Iceland’s startup airline PLAY will be bound for London Stansted in June May 25, 2021 Iceland’s newest airline PLAY has launched its ticket sales for seven destinations across Europe, with its inaugural flight bound for London Stansted on 24 June. Giving away 1,000 free tickets, the startup airline saw them all snapped up within 3 hours of its website going live last week. The Stansted flights are set to run [...]
Coast Capital renews campaign against First Group EQT sale May 24, 2021 Private equity firm Coast Capital has today doubled down on its campaign against the sale of First Group’s two American businesses. The firm says that the $4.6bn (£3.3bn) deal for First Student and First Transit significantly undervalues the businesses. The renewed rebellion comes ahead of Thursday’s crunch general meeting, when investors will vote on the [...]
UK warns against holidays in Spain as it now allows Brits in without Covid test May 24, 2021 UK warns against holidays inamber list destinations like Spain as it now allows Brits in without Covid test
All cruise guests will need to be vaccinated, says Royal Caribbean boss May 23, 2021 All Royal Caribbean guests will need to be vaccinated, the boss of the world’s biggest cruise companies said today. Chief executive Richard Fain said, “we expect all of our guests who are eligible for a vaccine to have it”. “The combination of the vaccines and testing and contact tracing, all these kinds of protocols really [...]
More countries could be added to travel ‘green list’ soon, says Shapps May 22, 2021 Grant Shapps has hinted that other countries will be added to the UK’s travel “green list” soon, urging people to “be a little patient” in the meantime. “I don’t think people have a very long time to wait before other countries are able to join the green list”, he said in an interview with the [...]
Heathrow to open separate terminal for red list arrivals May 21, 2021 Heathrow Airport will open a dedicated terminal for arrivals from red list countries in a bid to minimise mixing between passengers from different destinations. The UK’s largest airport said it would introduce segregated arrivals for people travelling from high-risk red countries in Terminal 3 from 1 June. They will then travel to a hotel to [...]
Brexit impact: Heathrow loses legal bid over end of tax-free shopping for tourists May 21, 2021 Heathrow Airport has lost a High Court bid to challenge the scrapping of tax-free shopping for tourists. Two schemes providing VAT-free shopping for some international visitors were withdrawn by the Treasury at the end of the Brexit transition period on 1 January of this year. The Treasury and HMRC’s decision related to the VAT Retail [...]
Audi to idle 10,000 workers as chip shortage continues – report May 21, 2021 German carmaker Audi will idle 10,000 staff for the second time in a matter of months due to the ongoing semi-conductor shortage. Workers at the firm’s factories in Ingolstadt and Neckarsulm will see their hours shorten as production is slowed at the sites, German newspaper Handelsblatt reported. The slowdown will come into effect next week. [...]
EU will allow UK tourists with vaccine as Johnson says no holidays to Spain or France May 21, 2021 EU will allow UK tourists with vaccine as Johnson says no holidays to amber list countries Spain and France
Used car dealer Cinch raises £1bn to speed up European growth May 21, 2021 Used car dealer Cinch this morning confirmed that it had raised £1bn from a group of blue-chip investors to fund the online platform’s expansion. Investors included a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), GIC, Neuberger Berman client funds and funds advised by Soros Fund Management. Sky first reported the raise, which [...]