Week ahead: Oil majors and GDP numbers set to steer markets July 25, 2016 Markets in the UK and Europe seem to be running out of momentum recently but a influx of earning reports this week may go some way to liven things up. The blue-chip FTSE 100 was up 0.5 per cent at 6,730.48 points at its close on Friday, its fifth straight week of gains. The latest [...]
These are the most complained about airlines July 22, 2016 The worst offending airlines and airports of the year have been revealed, and you guessed it, easyJet and Ryanair have topped the charts. The internal data from EUclaim showed the most complained about British airlines, revealing the number of people seeking compensation against Ryanair has more than doubled in the last year. During the period [...]
Low-cost airline Wizz Air takes its UK business elsewhere “as a direct result of Brexit” July 20, 2016 Wizz Air has halved its plans for growth in the UK in the second half of the year after the Brexit vote. The low-cost airline operator said it would be redeploying this capacity for growth to non-UK routes. Its share price shot up four per cent on Wednesday morning as it announced the news and [...]
Brexit: It’s early days, but UK business has been getting on with it July 15, 2016 It is less than three weeks since the British people voted to leave the EU. In that time, much of the media response has been verging on hysterical. The political establishment, City and even bookmakers simply did not see Leave coming. Figures who were top of their game a month ago have fallen on their swords: [...]
Private jet flights from China to Europe soar as sterling falls to Earth July 6, 2016 The number of private jets flying into Europe from China has taken off this year, climbing by 43 per cent on the same period last year. Data from private jet company Magnus Aviation has shown that in June, private jets flying in to Europe from China increased by 41.7 per cent from same month last year. [...]
Ryanair has cancelled over 100 flights due to more French strikes on Tuesday 5 July July 4, 2016 Budget airline Ryanair has called on the European Commission to take action over striking air traffic controllers (ATC) in France, after being forced to cancel more than 100 flights. The company has had to call off 102 flights due to take place tomorrow, and said the cancellations will affect over 18,000 customers – with 100,000 more [...]
Ryanair plans to shift away from the UK after Brexit vote June 28, 2016 Budget airline Ryanair has warned that it may shift its focus away from the UK and onto the EU after the referendum yielded a Brexit victory last week. Just days after the UK voted to leave the EU, Ryanair's chief executive cast doubt on whether the company would place any of its new aircraft into the [...]
Ryanair urges European Commission to stop French strikes as it cancels 166 flights June 27, 2016 Budget airline Ryanair is urging the EU to take action after the latest airline strike orchestrated by French air traffic control unions. It comes as the low cost carrier was forced to cancel 166 flights to, from and over France tomorrow. It said that 30,000 Ryanair customers will have their flights cancelled, while over 100,000 others will [...]
Brexit would leave London “isolated” according to the boss of City Airport June 21, 2016 Brexit would fundamentally undermine Britons' ability to trade and travel, according to the chief executive of London's City Airport. Declan Collier, who also sits as president on the world board of trade body Airports Council International, has warned that a Leave vote this week would sever ties the industry's ties with the continent. Writing for City [...]
The UK needs a global, connected capital city, and Brexit would put all of that at risk June 21, 2016 London is a connected, global city – an attractive place to work, do business, and to set up a headquarters. Central to that appeal are its bonds with Europe. We’ve always been a trading city, and there are historic reminders of that at London City Airport. Located in London’s Royal Docks, the steel tracks that [...]