Wizz Air, Easyjet and IAG: Short sellers circle London-listed airlines October 14, 2024 Five short sellers have taken out positions against the three major airlines that hold listings on London's FTSE 100 and FTSE 250 indexes.
‘Dangerous and destructive’ Hurricane Milton makes landfall in Florida October 10, 2024 Hurricane Milton has made landfall as a Category Three storm, with the Met Office warning it will be “dangerous and destructive” as thousands of UK holidaymakers had their flights to Florida cancelled. Milton made landfall near Siesta Key, Florida, at about 8.30pm local time. The US National Hurricane Centre reports the hurricane had maximum sustained [...]
London City Airport back in the black after losing almost £100m October 7, 2024 London City Airport returned to the black for the first time since the Covid-19 pandemic as passenger numbers continued to recover. The hub has reported a pre-tax profit of £6.6m for 2023, according to newly-filed accounts with Companies House, having made a loss of £1.1m in the prior 12 months. London City Airport had last [...]
BA Cityflyer: London City Airport carrier hails ‘laser focus’ as profit takes off October 4, 2024 BA Cityflyer, the main airline operating from London City Airport, has said a “laser focus” on improving its service led to increased punctuality and profit for 2023. The business, which is wholly owned by British Airways, has reported a pre-tax profit of £11.1m for the year, up from £4.3m in 2022. The figure comes after [...]
Wizz Air to tap Middle East demand with long range Airbus jets September 10, 2024 The Hungarian airline is the first ultra low-cost carrier to operate the Airbus A321XLR, which has a range of 4,700 nautical miles.
Government must sack air traffic control boss after ‘long line of cock ups,’ Ryanair’s Michael O’Leary says September 9, 2024 Thousands of passengers have had their flights cancelled at Heathrow and Gatwick Airport due to air traffic control staff shortages.
Why the new Labour government should invest in trains, not planes September 2, 2024 The aviation industry's contribution to the economy has long been its most relied upon defence. But is it really that clear-cut?
Lammy urges ‘restraint’ after Israel-Hezbollah conflict escalates August 25, 2024 Foreign secretary David Lammy has urged Israel to show “restraint” after an exchange of fire with Lebanese militants Hezbollah on Sunday morning. The Israeli military carried out a series of air strikes in southern Lebanon early on Sunday, saying it had intelligence Hezbollah was planning to carry out an attack of its own. The Iran-backed [...]
British Airways and Wizz Air suspend flights to Israel amid escalation August 25, 2024 British Airways and Wizz Air flights between the UK and Israel have been cancelled following an escalation of hostilities in the Middle East overnight. British Airways has halted its flights between Heathrow and Tel Aviv in both directions between Sunday and Wednesday, the airline said. Wizz Air also said it is “temporarily suspending” flights to [...]
Storm Lilian: British Airways cancels flights as Leeds Festival shuts two stages August 23, 2024 The impending chaos from Storm Lilian is already causing massive disruption across the UK as millions of Brits look to get away for the Bank Holiday Weekend. Weather warnings have been issued on Friday as the tail-end of the hurricane has brought strong winds exceeding 70mph to northern parts of England and Wales on Friday, [...]