Panasonic reviews plans for investment in Gigafactory battery plant with Tesla April 11, 2019 Panasonic is reviewing further investments in battery manufacturing at its Tesla Gigafactory site amid fears of declining demand for the high-performance electric cars. The move comes after local media reports stated the two companies had frozen plans to expand capacity at the Gigafactory 1 site in Nevada by a further 50 per cent. Read more: [...]
New York budget carrier JetBlue to make London its first-ever European destination with flights from 2021 April 11, 2019 New York's flag carrier JetBlue will make London its first European destination when it offers flights to the city from 2021, the low-cost airline announced today. JetBlue, which is also Boston's largest airline, said the new routes to London will be served by Airbus A321LR and will mark the first-ever transatlantic service offered by the [...]
Ofgem announces tougher new rules for fledgling energy companies April 11, 2019 UK energy regulator Ofgem will make companies applying for a license to supply energy undergo more stringent tests from June in a bid to drive up standards in the industry. Read more: Homes switch energy supplier at record rate Prospective energy companies will need to show they can properly fund their activities for their first year [...]
Passengers warned of disruption as Euston station set to close over Easter and May Bank holiday weekends April 10, 2019 Euston station will be closed for several days over the Easter and May Bank holiday weekends with no trains running in and out of the station, passengers have been warned. The busy London station will be shut from 19 to 22 April and from 4-6 May, which will close routes and lead to longer travel [...]
Stagecoach ‘extremely concerned’ after being barred from upcoming rail franchises amid pensions row April 10, 2019 Stagecoach has been disqualified from three major UK rail franchises it was bidding for, amid concerns it is a “pensions risk”. The company is seeking an urgent meeting with government after a senior Department for Transport (DFT) official “verbally informed” Stagecoach it could no longer bid for the East Midlands, South Eastern or West Coast [...]
Old school train tickets to be a thing of the past as rail companies ramp up smart tickets April 10, 2019 Old-school orange rail tickets could become a thing of the past as train companies ramp up the technology for paperless 'smart' tickets. Nine in 10 tickets offered around UK rail stations will be soon be available to buy paperless at busy stations such as Waterloo, Brighton, Gatwick Airport, Edinburgh Waverley and Glasgow Central following upgrades to the [...]
Transport heads raise concerns over Sadiq Khan’s plans for TfL takeover of Network Rail April 9, 2019 Leading Assembly members have raised concerns over Sadiq Khan’s headline-grabbing plan for Transport for London (TfL) to take over key routes and stations from Network Rail in London. Last month the London mayor said responsibility and funding for key rail assets such as tracks and stations should be transferred to the transport body to plug [...]
Demand for flights to UAE and Europe drives Stansted passengers numbers April 9, 2019 The number of passengers using Stansted airport surpassed 28m in the year up to March, thanks to increased demand for flights to the UAE and Europe. Over 2m passengers used the London airport this March alone, which is a six per cent increase on the same month last year. The airport said it had seen [...]
Boeing commercial aircraft deliveries fall nearly one-fifth after 737 Max crashes April 9, 2019 Deliveries of Boeing commercial jets plummeted in the first quarter of 2018, as airlines around the world recoiled from the second fatal crash of its flagship 737 Max model in less than six months. In the first indication of how hard the world’s biggest plane maker has been hit by the fallout, Boeing said total [...]
British Airways settles long-running pensions battle with trustees April 9, 2019 British Airways has settled a long-running battle with the trustees of one of its staff pension schemes in a case that was set to go to the Supreme Court. The trustees of the nearly 25,000 member Airways Pension Scheme said today they had agreed to an out-of-court settlement to the dispute, subject to the approval of the [...]