Global aviation to lose $30bn as a result of coronavirus outbreak February 20, 2020 Global aviation body the International Air Transport Association (IATA) has today said that the coronavirus outbreak will cost the world’s airlines a combined $29.3bn in revenue, a reduction of five per cent on December’s estimates. The vast majority of the cost – $27.8bn – will be borne by carriers based in the Asia-Pacific, with Chinese [...]
Ryanair doubles passenger carbon offset scheme in green push February 19, 2020 Ryanair today announced that passengers would be able to double their voluntary carbon offset contribution from €1 to €2 from April onwards. The increase, which the airline admitted was “modest”, is part of the low-budget carrier’s ongoing sustainability campaign. Three per cent of Ryanair’s passengers currently participate in the voluntary scheme, the funds from which [...]
Government ‘considers taking stake’ in struggling airline Flybe February 11, 2020 The government is said to be mulling taking a stake in struggling airline Flybe, despite concerns about state aid rules and a fierce backlash from the budget firm’s rivals. Ministers are in talks with Flybe and the European Commission to ensure any rescue deal did not contravene rules about government intervention, the BBC reported. While [...]
Energy emissions stall in 2019 despite economic growth February 11, 2020 Global emissions related to energy production stopped growing in 2019, raising hopes that a “definitive peak” in total greenhouse gas emissions may have been reached. According to the International Energy Agency (IEA), emissions plateaued at 33 gigatonnes last year, having risen for the previous two years. The data is particularly striking as decline came even [...]
The value of trust in an age of fake news February 10, 2020 Ipsos MORI may be best known for its political polls during the run up to a General Election, but that is only a tiny part of its business. Far more of its time and resources are devoted to conducting market research for a wide range of major organisations. It is an industry where trust is [...]
London Southend Airport named UK’s fastest growing airport in 2019 February 7, 2020 London Southend Airport has been named as the UK’s fastest-growing commercial airport for 2019, according to new data from the Civil Aviation Authority (CAA). The aviation watchdog’s data has revealed that the number of passengers choosing to use the airport grew by 37.5 per cent last year. London Southend’s Airport saw a new record high [...]
Boeing shares leap on reports the 737 Max could fly again within weeks February 6, 2020 Boeing shares surged more than three percent this afternoon on reports the troubled 737 Max passenger aircraft could fly again within weeks. US Federal Aviation Administrator Steve Dickson said on Thursday international air safety regulators were likely to agree on the design fixes needed to return the Boeing 737 Max aircraft to service. “On the [...]
Sajid Javid’s growth plan unlikely to succeed, says think tank February 6, 2020 Sajid Javid’s plan to double the UK’s economic growth rate has little chance of success, according to a major think tank, as Britain pays the price for weak productivity. Javid has said he wants to boost UK economic growth to around 2.75 per cent by “levelling up” spending across the country. Yet the National Institute [...]
Ryanair misled customers with claims on carbon emissions February 5, 2020 The UK’s advertising watchdog has decided that an advert from Ryanair about its carbon emissions was misleading. The Advertising Standards Authority (ASA) ruled that a press, TV and radio advert, all released in September 2019, wrongly claimed that Ryanair is Europe’s low emission airline. It comes after the UK’s aviation industry made a pledge yesterday [...]
Fresh 737 Max delays hurt Ryanair’s passenger growth target February 3, 2020 Ryanair today warned Boeing 737 Max delivery delays will hurt growth plans as it swung back into profit in its third quarter. Ryanair was expecting its first delivery of the airplane to arrive in spring 2019. But it admitted that will now not happen until September or October 2020. The fresh Boeing 737 Max delivery [...]