Greece debt crisis: EC president Donald Tusk cancels 28 member EU Summit as European finance ministers resume “difficult” talks July 12, 2015 An emergency summit between the 28 leaders of the European Union has been called off, as talks between European finance ministers resume today in a last-ditch effort to come to an agreement on Greece's bailout proposals. Ministers locked in talks until midnight on Saturday failed to come to a consensus on Greece's proposals for new [...]
Keep Greece flying: Ryanair offers Greek flights for €5 July 10, 2015 Never one to let a bandwagon trundle past un-jumped on, Ryanair has slashed prices by 30 per cent for routes to and from Greece, as part of a campaign to "Keep Greece Flying". Read more: Ryanair shares up as it approves IAG's Aer Lingus offer The airline said prices on its Athens routes to and from [...]
Ryanair share price up after approving IAG’s offer for Aer Lingus stake July 10, 2015 Ryanair’s board has voted unanimously to sell its 29.8 per cent stake in Aer Lingus to International Airlines Group (IAG), the parent company of British Airways. Despite attempts by the low-fare airline to keep hold of its stake in its Irish rival, it was ordered to sell it by competition regulators in 2012. After months of [...]
European markets rise sharply on Greece hopes July 9, 2015 Stocks in Europe rebounded today as a glimmer of hope emerged that Greece may reach a deal with its creditors. Read more: Ryanair boss calls Greek government "a bunch of lunatics" Portugal's PSI 20 led the rise, jumping 3.7 per cent, while France's Cac climbed 2.4 per cent and the Dax rose two per cent. In [...]
Greek crisis: Ryanair boss Michael O’Leary says Greek government is “a bunch of lunatics” and the nation should “get out and work” to pay off debts July 9, 2015 Outspoken Ryanair boss Michael O'Leary – famous for winding up his own passengers on a regular basis – has turned his own brand of “say it as it is” comments on the Greek crisis, describing the government as “a bunch of lunatics”. O'Leary – whose business operates flights to and from cities such as [...]
Ryanair’s June traffic takes off on the back of bigger summer schedule July 2, 2015 Traffic really took off at budget airline Ryanair last month, it turns out: figures published this morning showed passenger numbers grew to 9.5m passengers in June, up 14 per cent from 8.3m passengers the year before. The airline's load factor, how much capacity is actually used, was 93 per cent for the month, up five [...]
Airports Commission: The fight is still on to stop Heathrow third runway, say local action groups July 1, 2015 Heathrow still faces a fight for its third runway to be finalised, despite being recommended by Sir Howard Davies’ independent airports commission yesterday. Speaking in the House of Commons today, transport secretary Patrick McLoughlin accepted that the issues are “not easy to resolve”, and local residents showed no sign of dropping their fight after [...]
From Tesco and the Northern Powerhouse to self-control and politeness: Here’s what got us talking this week June 26, 2015 There was a shocking attack in France. In Brussels, deadlines came and went and came (again). And somewhere in social media land, Taylor Swift became the Queen of everything, including Apple. Here's what got us talking this week 1) When it comes to happiness, south London is best Yup, if you're among the [...]
Tesco AGM: Lewis grilled over pay, performance and strategy but all resolutions passed June 26, 2015 Tesco bosses faced a grilling by shareholders today, fending off complaints about customer service, overall strategy and – of course – pay. But by the end of the AGM it was clear the supermarket's shareholders weren't revolting – at least not as much as some thought they might be. All of Tesco's resolutions, at least [...]
Man detained over Ryanair bomb hoax after authorities shut down Modlin airport June 25, 2015 A man has been detained over allegations he was responsible for a bomb hoax that caused chaos this morning. Flight FR7023 was due to take off from Modlin airport, near Warsaw when a call was made claiming there was an explosive device on board. The plane had been bound for Oslo. An emergency [...]