Airline should continue its expansion January 4, 2011 EASYJET’S decision to convert options on 15 aircraft is good news for the company. Passenger numbers are still growing, up 8.2 per cent in November, while budget airlines are stealing market share from full-service carriers, helped by a cabin crew dispute at British Airways. But the 15 orders represent less than a fifth (17 per [...]
US uncertainty takes toll on FTSE despite blue chip gains January 6, 2011 BRITAIN’S top share index was pushed down to close lower yesterday, after uncertainty on the outlook for the US economy from weak retail sales and jobs data dented commodity prices and hit mining and energy stocks. Gains in retailer Marks & Spencer, British Airways and technology firm ARM Holdings ensured losses were relatively muted, however. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 24, 2011 FINANCIAL TIMES AL-JAZEERA IN BATTLE FOR US COVERAGE Al Anstey, managing director of al-Jazeera English, entered Comcast’s Philadelphia headquarters on Wednesday with four cardboard boxes. Inside were printouts of 13,000 e-mails the Doha-based news channel had received, urging the US cable company to carry its signal. EAST EUROPEAN MIGRANT NUMBERS BACK ON THE RISE The number of [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 24, 2011 FINANCIAL TIMES AL-JAZEERA IN BATTLE FOR US COVERAGE Al Anstey, managing director of al-Jazeera English, entered Comcast’s Philadelphia headquarters on Wednesday with four cardboard boxes. Inside were printouts of 13,000 e-mails the Doha-based news channel had received, urging the US cable company to carry its signal. EAST EUROPEAN MIGRANT NUMBERS BACK ON THE RISE The number of [...]
British Airways and cabin crew union agree to restart negotiations May 26, 2010 BRITISH Airways said it would resume talks with the union of striking cabin crew later yesterday in an attempt to avert further industrial action. Cabin attendants are in the third day of a five-day strike, protesting over staffing levels and cuts to benefits. The stoppage follows seven days of walkouts in March. Previous negotiations in [...]
Airport snow chaos costs BAA £24m January 12, 2011 AIPORTS operator BAA said yesterday its handling of the heavy snowfall in December will cost the firm at least £24m in lost revenues and added costs. This figure could rise as airlines including Virgin Atlantic, Lufthansa and BMI pressure the company to compensate them for cancelled flights and widespread disruption, mainly at Heathrow. “Anyone who [...]
BAA takes £24m hit from big freeze January 12, 2011 BAA expects to take a hit of around £24Mm from last month’s big freeze, which paralysed many of its airports and dented passenger numbers in the week before Christmas. Passenger traffic at BAA airports fell 10.9 per cent in December year-on-year after last month’s heavy snowfall wreaked havoc, especially at its biggest airport, London’s Heathrow, [...]
Utility firms lift FTSE 100 as cold snap drives power sales December 20, 2010 UTILITY stocks helped push Britain’s top shares higher yesterday, as the UK’s near-Arctic conditions boosted demand for energy, but British Airways toiled as the big freeze disrupted airline services. The FTSE 100 closed up 19.86 points, or 0.3 per cent, at 5,891.61. Meanwhile, the FTSE 250 closed up 6.33 points at 11,433.11. It touched a [...]
Utility firms lift FTSE 100 as cold snap drives power sales December 20, 2010 UTILITY stocks helped push Britain’s top shares higher yesterday, as the UK’s near-Arctic conditions boosted demand for energy, but British Airways toiled as the big freeze disrupted airline services. The FTSE 100 closed up 19.86 points, or 0.3 per cent, at 5,891.61. Meanwhile, the FTSE 250 closed up 6.33 points at 11,433.11. It touched a [...]
Vodafone drags on the FTSE despite strong insurer gains January 27, 2011 BRITAIN’S FTSE 100 share index closed slightly lower yesterday, after a dip in index heavyweight Vodafone, dented by weak results from AT&T, offset a surge in insurers following positive broker comment. The FTSE 100 closed down 4.13 points, or 0.1 per cent, at 5,965.08, having added 0.9 per cent the previous session. Vodafone, the company [...]