No more green lists and amber lists? Traffic light system set to go by October September 9, 2021 The traffic light system for travel during the Covid era – detested by the industry as complex and unecessary – looks set to be replaced, with an announcement due by the end of the month. The UK government is due to assess the necessity of the system, which delegates destinations as green list, amber list [...]
BA in ‘advanced’ talks over new Gatwick carrier September 7, 2021 The chief executive of British Airways has said that the airline is in “advanced” talks with its unions over the launch of a new low-cost carrier at Gatwick Airport. Speaking at an event at Heathrow, Sean Doyle said that BA wanted to set up a unit with a “competitive cost platform”. However, he warned that [...]
BA pilots at Gatwick to be paid less than Easyjet’s September 6, 2021 British Airways pilots working for the carrier’s newly-announced subsidiary at Gatwick will reportedly be paid less than pilots at low-cost rival Easyjet. The Telegraph reported that junior captains will be paid between £97,000 and £114,000, while Easyjet captains earn from £108,000 to £148,000. The new pay structure is part of plans by the carrier to [...]
Taking off: New routes on way for City Airport as passenger numbers rebound September 6, 2021 Both British Airways and Deutsche Lufthansa have reportedly restored their flights to key financial hubs from London City Airport, as bosses eye the return of business travel. Zurich, Frankfurt and Rotterdam flights will start taking off again this month, Bloomberg reported, according to the airports chief operating officer Alison FitzGerald. “We’re seeing some early signs of [...]
Weak US jobs growth tempers Wall Street September 3, 2021 A weaker-than-expected US jobs report for August weighed heavily on Wall Street’s main benchmarks today. The S&P 500 slipped 0.09 per cent to 4,532.82 points, after closing at a record high yesterday. The Dow Jones lost 0.11 per cent to hit 4,531.09 points. The tech-heavy Nasdaq provided some relief on Wall Street, rising 0.12 per [...]
Sliding tech stocks weigh on Wall Street August 31, 2021 US stocks slipped today as poor performances among technology heavyweights weighed heavily on Wall Street’s main benchmarks. The tech-heavy Nasdaq slipped 0.10 per cent to 15,250.36 points, led down by losses among Apple, Microsoft and Amazon. The blue-chip S&P 500 and the Dow Jones both inched up, rising 0.02 per cent and 0.08 per cent [...]
Ryanair to create 500 new London jobs in winter expansion August 31, 2021 Ryanair will create more than 500 new jobs across its London airports this winter as the budget airline looks to take advantage of the recovery from the Covid-19 pandemic. The carrier will launch a combined 14 new routes over the season from Stansted, Luton, and Gatwick to a number of European destinations. Chief executive Michael [...]
British Airways mulling new short-haul carrier at Gatwick August 27, 2021 British Airways is mulling the creation of a new short-haul subsidiary operating out of Gatwick, the airline confirmed today. The IAG-owned carrier was forced to move its short-haul services from the Crawley airport to London Heathrow when the pandemic struck last year. It was one of a number of airlines to close or suspend its [...]
End of Len McCluskey era: Unite union to get first woman leader today August 25, 2021 The giant Unite union is set to have its first female general secretary after a ballot to decide the successor to Len McCluskey. Voting papers will be formally counted today, but Sharon Graham, an assistant general secretary of the union, is expected to win. It is believed she has achieved a few thousand more votes [...]
US markets shake off Delta variant jitters as investors seek to end volatile week on a high August 20, 2021 Wall Street shook off concerns that the rapidly spreading Delta variant of Covid could halt the global economic recovery from the crisis to end the week on a high. The blue-chip S&P 500 jumped 0.69 per cent to 4,436.26 points during early trading, while the Dow Jones added 0.5 per cent to 35,06776 points. The [...]