Pilots give British Airways the green light on restarting of Gatwick operations October 7, 2021 The British Airlines Pilots Association (Balpa), which represents more than 16,000 UK pilots, has signed off a new agreement with British Airways (BA), after union members agreed to back up the establishment of a British Airways’ subsidiary operating from Gatwick airport. “Balpa and British Airways have concluded an important new agreement covering revised pay and [...]
CMA closes investigation into Ryanair and British Airways October 7, 2021 The UK’s competition watchdog has closed an investigation into the legality of airlines failing to refund passengers who were prevented from flying by Covid restrictions. The Competition and Markets Authority (CMA) launched an investigation in June 2021 after British Airways offered customers vouchers or rebooking and Ryanair provided the option to rebook flights which could [...]
Exclusive: UK sets out quarantine restrictions for private jet Cop-26 arrivals October 6, 2021 It may be the least carbon-friendly way of travelling to the UK, but Cop-26 climate conference organisers are preparing for private jet visitors. A guide to ‘managed quarantine’ published this week for arrivals coming from so-called red list countries lists Biggin Hill and Farnborough Airport as potential arrival ports – both of which exclusively cater [...]
British Airways to bring back ‘Superjumbo’ Airbus A380 on short-haul flights October 5, 2021 British Airways is rumoured to bring back the 600-seater Airbus A380, after grounding it more than 18 months ago. Travel magazine Head for Points reported that the airline is planning on restarting operations for five of its 12 Airbus A380 aircraft from next month onward. The plan reportedly involves scheduling the plane – also known [...]
British Airways looks to U-turn decision to ditch Gatwick short-haul flights October 4, 2021 British Airways (BA) is reportedly looking to U-turn on its decision to ditch short-haul flights from London’s Gatwick airport. Bosses at trade union Balpa reopened talks last week and are planning on taking a new pay deal to pilots, the Telegraph reported. After a gruelling 18-months for the travel industry, the airline ditched short-haul flights [...]
Bailey’s hawkish tilt drags FTSE 100 down September 28, 2021 London’s FTSE 100 dipped during the moring session today driven by investors sentiment souring on governor of the Bank of England Andrew Bailey signalling rate hikes will come sooner than expected. The capital’s premier index lost 0.40 per cent to fall to 7,035.23 points during the first hour of exchanges. In a speech last night, [...]
British Airways ditches Gatwick after union scuppers plans for cut-price subsidiary September 23, 2021 British Airways has canned plans to launch a budget subsidiary based out of Gatwick airport and will instead pull out of the airport permanently. BA pulled operations out of Gatwick at the beginning of the Covid pandemic and had planned to relaunch there, but with a budget unit. However, the launch a short-haul subsidiary at [...]
Easing Evergrande fears lift FTSE 100 as investors brace for Fed rate decision September 21, 2021 The FTSE 100 rallied today to cancel out sharp losses registered yesterday, driven by easing fears over the fallout if heavily indebted Chinese property Evergrande collapses. The capital’s premier index finished up 1.12 per cent at 6,980.98 points, up from this week’s starting position of 6,963.64 points. Global markets sold off sharply on Monday, triggered [...]
Aviation bosses warn UK sector is falling behind European competitors due to hotel quarantine rules September 21, 2021 Aviation bosses have today warned that the UK’s airlines and airports are falling behind European competitors due to stricter government travel rules. Heathrow Airport chief executive John Holland-Kaye told MPs that “the UK aviation sector will go from one of the strongest in the world to one of the weakest in the world” post-Covid due [...]
Government’s trade export finance numbers were fudged, says panel of MPs September 20, 2021 MPs on the Commons’ international trade committee have accused the government’s export credit agency of exaggerating the number of UK businesses it supported in the last year. UK Export Finance (UKEF) directly helped a “significantly lower” number of companies than its “headline figure of 549 business supported” in the 2020-21 financial year, the committee found. [...]