Easyjet to cancel Italy flights as coronavirus hits demand February 28, 2020 Budget airline Easyjet today said that it would cancel a number of flights to Italy as it warned of a “significant softening of demand” across its short-haul network as the coronavirus outbreak continued to impact global airlines. The firm said it would continue monitor the situation and adapting its flying program to support demand. Shares [...]
FTSE 100 inches into green despite record plunge in UK GDP June 12, 2020 The FTSE 100 closed 0.23 per cent up on Friday, having spent most of the session inching higher despite data showing the British economy suffered the largest contraction on record in April. While the blue-chip managed to shake a four-session decline, it remained on track for its worst weekly drop in around three months. Cyclical [...]
Ryanair set for net loss as quarantine legal action launches June 12, 2020 Ryanair is on course to book a loss to €200-€300m (£179m-£269m) in this financial year, chief Michael O’Leary has told a Spanish newspaper. Speaking to Expansion, O’Leary added that he expected the budget carrier to return to profitability next year. He said: “Everything will depend on how people will fly between September and March and [...]
Ryanair passenger numbers down 97 per cent as ‘air bridges’ wait goes on July 2, 2020 Ryanair flew just 400,000 people last month, the low-cost airline revealed today, as the coronavirus continued to cripple global aviation. The figure represents a 97 per cent drop on the same month in 2019, when the budget carrier flew 14.2m people. However, compared to April and May, in which the airline flew a combined 110,000 [...]
British Airways to hand Heathrow staff iPads in bid to improve customer service October 22, 2018 British Airways (BA) has announced a multi-million pound training scheme for its Heathrow staff that will see them walk terminal floors equipped with iPads to answer passengers’ enquiries. Starting with its customer service personnel in Terminal 5, between now and next summer BA will train staff to help with a range of customer enquiries, [...]
Accenture to cut up to 900 UK jobs as coronavirus bites July 1, 2020 Consultancy firm Accenture is planning to axe up to 900 jobs in the UK as the firm tries to cut costs to deal with the coronavirus crisis and an uncertain future. Accenture is a US firm headquartered in New York, but it employs more than 10,000 people in the UK. The job cuts are part [...]
British Airways and Easyjet among airlines ‘most exposed to a no-deal Brexit’ September 27, 2018 British Airways and Easyjet are among the airlines that are particularly vulnerable to a "no-deal" Brexit, financial services firm Moody's has warned. The possibility of a no-deal Brexit, in which the UK would crash out of the EU on terms set by the World Trade Organisation (WTO), has been ramping up in recent months, as [...]
FTSE flattens mid-afternoon November 23, 2020 Cineworld, Tui, BA owner and pub companies lead FTSE vaccine bounce
Belgium and Croatia may be next on UK’s quarantine list July 29, 2020 People travelling to the UK from Belgium, Luxembourg and Croatia may face 14-day quarantines as coronavirus infection rates rise across the continent. Boris Johnson said yesterday that he feared mainland Europe was beginning to experience the first stages of a second Covid-19 wave. Infection rates have been recorded as rising in 11 European countries over [...]
Aviation support package ‘cannot come soon enough’, MPs warn September 7, 2020 A group of MPs has warned that the government’s aviation recovery plan “cannot come quick enough” as the stricken industry heads into the winter season weighed down with uncertainty over its future. This morning, the government revealed that it would unveil its plan to get the UK aviation industry back onto its feet over the [...]