Tui share price soars as rival Thomas Cook bites the dust September 23, 2019 Tui’s share price bumped up almost 10 per cent today after Thomas Cook fell into liquidation. Travel operator Tui saw shares rise just shy of 10 per cent before trimming gains to stand 7.7 per cent up at 903p in early trading as its rival collapsed under the weight of a £1.7bn debt mountain. Read [...]
Ryanair threatening to remove pilot perks over strikes, union claims September 19, 2019 Striking Ryanair pilots have accused the airline of threatening to remove their perks if they take part in this month’s planned walkout. Ryanair pilots who are members of the British Airline Pilots’ Association (Balpa) began their strike action yesterday, which is due to continue on 21, 23, 25, 27, and 29 September. Read more: Ryanair suffers [...]
Ryanair expects to see Boeing 737 Max crash jet back in UK skies by March next year September 19, 2019 Ryanair expects the grounded Boeing 737 Max jet will be back in Britain’s skies by the beginning of March 2020, despite misgivings about such a timetable in Europe. At the budget flyer’s annual shareholder meeting, chief executive Michael O’Leary has told shareholders he expects the jet, which was grounded in March this year after the [...]
Ryanair suffers shareholder revolt over pay report September 19, 2019 Ryanair is in the grip of an investor revolt after half of shareholders voted against a bonus scheme for boss Michael O’Leary that could see him earn £88.56m over five years. Just over 50 per cent of the airline’s shareholders voted for Ryanair’s remuneration report, in which Ryanair was seeking approval for a new long-term [...]
Energy giants’ stocks rise after oil prices soar on Saudi attack September 16, 2019 A major terrorist attack which wiped out half of Saudi oil production and sent oil prices soaring by record amounts has pushed up London’s energy companies this morning. BP and Shell led the FTSE 100 risers in early trading after an attack by Yemen’s Houthis knocked out half of Saudi Arabia’s supply, of 5 per [...]
City Moves for 12 September – Who’s switching jobs at Stobart Aviation, the Hymans Robertson Foundation and RBC Capital Markets? September 12, 2019 Today’s City Moves includes Stobart Aviation, the Hymans Robertson Foundation and RBC Capital Markets. Stobart Aviation Former BA Cityflyer general manager Luke Hayhoe has joined Stobart Aviation as aviation business development director as it works to boost relationships with its customer airlines at London Southend airport, Carlisle Lake District airport and Teesside International Airport. Luke, [...]
Cruz control has not been smooth sailing for British Airways September 10, 2019 To fly. To serve. It may be the tagline of one of the UK’s best known brands, but passengers of British Airways can be forgiven for grimacing at what has been dished out to them recently. In the past two years, BA customers have endured data leaks affecting more than 550,000, an IT meltdown which [...]
Ryanair pilots to strike for another seven days in September September 4, 2019 Ryanair pilots have announced a further seven days of strike days in the ongoing running spat with the airline over pay and working conditions. Ryanair pilots who are members of the British Airline Pilots’ Association (Balpa) will strike on 18, 19, 21, 23, 25, 27 and 29 September. Read more: Ryanair flights continue as normal [...]
Ryanair and Wizz Air enjoy passenger jump in August September 3, 2019 Ryanair and Wizz Air both enjoyed an uptick in passenger numbers in August, with the latter enjoying a record-breaking month. Ryanair passenger traffic grew to 14.9m last month, up eight per cent on the previous year. In June it carried 14.8m customers. Read more: Ryanair flights continue as normal as pilots kick off three-day strike [...]
Ryanair flights continue as normal as pilots kick off three-day strike September 2, 2019 Ryanair pilots have begun their three-day strike today, but the airline said it is still operating a normal schedule. Ryanair said it did not expected any strike-related disruption to its flights today, although it has suffered knock-on effects from air traffic control problems that began in France yesterday. Read more: Ryanair loses court bid to [...]