EasyJet to use hi-tech ash cloud radar June 4, 2010 EasyJet has unveiled a high-tech radar system to allow planes to fly around ash clouds after figures showing 215,000 of their passengers had been hit by the Icelandic volcano. In its data for last month the airline revealed that 1,600 flights were cancelled after the ash cloud billowed across Europe. The new technology it is [...]
BA in record £531m loss as new strike looms May 21, 2010 BRITISH Airways has reported a record annual loss of £531m. Lower passenger numbers and the impact of strike action contributed to the bleak figures. The results – the worst since BA was privatized in 1987 – were issued as BA faces 15 more days of strike action by cabin crew after the High Court overturned [...]
Ash cloud chaos costs Thomas Cook £70m May 13, 2010 THE chaos to air travel caused by the volcanic ash cloud knocked £70m off Thomas Cook’s profits. But the travel operator said its first half loss narrowed despite the setback. Thomas Cook reported a pre-tax loss for the half year to March 31 of £252.2m compared with £309m the year before. Northern European airspace was [...]
Ash cloud hits airport sales at WH Smith June 8, 2010 WH Smith yesterday blamed disruption caused by the the Icelandic volcanco ash cloud for denting sales during the 14 weeks to 5 June. The company’s 570 high street stores saw like-for-like sales fall four per cent in the period. The group said like-for-like sales in the third quarter had fallen by four per cent at [...]
Volcanic ash to disrupt Ireland May 3, 2010 VOLCANIC ash from Iceland is set to cause more havoc today, with flight cancellations in Ireland and Scotland. The Irish Aviation Authority (IAA) said Irish airspace will close from 7am today, with the decision reviewed at 1pm. Over-flights of Ireland from the UK and Europe will not be impacted, the IAA said, adding flights in [...]
IATA: Airlines will return to profitability June 7, 2010 AIRLINES will return to profitability this year, according to the commercial aviation industry’s leading body. The International Air Transport Association (IATA) expects airlines to post a collective $2.5bn (£1.7bn) profit for 2010, marking a vast improvement on its previous forecast published in March, which forecast the industry would report $2.8bn in losses. “The global economy [...]
IATA: Airlines will return to profitability June 7, 2010 AIRLINES will return to profitability this year, according to the commercial aviation industry’s leading body. The International Air Transport Association (IATA) expects airlines to post a collective $2.5bn (£1.7bn) profit for 2010, marking a vast improvement on its previous forecast published in March, which forecast the industry would report $2.8bn in losses. “The global economy [...]
BAA passenger numbers fall in ash cloud chaos May 10, 2010 BAA has said that the volcanic ash disruption cut its passenger numbers by more than a fifth last month. The airport operator said passenger traffic in April was down 22.7 per cent on the same month last year. UK airspace was closed for six days in April because of the threat posed by the ash [...]
Aurum back in profit after restructuring May 23, 2010 LUXURY jeweller Aurum Holdings announced earnings of £10.5m yesterday, a jump of 27 per cent, after refinancing last November. The parent company of Goldsmiths, Watches of Switzerland and Mappin & Webb made a post-tax profit of £0.1m in the year to January 2010, against a loss of £19.4m the previous year. While overall sales were [...]
Aurum back in profit after restructuring May 23, 2010 LUXURY jeweller Aurum Holdings announced earnings of £10.5m yesterday, a jump of 27 per cent, after refinancing last November. The parent company of Goldsmiths, Watches of Switzerland and Mappin & Webb made a post-tax profit of £0.1m in the year to January 2010, against a loss of £19.4m the previous year. While overall sales were [...]