014 Annabel Palmer talks to Cristobal Lowery, founder of GigaFare, which aims to bring algorithmic trading to the airline industry ARE ENTREPRENEURS born or made? In the age-old debate, Cristobal Lowery – the chirpy 20-something who founded his first company straight out of university – makes a compelling case for the former. In 2010, he created [...]
Flybe is hoping to tempt in business travellers with new London City Airport routes April 23, 2014 FLYBE is returning to London with domestic routes aimed at business travellers, which it hopes will tempt time-poor passengers away from road and rail. The regional airline is launching five UK services from London City Airport in October, just over a year after it left Gatwick during its restructuring. Flights from the east London airport [...]
BA boss slams government for stopping airport growth April 11, 2014 Next year, Dubai International Airport will have overtaken Heathrow as the world’s busiest international airport, according to the chief executive of British Airways and Iberia. Willie Walsh, boss of International Airlines Group, has told the World Travel & Tourism Council summit in Abu Dhabi that the UK doesn’t “have politicians who are brave enough to [...]
Surprise departure for the boss of Heathrow Airport April 1, 2014 HEATHROW’S chief executive has announced his departure, after six years of steering the airport through expansion, rows with airlines and regulatory overhauls. Colin Matthews surprised the industry by revealing that he will step down after the new Terminal Two building opens this summer. No successor has been named. The airport has already employed headhunters to [...]
Competitive edge March 30, 2014 Annabel Palmer talks tech with Vizeum’s managing director Richard Morris VIZEUM is one of eight companies in the Dentsu Aegis network. While iProspect does digital performance media and Posterscope Out of Home media, Vizeum provides integrated media planning services. When Richard Morris, then at sister company Carat, was offered the role of managing director, he [...]
EasyJet agrees growth deal with Gatwick March 28, 2014 EASYJET has agreed to launch more flights at Gatwick as part of a deal on fees, forcing a reshuffle for other airlines at the airport. The budget carrier has signed a seven-year settlement that “incentivises the airline to grow at the airport”. The agreement means EasyJet will move its flights into the north terminal, in [...]