Boeing profits tumble as plane maker works to get grounded 737 Max fleet back in the air April 24, 2019 Boeing has revealed the extent of the financial damage from grounding its flagship plane model across the globe as at least $1bn so far. The world’s biggest plane maker said this afternoon it had suspended its 2019 forecasts as it scrambles to get the 737 Max model back in the air after two deadly crashes [...]
On the map: Now Google Maps displays real-time electric car charging points April 24, 2019 Electric car drivers will today find it easier to find charging points for their vehicles as Google included real-time data on the sites across the UK and US. Drivers will be able to search for “ev [electric vehicle] charging stations” to see how many ports are currently available at each site, and other details such as [...]
With Crossrail at a standstill, what other London transport projects have been put on hold? April 24, 2019 Last year was a particularly trying year for transport. The botched May timetable change caused widespread disruption across the country, prompting infuriated passengers to lodge 1m claims against train operator Govia Thameslink alone. While the headline that sticks in the memory is the delayed opening of the £17.6bn Elizabeth Line, there are a number of projects [...]
Life after Ghosn: Nissan slashes profit forecast in the wake of former chairman’s rearrest April 24, 2019 Nissan continued adjusting to business without ousted chairman Carlos Ghosn with a profit warning early this morning, as the car maker’s shares fell four per cent overnight on the Tokyo stock exchange. Read more: Nissan and Mitsubishi executives step down in wake of Ghosn scandal The Japanese manufacturer said it expected net profit for the year [...]
DEBATE: Is Sadiq Khan ultimately responsible for the ongoing delays to Crossrail? April 24, 2019 Is Sadiq Khan ultimately responsible for the ongoing delays to Crossrail Keith Prince, GLA Conservatives’ transport spokesman, says YES. Londoners are all too familiar with this mayor’s penchant for passing the buck and blaming others for his mistakes. But when it comes to the Crossrail project, Sadiq Khan’s attempt to dodge accountability simply won’t wash. [...]
Transport for London redesigns priority Tube seats to help awkward commuters April 23, 2019 Tube seats are getting a redesign to help London's commuters know whether to give up their perch to somebody standing. Transport for London (TfL) is re-upholstering priority seats to make it clear to awkward passengers that they should get up and let somebody else sit down. Read more: TfL chief faces calls to resign for [...]
Cathay Pacific to carry out random inspections on staff following reports of missing items April 23, 2019 Hong Kong-based airline Cathay Pacific has warned it will carry out random inspections of its staff after reports that items such as bottles of champagne and ice cream have gone missing from its aircraft. Items such as Haagen-Dazs ice cream, bottles of champagne and cutlery are among the items that are reported to have disappeared from [...]
Thomas Cook shares take off on reports of takeover talks April 23, 2019 Shares in Thomas Cook jumped as much as 17 per cent this morning on reports it has held preliminary takeover talks with a string of potential suitors. Read more: Thomas Cook holds preliminary talks with suitors about potential takeover The sharp uplift in share price came after it emerged the firm has received enquiries from [...]
TfL chief faces calls to resign for ‘downplaying’ Crossrail pressures April 23, 2019 Transport for London (TfL) chief Mike Brown is facing calls to resign over allegations he downplayed the pressures facing Crossrail as it became clear the project would struggle to open on time. Email extracts cited in the London Assembly’s second report into Crossrail, which is jointly sponsored by TfL and the Department for Transport, show Brown, [...]
Prosecutors hit former Renault and Nissan boss Carlos Ghosn with fourth charge April 22, 2019 Former Renault and Nissan boss Carlos Ghosn was today hit with a fourth charge by Japanese prosecutors who accused him of aggravated breach of trust. Ghosn’s lawyers immediately met the charge with a bail request which came on the day his latest period of detention was set to expire. “We are confident that we have [...]