Unacceptable: Aviation regulator slams Wizz Air over complaints and refunds December 16, 2022 The UK aviation regulator has slammed Wizz Air for its “unacceptable” behaviour when it comes to passengers’ complaints and refunds. The Civil Aviation Authority (CAA) reported that the low-cost carrier ranked as the worst airline for escalated complaints, with 811 grievances per million UK passengers. Escalated complaints are complaints taken to alternative dispute resolution schemes [...]
FTSE 100: London inches towards all-time high as markets anticipate rate call July 29, 2024 FTSE 100 stocks started the week with a surge, rising one per cent in the three hours after the opening bell, as the market holds its breath on whether the Bank of England will cut interest rates later this week. After the record performance of the FTSE 100 in May, where the index hit an [...]
Shares in Ryanair rivals Easyjet, Wizz and Jet2 slump after Michael O’Leary’s warning July 22, 2024 "Fares are now moving materially lower than the prior year and pricing… continues to deteriorate," Ryanair's boss Michael O'Leary said in a presentation announcing its latest results.
Editorial: Is anybody willing to take responsibility for Strike Island? June 23, 2022 Welcome to Strike Island, then. British Airways’ ground handlers – or at least, a chunk of them – are now joining an ever-growing list of unionised workers who have picked walkouts over work amid a heightening cost of everything crisis. Whether it’s wise for union leaders to take their staff out on strike at the [...]
MPs slam British Airways’ use of furlough amid 12,000 job cuts May 14, 2020 MPs have hit back at British Airways’ owner IAG after the firm’s chief executive confirmed that up to 12,000 proposed job cuts would still go ahead despite the extension of the job retention scheme until October. In response to IAG chief Willie Walsh’s confirmation of the redundancies, transport select committee chair Huw Merriman said that [...]
London set to be home of new transatlantic carrier Global as soon as next year May 23, 2023 A team of successful investors are preparing the launch of a new transatlantic airline based out of London, City A.M. has learned, with one Airbus jumbo jet already purchased. The investors behind Holiday Swap, the travel platform valued at more than £300m, and the firm’s founder James Asquith are thought to have as many as [...]
Editorial: Time to knock heads together until planes can fly at full capacity August 3, 2022 Imagine if the London Olympics were being hosted next week: the stadium would have been a shadow of itself with ticket-holders still stuck on the tarmac.
The City A.M. Awards: A glittering night in the Square Mile March 2, 2023 The great and the good of the Square Mile gathered at the Guildhall on Thursday night for the annual City A.M. awards – with Aviva boss Amanda Blanc walking away with the coveted ‘personality of the year’ award. Blanc’s award came at the end of an evening of celebrations and speeches – with the afterparty [...]
Hordes of Brits left stranded as travel bloodbath deepens: EasyJet drops 35 flights and BA cancels 124 today alone June 7, 2022 The travel crisis that has gripped the UK for weeks rages on today as thousands of airline passengers face more disruption as widespread flight cancellations continue. EasyJet said this morning it has cancelled at least 35 flights, with Gatwick the worst affected airport. British Airways cancelled 124 Heathrow flights, although the airline said affected passengers [...]
Border force to walk out this week as Christmas chaos to hit UK airports December 19, 2022 Millions of Britons will need to brace for additional chaos during the festive season as Border Force staff at several UK hubs are set to down tools. Around 1,000 members of the union PCS will strike at the likes of Heathrow and Gatwick between 23 and 26 as well as 28 and 31 December after [...]