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Call to stop Scotland's aerospace industry becoming 'critically damaged' through massive job cuts

SCOTLAND'S aerospace industry will be "critically damaged" if government does not take urgent action, according to a new analysis.

Ryanair flies again as pilots accept cuts [Subscription]

Ryanair endured a turbulent first day back in the air after the pan-European lockdown, with pilots backing down from a dispute over forced pay cuts but social media alight with claims that the airline is irresponsible in putting people in enclosed spaces on its planes.

Branson to put £200m into Virgin Atlantic as targets £1bn rescue deal

Some 3,150 out of 10,000 Virgin staff face the chop as the airline industry struggles amid widespread flight cancellations and question marks about how long it will take travel to return to pre-Covid levels.

Thursday, 02 July 2020

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  • Tesla becomes world's most valuable carmaker without making a profitElon Musk’s company outstrips Toyota on stock market as demand for electric cars soarsTesla has overhauled Japanese rival Toyota to become the world’s most valuable automotive company.Despite never having made a profit, the billionaire Elon Musk’s electric car manufacturer has been tipped by some pundits to achieve a valuation of more than $1tn (£800bn) as demand for electric vehicles soars. Continue reading...

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