Airlines say more go away in May June 4, 2014 Ryanair and IAG, British Airways’ parent firm, have both posted rising traffic for May as the airlines head into the peak summer months. IAG said group traffic rose 7.3 per cent compared to last year, helped by big growth at Vueling, its recently-acquired budget carrier. Meanwhile low-cost carrier Ryanair said it carried 8.2m passengers last [...]
Virgin’s Little Red struggles to take off with most seats empty June 9, 2014 VIRGIN Atlantic’s domestic airline Little Red has been flying planes with mostly empty seats in its first year since launch, official figures show. The UK carrier was introduced last March, connecting airports in the north of England and Scotland to London’s Heathrow airport. Data from the regulator, the Civil Aviation Authority, shows that just 37.6 [...]
Malaysian Airlines flight MH17: Ukraine crash reignites crisis July 17, 2014 A passenger jet was shot down over Ukraine near the Russian border yesterday, killing around 300 people and straining the already tense geopolitical situation. Malaysia Airlines flight MH17 from Amsterdam and Kuala Lumpur lost contact with the ground at around 2:15pm GMT. Six of the passengers killed are believed to have been British, and 80 [...]
EasyJet is the latest airline to report rising traffic during May June 5, 2014 EASYJET carried 7.9 per cent more passengers in May, the low-cost airline announced yesterday. The carrier follows budget rival Ryanair and British Airways parent firm IAG in posting strong growth for the last month, which contained two bank holiday weekends. EasyJet said its load factor, a measure of how full each plane is, rose 1.3 [...]
Deals take off at start of Farnborough International Airshow July 14, 2014 The first day of the Farnborough International Airshow kicked off with a wide array of deals, with rivals Airbus and Boeing stacking up orders as they pushed the next generation of commercial airliners. Airbus announced the launch of its upgraded A330neo, with a deal arranged with Rolls Royce to provide its Trent 7000 [...]
Why Richard Branson isn’t afraid to fail: Four Virgin businesses that didn’t work out September 9, 2014 It was only a year ago that Richard Branson was prancing around in a red kilt at the launch of Little Red, his domestic airline for the UK, which was designed to provide competition after British Airways owner International Airline Group acquired BMI. Since its launch, though, Little Red has been dogged by rumours [...]
Virgin on ridiculous: Four businesses showing how Richard Branson likes to “fail fast” September 8, 2014 It was only a year ago that Richard Branson was prancing around in a red kilt during the opening of Little Red, his domestic airline for the UK, which was designed to provide competition after British Airways owner International Airline Group acquired BMI. Since its launch, though, Little Red has been dogged by rumours [...]
A digital billboard revolution: The top out-of-home advertising sites changing the face of London November 2, 2014 In creative terms, advertising mediums can be split into “hot” and “cool” media. This distinction was first put forward by Canadian media critic Marshall McLuhan 50 years ago. The difference is that hot media grabs you, whereas people actively choose to get involved with cool media – the audience does the grabbing. Print, cinema, [...]
City Moves for 25 June 2014 | Who’s switching jobs June 24, 2014 USS Investment Management Bertrand Biragnet has been appointed head of pan-European equities at the investment arm of the Universities Superannuation Scheme. Biragnet was previously a global equity manager at RIT Capital Partners, and has also held roles at Hermes Focus Asset Management and JP Morgan Asset Management. He also co-launched a long-short equity fund hosted [...]
The week in brief – UK agencies win big at the Cannes Lions June 23, 2014 UK agencies and creative shops were well-represented among the winners at last week’s Cannes Lions festival. Adam & Eve/DDB won big for its Harvey Nichols “sorry, I spent it on myself” Christmas work, as did OgilvyOne for its “magic of flying” campaign for British Airways. PHD won two golds for its work with Lego, and [...]