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Bombardier sheds 280 jobs, Schlumberger plans plant closure

The aerospace firm is to shed jobs, with hundreds more at risk at another manufacturing firm.

Saudi Arabia to invest $1bn in Virgin space companies

Investment of £760m into Richard Branson’s space companies will enable ‘next generation of human spaceflight’Saudi Arabia will plough around $1bn (£760m) into Sir Richard Branson’s Virgin space companies.The cash injection will be made to Virgin Galactic, The Spaceship Company and Virgin Orbit – with the option of $480m (£364m) of extra investment. Continue reading...

National Express motoring ahead after ditching trains [Subscription]

Getting off Britains railways appears to have been National Expresss ticket to prosperity.

Friday, 27 October 2017

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  • Saudi Arabia to invest $1bn in Virgin space companiesInvestment of £760m into Richard Branson’s space companies will enable ‘next generation of human spaceflight’Saudi Arabia will plough around $1bn (£760m) into Sir Richard Branson’s Virgin space companies.The cash injection will be made to Virgin Galactic, The Spaceship Company and Virgin Orbit – with the option of $480m (£364m) of extra investment. Continue reading...
  • Should black Americans boycott American Airlines? | Steven W ThrasherThe National Association for the Advancement of Colored People has issued a travel advisory warning African-American travels against the airline. What now?After a months-long investigation found “a pattern of disturbing incidents reported by African American passengers, specific to American Airlines,” the National Association for the Advancement of Colored People has issued a “national advisory alerting travelers – especially African Americans – to exercise caution, in that booking and boarding flights on American Airlines could subject them disrespectful, discriminatory or unsafe conditions”....

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  • Ryanair delays new hand luggage rulesIrish LCC Ryanair has postponed plans to cut its regular hand-luggage allowance from two pieces to just one, shifting the change from Nov. 1 this year to Jan. 15, 2018. read more
  • AAPA: IATA challenges privatized airport modelAirport privatization has been a failure that mostly leads to higher fares for airlines but no service benefits, a study soon to be released by IATA finds. read more

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