Heathrow to end daily passenger cap on 29 October October 3, 2022 Heathrow has confirmed it will end its 100,000 daily passenger cap at the end of the summer flying season on 29 October. A Heathrow spokesperson said: “This cap resulted in fewer last-minute cancellations, better punctuality and shorter waits for bags. “We continue to work with all of our airline partners ahead of the winter season [...]
Explainer-in-brief: The domino effect driving unions to strike over pay June 27, 2022 As this week begins, we come back to the railways with a sigh of relief. Yet the rail strikes of last week are unlikely to be a one-off, as RMT leader Mick Lynch has already warned more could come if the talks between the unions and the rail bosses keep on failing. Someplace else in [...]
Explainer: Why are plane tickets so expensive? July 28, 2023 Have you recently found yourself making an Excel spreadsheet of flights prices for a summer holiday, or trying to strategise how to book flights for that international trip like it was a game of chess? If you have, that’s because flying has become more and more expensive over the past year. The owner of British [...]
Ted Baker completes London HQ sale to British Airways pension fund March 23, 2020 Ted Baker has agreed terms for the sale of its London headquarters, the Ugly Brown Building, with a British Airways Pension Trustees unit. Following the announcement of a strategic asset review in December, Ted Baker has today exchanged contracts with British Airways’ pension fund and the deal, worth £78.8m, is expected to be completed in [...]
Gatwick’s passenger numbers soar staggering 420 per cent on 2021 – but airport is STILL behind pre-Covid levels January 13, 2023 Gatwick’s passenger numbers have soared over the past 12 months following the reopening of air travel post-pandemic restrictions, but it’s still down on pre-Covid levels . The West Sussex hub reported that almost 33 million people passed through its gates in 2022, up over 420 per cent on last year’s 6.3 million passengers. Nevertheless, the [...]
Why the new Labour government should invest in trains, not planes September 2, 2024 The aviation industry's contribution to the economy has long been its most relied upon defence. But is it really that clear-cut?
British Airways: Five things you need to know as IAG reports £1.5bn loss May 7, 2020 British Airways owner IAG this morning reported a total first quarter loss of €1.8bn (£1.5bn), saying that it was currently operating 94 per cent down on its total passenger capacity. More worryingly, it said that it expected the second quarter’s results to be far worse, and warned that passenger demand would not return to pre-coronavirus [...]
IAG boss predicts all group airlines will return to profit this year September 21, 2022 All of IAG’s subsidiary airlines will post profit this year, according to the group’s chief executive Luis Gallego. “We foresee all the airlines of the group to make profits again this year,” the chief executive told journalists on Wednesday while refraining from elaborating on specific carriers. IAG owns British Airways (BA), Iberia and Aer Lingus, [...]
BA disruption continues as carrier forced to cancel some short-haul flights February 27, 2022 British Airways (BA) today continues to experience disruption on short-haul flights departing from Heathrow, despite managing to fix yesterday’s IT issues. “While we have resolved the systems issues we’ve been experiencing and expect to run the vast majority of our flights on Sunday February 27, we have regrettably had to cancel a small number of [...]
Data attacks set to enter new era under ‘FraudGPT’, warn cybersecurity execs August 8, 2023 A new breed of malicious AI models are “heralding an era of AI-enabled data attacks” on businesses, Darktrace VP of strategic cyber AI Nicole Carignan has warned. Speaking to City A.M., Carnigan said data attacks will become “faster and harder to defend against in the next few years” as new AI systems make attacks more [...]