Heathrow, Gatwick and Luton: Ministers preparing to back London airports expansion Transport and infrastructure The government is preparing to approve major expansion plans at three London airports, according to reports. Chancellor Rachel Reeves is poised to announce her support for additional runways at Heathrow and Gatwick, and a bid by London Luton to significantly increase passenger capacity, in a speech later this month, according to Bloomberg. Reeves’ speech has [...]
London Stansted reports busiest ever year as £1.1bn expansion gets underway Transport and infrastructure London Stansted has reported a record year of passenger traffic as it pushes ahead with a £1.1bn expansion plan unveiled in the Autumn Budget. The hub to the North East of London welcomed 29.8m passengers in 2024, a 5.8 per cent increase on the previous record of 28.1m in 2019. It followed the airport’s busiest [...]
South Korean plane crash kills 179 Transport and infrastructure The deadliest air accident ever in South Korea killed 179 people on Sunday, when an airliner belly-landed and skidded off the end of the runway, erupting in a fireball as it slammed into a wall at Muan International Airport. Jeju Air flight 7C2216, arriving from the Thai capital Bangkok with 175 passengers and six crew on board, was [...]
Fog causes disruption at Gatwick on airport’s busiest day of the holiday period December 29, 2024 Disruption caused by thick fog is expected to continue at Gatwick on Sunday, the airport’s busiest day of the holiday period.
Gatwick and Birmingham airport chiefs urge Rachel Reeves to tackle business rates threat December 5, 2024 Chief executives from Gatwick and Birmingham Airport have criticised Chancellor Rachel Reeves' planned changes to business rates.
We are practically full and must expand, says Gatwick boss December 2, 2024 The Planning Inspectorate passed its recommendation to ministers last Wednesday, on whether Gatwick's expansion should proceed.
We can have our cake and eat it, says boss of London private jet hub November 19, 2024 London Biggin Hill Airport chief executive David Winstanley argues business aviation can decarbonise without slowing growth.
Ryanair profit tumbles as prices fall and Boeing delivery delays hit capacity November 4, 2024 Ryanair’s half-year profit has fallen 18 per cent amid a dip in the average price of its ticket fares and ongoing Boeing delivery delays. The budget airline reported a post-tax profit of €1.79bn (£1.5bn), even as passenger demand reached a record 115m, up nine per cent year-on-year. Revenue increased one per cent to €8.58bn. However, [...]
Boeing set for crunch vote in strike dispute November 3, 2024 The International Association of Machinists and Aerospace Workers, which represents over 30,000 Boeing staff, will hold a ballot on Monday.
Boeing plans to raise £27bn amid concerns of future bankruptcy October 15, 2024 Embattled US planemaker Boeing has announced plans to raise as much as $35bn (£26.8bn) through a credit agreement and share sale to boost its balance sheet as it battles a string of crises.