Castlelake urges Easyjet investors to back £4.7bn takeover bid Transport & Infrastructure Private equity firm Castlelake is calling on investors in Easyjet to lobby the budget airline to accept its third takeover offer, after the FTSE 250 carrier slapped down its latest bid over the weekend. The bidder said on Monday that Easyjet has rejected three successive takeover bids and criticised the airline for its “unwillingness to [...]
Hopes rise for decision on Heathrow’s third runway plan Transport & Infrastructure Hopes for full government backing this summer for Heathrow’s expansion plans were rising on Thursday, with London’s main airport operating on the brink of full capacity. A report in The Times said Prime Minister Keir Starmer’s government is moving to clear the plans before any challenge to his leadership from Andy Burnham, with voting underway in [...]
Heathrow slams regulator plans to ‘take UK backwards’ by slashing investment Transport & Infrastructure Heathrow has issued a scathing rebuttal of the regulator’s plans to crack down on the airport’s spending and expansion, warning that this risks “taking the UK backwards”. The UK’s largest airport said that the Civil Aviation Authority’s (CAA) “proposed cuts to our investment plans risk taking the UK backwards and weakening our competitiveness”. The CAA [...]
Wizz Air ‘resilient’ after route cancellations wipe out profit June 11, 2026 Wizz Air has insisted its decision to halt operations in Vienna and Abu Dhabi positioned the airline for “long term resilience,” despite causing net profit to drop by nearly 99 per cent. The FTSE 250-listed airline said its slump in net profit from €214m to €1m was due to the “one-off headwinds” of these route [...]
WH Smith shares crater after outlook slashed on Iran war travel chaos June 10, 2026 WH Smith shares have cratered after the retailer slashed its profit forecast amid the prolonged slowdown in global travel and slump in consumer confidence caused by the Iran war. Shares in the FTSE 250 retailer slumped by 16 per cent on Wednesday’s market open to 415p, leaving the stock down more than 35 per cent [...]
Air fares to soar again if fuel costs stay high, British Airways chief warns June 7, 2026 Prices for flights will shoot up again if fuel costs stay high, the chief of British Airways has warned. The airline’s chief executive, Sean Doyle, said there is “no getting away from” the fact that “if fuel goes up, fares have to go up.” Since the Iran war began in February, jet fuel prices have [...]
UK law clears hurdle for airlines to ban unruly passengers from travelling June 2, 2026 Airlines and the UK government are eyeing a proposal to create a national blacklist of disruptive passengers using their personal data, potentially curbing their access to flights. The scheme, currently being developed by officials from the Department for Transport and the Home Office, would require airlines to notify the government when a passenger is disruptive. [...]
Chaos at Heathrow as burst water pipe causes train cancellations May 30, 2026 Passengers are facing major travel disruption travelling to and from Heathrow airport after a burst pipe ground train services to a halt earlier today. Transport for London said there were no services on the Elizabeth Line between Hayes and Harlington and Heathrow due to a signal failure caused by flooding at Heathrow Terminals 2 and 3. The Heathrow Express was also affected [...]
Turbulence for Luton as court decides if expansion project can leave the ground May 19, 2026 The Court of Appeal will today hear a challenge to the government-approved expansion of Luton Airport from an environmental group over whether the development should have been green-lit last year. The dispute was escalated to the appeals court by the campaign group, Luton And District Association for the Control of Aircraft Noise (LADACAN), who brought [...]
Ryanair warns ‘weak’ airlines will go bust this year as fuel costs soar May 18, 2026 Ryanair’s finance boss has said he “wouldn’t be surprised” if some of the airline’s “weaker” rivals went bust later this year, as the Iran war spikes fuel costs. The Dublin-based budget carrier has insisted it is “confident” despite warnings of a jet fuel crisis, but US carrier Spirit Airlines shut down last month, and Ryanair [...]