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      Senior exec layoffs surge as firms brace for major employment law change

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airport

  • Jet2 handed £400m boost from Iran war jet fuel spike

    Transport & Infrastructure

    Jet2 recorded a £400m boost from the rising price of jet fuel which caused widespread fear that summer holidays could be cancelled and airlines could go bust. The package holiday provider revealed that it defied the travel chaos caused by the Middle East conflict to instead take a £388m balance sheet boost from rising jet [...]

    Jet2 is listed on the London Stock Exchange's AIM.
  • Ryanair blasts ‘misguided’ watchdog over family seating probe

    Transport & Infrastructure

    Ryanair has slammed the “misguided” competition regulator over a probe into its family seating rules, claiming the watchdog has turned a “blind eye” to more serious issues. Michael O’Leary, the boss of the budget airline, claimed that the Competition and Markets Authority (CMA) has forced it to “reluctantly” make a rule change which will make [...]

    Michael OLeary speaking at a Ryanair press conference, dressed in a suit, discussing the airlines latest business updates
  • EU airport chief: ‘I don’t know how we’ll cope’ with new border system

    Transport & Infrastructure

    Europe’s airport chief has warned that he “doesn’t know” how the continent’s airports will “cope” with the huge delays caused by a new EU border system as the holiday season looms. Stefan Schulte, president of European airports trade body ACI Europe, told an industry event in Prague: “Passengers are queuing for hours at peak traffic [...]

    Drop off charges at UK airports have reached the highest level on record amid booming travel demand this summer.
  • Hopes rise for decision on Heathrow’s third runway plan

    June 18, 2026

    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 [...]

  • Flying at Heathrow will cost ‘significantly more’ due to third runway bid

    June 12, 2026

    Heathrow’s bid for a third runway will “significantly” push up the cost of flying from the UK’s biggest airport, a leading aviation expert has warned. The airport’s expansion will “inevitably” push up ticket fares because it is set to be allowed to hike the fees it charges to airports, Alton Aviation’s Ronan Murphy told City [...]

  • 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 [...]

  • 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 [...]

  • The Debate: Should airports ban early-morning pints?

    May 13, 2026

    Ryanair boss Michael O'Leary has had enough of drunkards on flights, but is banning 5am airport pints the answer? We hear both sides.

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