Ryanair’s been hacked for millions via Chinese bank April 29, 2015 Ryanair has been targeted by hackers who have stolen nearly $5m (£3.25m) from the airline's bank account. The cash was taken from the budget airline by electronic transfer via a Chinese bank, the Irish Times reports. Ireland's Criminal Assets Bureau is investigating the crime, which took place last week, and is working with authorities in [...]
FTSE bounces back on round of acquisitions – London Report May 27, 2015 BRITAIN’S top share index bounced back yesterday from a two-week low the day before as acquisitions boosted Imperial Tobacco, cement maker CRH and International Consolidated Airlines Group. The blue-chip index extended gains in late trade on the prospect of an accord between Greece and its creditors after a Greek government official told Reuters that a [...]
British Airways passenger numbers up 8.8 per cent as summer holidays begin July 3, 2014 The summer getaway has got off to a flying start for British Airways’ parent company IAG, which yesterday said its June passenger numbers were up 8.8 per cent on last year. The airline carried 7.1m customers worldwide last month, rising from 6.7m in May and 6.6m in the same month a year ago. As the [...]
Liverpool star Steven Gerrard heads for a different Galaxy May 12, 2015 LIVERPOOL captain and midfield star Steven Gerrard and his wife Alex are preparing for a short break before he kicks off his US career with LA Galaxy this summer. Gerrard, 34, who has collected 114 caps for England over a glittering career, started in the Liverpool youth team at the age of nine, and plays [...]
FTSE continues upward surge – London Report April 7, 2015 THE BENCHMARK FTSE 100 rose nearly two per cent yesterday as trading resumed after the Easter weekend. Shares around the world have been boosted by hopes that the US Federal Reserve will push back rate rises following weak American jobs data last week. The benchmark FTSE 100 index closed up 128.31 points, or 1.88 per [...]
Alps air crash and Gulf allies attack on Yemen hit FTSE hard – London Report March 26, 2015 A WARNING from the Bank of England yesterday that financial markets were becoming more volatile and faced heightened risks from a lack of liquidity pulled the FTSE 100 down sharply. The FTSE 100 index was 105 points or 1.5 per cent lower at 6,886.9, as shares in airlines and tech stocks went into the red. [...]
Airline share prices have been hit after officials reveal co-pilot of Germanwings 4U9525 intended to “destroy the plane” March 26, 2015 Update: Airline share prices were down almost universally today, as more details emerged of the Germanwings flight 4U9525 that crashed on Tuesday. Among the biggest fallers were British Airways owner International Consolidated Airlines and Delta. The share price of Lufthansa – which owns Germanwings – also dropped further, closing down 3.1 per cent. [...]
EasyJet sees passenger numbers up but falls behind rival’s growth April 8, 2015 EASYJET saw its passenger numbers increase by 7.5 per cent in March compared with the same month last year, but failed to keep up with arch-rival Ryanair. The Luton-based budget airline carried 5.5m passengers last month, up from 5.1m over the same period last year. The moderate growth comes on the back of February’s six [...]
Germanwings flight 4U9525 crash: Airlines including EasyJet, Monarch Airlines, Virgin and Thomas Cook have just changed their cockpit procedures so two people must always be present March 27, 2015 Following the revelation that Germanwings flight 4U9525 may have been crashed deliberately, some of the world's largest airlines have confirmed plans to change their cockpit procedures so two crew members must always be present. Airlines including EasyJet, Monarch Airlines, Emirates, Norwegian Air Shuttle, Virgin and Thomas Cook all said they have changed their policies. The [...]
The UK leads the world as an education exporter – and it can do better still May 17, 2015 With a new government in place, it won’t be long before Prime Minister Cameron and his team of ministers start to jet off across the globe to key international markets. India, China, Brazil and the Gulf States will be the most likely countries to see a British Airways plane land on the tarmac in the [...]