British Airways strikes: Airline boss Alex Cruz blames ‘cynical actions’ of pilots for walkout September 9, 2019 British Airways chief executive Alex Cruz has blamed the “cynical actions” of its pilots’ union for a two-day strike that has left airport terminals empty. BA pilots who are members of the British Airline Pilots’ Association (Balpa) have begun a 48-hour walk-out in a dispute over pay and working conditions. Read more: Nearly all British [...]
‘Tatty and antiquated’: Luton ranked worst large UK airport for fourth year running September 9, 2019 Luton airport has been ranked the worst large airport in the UK for the fourth year running by consumer watchdog Which. Luton managed a 43 per cent customer satisfaction score in a Which survey of 4,499 of its members, who were surveyed about 6,237 airport experiences at UK airports, including passport control and the price [...]
Eddie Stobart says it has received buyout interest from Dbay Advisors September 9, 2019 Troubled trucking company Eddie Stobart said today it had received a preliminary approach about a possible acquisition by its third-largest shareholder Dbay Advisors. Last month Eddie Stobart suspended its shares and announced its chief executive Alex Laffey was standing down with immediate effect after it discovered a multi-million pound accounting error. Read more: Eddie Stobart [...]
Teesside cable factory could be wound in if without government support September 8, 2019 A planned £200m cable factory in the north east of England is facing an uncertain future after the entrepreneur backing it said he might pull out if the government does not get behind the project. Edi Truell wrote to ministers last year to tell them that he may take his project to Germany, the Sunday [...]
Nissan chief ‘tells executives he plans to resign’ after torrid year September 8, 2019 Nissan boss Hiroto Saikawa is believed to have told executives that he plans to resign from the top job at the troubled Japanese car maker. Board members are already scheduled to meet early on Monday morning, where they will likely discuss finding a new Nissan boss. They are said to have already drawn up a [...]
Pendragon called on restructuring firms to mitigate effects of industry car crash September 8, 2019 As the car industry continues to splutter, one of Britain’s biggest dealers has turned to restructuring experts to try to halt its downward spiral of profits. Pendragon, which owns the ubiquitous Evans Halshaw car dealership brand, spoke to several firms about helping shake up its spending earlier this year, but the process was cut short [...]
British Airways tells passengers to stay away from airport on day of strikes September 8, 2019 UK flag carrier British Airways has told passengers not to head to the airport today if their flights were caught up in one of the biggest pilot strikes in its history. Members of the Balpa pilots union working for BA will walk out tomorrow and Tuesday, with planned strike action – grounding 1700 flights – [...]
Boris Johnson hatches plan to devolve rail power to the north September 8, 2019 Boris Johnson is preparing to hand leaders in the north responsibility for train services as part of a big industry shakeup. Two struggling rail franchises, Northern and the Transpennine Express, are to be devolved to a new body that would be similar to Transport for London in the capital. Read more: Southeastern among franchises placed [...]
British Airways strikes: Can I get a refund and is my flight affected? September 7, 2019 British Airways strikes are set to commence on Monday affecting as many as 1,600 flights next week and 280,000 customers. When are the British Airways strikes? Members of the British Airline Pilots’ Association (Balpa) are striking on Monday and Tuesday next week, with a further strike date set for 27 September. Read more: British Airways [...]
Thomas Cook in stand-off with pension scheme trustees over £900m rescue deal September 7, 2019 Thomas Cook’s pension scheme trustees are demanding improved terms to back a £900m rescue of the tour operator. The pension scheme is seeking equity in the restructured company, as well as funding guarantees from the new owners and a commitment to continue the existing annual contributions of more than £25m, according to Sky News. Read [...]