Calls for Brexit deal to protect UK asset management industry September 13, 2018 Analysts have called for the final Brexit deal to protect the asset management industry as it emerged that the value of investments managed in the UK for European clients increased by 30 per cent last year. A total of £3.2 trillion is managed in the UK for overseas clients, of which £1.8 trillion is assets from European [...]
Ryanair boss Michael O’Leary says UK has received ‘no assurances’ from EU on continued flights after Brexit September 12, 2018 Ryanair's chief executive Michael O'Leary has ramped up his warnings of a no-deal Brexit, saying the UK had received "no assurances" from the EU that flights could continue after Britain leaves the bloc. He said the transport secretary, Chris Grayling, had received "no assurances" from the EU on continued flying, and that the likelihood of [...]
Ryanair boss Michael O’Leary says UK has received ‘no assurances’ from EU on continued flights after Brexit September 12, 2018 Ryanair's chief executive Michael O'Leary has ramped up his warnings of a no-deal Brexit, saying the UK had received "no assurances" from the EU that flights could continue after Britain leaves the bloc. He said the transport secretary, Chris Grayling, had received "no assurances" from the EU on continued flying, and that the likelihood of [...]
Rolls-Royce shares drop after engine shut down forces emergency landing September 12, 2018 Shares in Rolls-Royce dipped by more than four per cent this morning following an engine failure that forced a pilot to carry out an emergency landing on an flight from New York to Madrid. The engine manufacturer said Iberia Airlines flight 6252 landed safely at Boston Logan airport after the pilot had to abandon the trip around 90 minutes after [...]
Ryanair cancels 150 German flights amid pilot dispute over pay and working conditions September 12, 2018 Ryanair has cancelled nearly half of its flights to and from Germany today after the VC pilot union called a surprise strike over pay and working conditions. Ryanair said the strike, called with 24 hours' notice, was "unnecessary" and has had to cancel 150 of its 400 flights to and from the region. All affected [...]
Ryanair bans media from AGM amid pilots dispute September 11, 2018 Ryanair has banned journalists from attending its AGM next week as the budget airline continues to reel from an ongoing dispute with its pilots. Ryanair said no members of the media would be invited or admitted to the meeting on 20 September and that no press briefing would follow. Read more: Ryanair cancelled 550 flights [...]
Heathrow records second busiest month in its history with more than 7.5m passengers in August September 11, 2018 Last month was the second busiest in Heathrow history as the airport welcomed more than 7.5m passengers, many of whom were travelling to and from hotspot destinations in Asia. Passenger numbers were 2.6 per cent higher than the same time last year, thanks to the August bank holiday and passengers returning home from summer holidays. Read [...]
Ryanair cabin crew unions threaten more strikes later this month September 7, 2018 Unions representing Ryanair staff across Europe have threatened to strike later this month unless the airline agrees to change working conditions. Seven unions representing mostly cabin crew in Italy, Belgium, Portugal, Spain and the Netherlands said they would make a decision on whether to strike by 13 September – after meeting in Rome on Friday [...]
Ryanair pilots vote to back deal over working conditions September 6, 2018 Ryanair pilots in Ireland have voted to accept the airline's deal over working conditions. The agreement follows five days of industrial action by pilots represented by the trade union Forsa, and was proposed after 22 hours of talks. Read more: Ryanair shares take flight after trade union agreement Around 100 of the 350 Ryanair pilots based in [...]