WHAT THE OTHER PAPERS SAY THIS MORNING November 3, 2011 FINANCIAL TIMES NEWS CORP LOSES HEAD OF HUMAN RESOURCES Beryl Cook is stepping down as head of human resources at News Corp, robbing James Murdoch of an ally in head office and becoming the latest figure to leave his father’s top team without being replaced in the office of the chairman. Ms Cook has worked [...]
Ryanair lays out ambitious growth plans October 23, 2011 RYANAIR is preparing for take off with ambitious growth plans, including almost doubling its passenger numbers over the next decade. Colourful chief executive Michael O’Leary says he is ready to buy up to 300 new aircraft in a bid to fly as many as 130m passengers a year, up from the current 70m, according to [...]
To keep the economy flying we need more air capacity: Heathwick is our best hope October 13, 2011 AS AN island nation, the ability to move people and goods effectively and quickly to and from our shores is of vital importance to British business”. So says David Frost, former director-general of the British Chamber of Commerce, and he couldn’t be more right. A culture that throws so many obstacles in the way of [...]
Ryanair keeps pressure on Aer Lingus for payout October 12, 2011 RYANAIR ramped up pressure on Aer Lingus yesterday, calling in an open letter for the airline to take “urgent action” to improve its share price. Undeterred by Aer Lingus’ plan for a shareholder meeting announced yesterday, Ryanair penned its third open letter in the space of a month to ask for a €0.20 per share [...]
Flybe plunges after it warns on its profits October 5, 2011 REGIONAL airline group Flybe yesterday saw its shares plummet by 36 per cent after it slashed guidance for its 2012 profits, due to a slowdown in demand on domestic flights. In its second profit warning this year, Flybe said revenues in the six months to October were one per cent behind management’s expectations while costs [...]
Europe’s airlines hit by turbulence in US October 4, 2011 EUROPEAN airline shares followed US counterparts in a downward spiral yesterday as investors’ confidence in the sector ebbed away. International passenger numbers across airlines dropped in August, a month that traditionally provides a boost with summer holidays in full swing. Air France-KLM was down more than nine per cent as the sector took a hammering [...]
CITY MOVES | WHO’S SWITCHING JOBS October 2, 2011 Baker & McKenzie Gavin Bushell, formerly of Freshfields Bruckhaus Deringer, has been appointed as a partner in the law firm’s European & Competition Law Practice, based in Brussels. Bushell specialises in EU competition and state aid law, Euratom Treaty law, aviation law and regulation, and litigation before the European Courts in Luxembourg. He was recently [...]
WORLD CUP RUGBY STAR REVEALS AN UNEXPECTED WEAKNESS September 29, 2011 THERE HAS only been one occasion when Jason Leonard, the most-capped England rugby player of all time, has been intimidated on the pitch. That moment came when Leonard met Norman Hadley, a six foot nine Canadian rugby union player with a scar down his cheek that “didn’t come from rugby”. For reasons best known to [...]
Ryanair boss steps up attack on Aer Lingus September 29, 2011 MICHAEL O’Leary, the chief executive of low-cost airline Ryanair, yesterday stepped up his attacks on Ireland’s national carrier Aer Lingus. He called for the company to pay a special dividend to give them value for their investments. In an open letter to the airline’s management, Ryanair – which owns 30 per cent of Aer Lingus – ridiculed [...]
Aer Lingus hits back at Ryanair over criticism September 22, 2011 IRELAND’S Aer Lingus has written to its shareholder and rival Ryanair to reject the latter’s complaints that it is “continually ignored” by the Aer Lingus board. In a letter sent to Ryanair and released yesterday, Aer Lingus said Ryanair was a source of concern to other investors and welcomed its recent statement that it would [...]