Heathrow could face legal challenge if airlines forced to pay for third runway Business Emirates’ boss has warned that London Heathrow Airport could face a legal challenge from its airlines if they are forced to pay for a third runway. In an interview with the Financial Times, industry veteran Sir Tim Clark warned against further hikes to landing charges to pay for the expansion. “This could end up in [...]
Arsenal cash in on Champions League return with record revenue Sport Business Arsenal’s return to the Champions League and lucrative new sponsorship deals boosted the club’s revenue by 32 per cent to a record £616.6m last year. The £150m increase came from improved matchday, broadcast and commercial revenues and puts Arsenal behind only Manchester City and Manchester United for income in the Premier League. But £256m of [...]
Doric Nimrod Air Two: Guernsey-based fund makes £153m plane sale to Emirates Transport and infrastructure Doric Nimrod Air Two has sold off five more planes to Emirates for £30.7m per plane after it sold two other plans to the company last year. The Guernsey closed-end fund will cash out of its five Airbus A380-861 that it bought in 2011, the fund said in a stock exchange announcement today. Over the last 12 [...]
Which London airport did Emirates’ airlines boss compare to a ‘post-Second World War’ hub? June 4, 2024 The head of Emirates airlines has said Heathrow is "seriously lagging behind" rival hubs and compared it to a run down Second World War airport.
Gatwick Airport set to pay first shareholder dividend in five years as growth returns March 22, 2024 Gatwick Airport says it expects to pay out its first shareholder dividends in five years, with passenger numbers set to be back at pre-pandemic levels next year.
Emirates accuses Heathrow of being ‘cavalier’ after refusing to comply with cap July 14, 2022 Gulf carrier Emirates has accused Heathrow’s management of being “cavalier”, after refusing to comply with the hub’s passenger cap. The airline described Heathrow’s request to cut daily departing passengers to 100,000 as “unreasonable and unacceptable,” blaming airport executives for showing “blatant disregard for consumers.” On top of operating flights as scheduled, the Dubai carrier added [...]
Sir Tim Clark says Emirates will continue flying to Russia until told otherwise March 29, 2022 Emirates will continue flying to Russia until told otherwise, the airline’s chief executive Sir Tim Clark said this morning. Since the conflict’s outbreak, the UAE Government – who also owns Emirates – decided not to take sides between Western countries and Moscow, using Emirates aircraft to carry out humanitarian goods and diplomats in and out [...]
Emirates boss Tim Clark hits back against “flight shame” champions February 27, 2022 Emirates’ boss Tim Clark has hit back at those who want to “flight shame” people into avoid flying for environmental reasons. Clark said today that according to this reasoning, all discretionary spending is immoral because it has a carbon footprint. “So whether you’re flying a holiday, whether you’re flying to your second home, or whether [...]
Emirates suspends US flights over 5G concerns January 18, 2022 UAE carrier Emirates has announced it will suspend flights to US destinations such as Boston, Chicago and San Francisco over 5G concerns. The airline said the decision was “due to operational concerns associated with the planned deployment of 5G mobile network services in the US,” adding that it was working to “alleviate operational concerns,” hoping [...]
Omicron could cause “significant traumas” for aviation, Emirates president warns November 30, 2021 Emirates’ president Tim Clark has warned that the new Covid variant, Omicron, could cause “significant traumas” for the recovery of global aviation. Clark said the next few weeks would prove fundamental for the industry, as scientists assess the variant’s risk and the effectiveness of vaccines in fighting it. “I would say probably by the end [...]