Loveholidays: How CEO Donat Rétif tripled profit by ‘democratising’ travel Retail and leisure Donat Rétif has only been the CEO of Loveholidays since 2019, but under his leadership the vacation marketplace has experienced explosive growth across all major metrics, doubling its revenue, tripling its pre-tax profit and quadrupling its workforce.
Rolls-Royce signs £232m private jets deal Transport Rolls-Royce has signed a deal with American private jet carrier JSX worth $300m (£232m) over ten years.
Virgin Atlantic buys seven new planes from ‘main dance partner’ Airbus as it targets return to profit Transport Virgin Atlantic has ordered seven new plans as it looks to complete its multibillion-dollar fleet transformation and return to the black.
Stranded airline passengers told to ‘come on down’ to Dover port amid IT outage July 20, 2024 Chief executive of the Port of Dover Doug Bannister has encouraged displaced airport passengers to use their ferry services.
Delays at Heathrow, Stansted and Gatwick airports as global IT outage grounds over 4,000 flights July 19, 2024 A global IT outage has wreaked havoc on air travel and caused the cancellation of over 1,000 flights worldwide on Friday - with the number expected to climb as the day progresses.
Why airport expansions fuelled by booming travel demand could be a double-edged sword July 15, 2024 In a report, the ratings agency Moody's said rising passenger numbers would drive "significant investment" in expansion projects.
Passenger numbers take off at owner of Manchester, London Stansted and East Midlands airports July 11, 2024 The group which owns Manchester, London Stansted and East Midlands airports has seen passenger surge over the last year amid booming demand for travel.
London City Airport granted five-year ban for Just Stop Oil July 11, 2024 The injunction comes in response to Just Stop Oil's plans to cause disruption during one of the busiest summers in decades.
Edinburgh Airport: Profit soars as passenger numbers near pre-pandemic levels June 7, 2024 Edinburgh Airport has seen profit soar for the second year in a row after passenger numbers rose to within touching distance of their pre-pandemic record.
Heathrow Airport slams Government despite busiest day for more than four years May 13, 2024 Heathrow Airport's busiest day for more than four and a half years helped passenger numbers continue to rise in April, according to new figures.