Travel industry protest: Airline and tourism workers’ plea to ‘save summer holidays’ June 23, 2021 Travel industry protest: Airline and tourism workers' plea to 'save summer holidays'
UK business given £12.3bn export support from government June 23, 2021 The government’s export credit agency has announced it gave a “record level” of financial support to UK exporters in the last year. UK Export Finance (UKEF) provided £12.3bn of support to UK exporters in the last financial year, almost three times the amount given in 2019-20, according to its annual results published today. The agency, [...]
Tui joins BA and Virgin Atlantic in Ryanair’s legal battle against travel traffic light system June 22, 2021 Tui joins BA and Virgin Atlantic in Ryanair's legal battle against travel traffic light system
British Airways ‘mulls pulling out of Gatwick’ June 21, 2021 British Airways has reportedly launched a review into closing it operation at Gatwick Airport as a result of the coronavirus pandemic. The flag carrier, a subsidiary of FTSE 100 firm IAG, is looking into whether to consolidate its operation at Heathrow, the Telegraph reported. Such a move would be yet another blow to the UK’s [...]
Ryanair sues Government over traffic light rules as ministers mull exemptions for vaccinated Brits June 17, 2021 Ryanair to sue Government over traffic light rules as ministers mull exemptions for vaccinated Brits
US stocks fall as Fed’s taper talk drags down tech shares June 17, 2021 Tech stocks dragged Wall Street lower today after the Fed hinted at tapering its stimulus sooner than expected, piling pressure on a sector that is vulnerable to higher interest rates. The tech-heavy Nasdaq fell by 0.25 per cent at the open, while the Dow Jones Industrial Average was down 0.1 per cent. Meanwhile, the S&P [...]
Airlines add extra seats to rare green list destinations Gibraltar, Iceland and Israel June 15, 2021 Airlines add extra seats to rare green list travel destinations Gibraltar, Iceland and Israel
Wall Street muted at open while FTSE 100 cuts morning gains June 14, 2021 Wall Street’s main indexes were muted today as focus shifted to this week’s Fed meeting where the central bank is expected to maintain its accommodative stance on monetary policy. The Dow Jones Industrial Average was down 0.3 per cent, while the S&P 500 fell 0.1 per cent at the open, remaining near an all-time time. [...]
British Airways ‘could be spun out’ from owner IAG, says former airlines boss June 14, 2021 British Airways 'could be spun out' from owner IAG, says former airlines boss Willie Walsh
Stobart Air owner pulled plug after takeover deal collapse June 14, 2021 The company behind Stobart Air, which operates Aer Lingus services, has said it decided to pull the plug on the struggling airline after a potential takeover deal fell through. London-listed Esken, formerly known as Stobart Group, said it became clear that suitor Ettyl had lost its funding and would be unable to conclude a deal. [...]