Breaking News
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
BBC News
- Bombardier sheds 280 jobs, Schlumberger plans plant closureThe aerospace firm is to shed jobs, with hundreds more at risk at another manufacturing firm.
- London City Airport 400m re-vamp plans revealedThe airport marks its 30th anniversary by publishing artists' impressions of its redevelopment.
Financial Times
- Ryanair pilots to be balloted on group legal actionBalpa pilot association is gauging support for action to establish employment rights
- Monarch administrators to fight landing slot lossKPMG to seek judicial review to try to hang on to failed airline’s biggest asset
The Guardian
- 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”....
The Herald
- Monarch administrator seeks judicial review over slot salesKPMG has said it will initiate court action over the right to sell the ill-fated carrier’s take-off and landing slots.
Times Online
- Norwegian pledges to cut costs [Subscription]Norwegian, the airline offering cut-price fares to the US from British airports, has shrugged off speculation that it is in financial trouble by pledging to reduce costs further while also increasing its capacity.
- Passenger growth helps Heathrow profits take off [Subscription]Heathrow does not appear to be as full as has been claimed.
- Bombardier to cut 280 jobs in Belfast [Subscription]Bombardier is to cut 280 jobs from its Belfast aerospace plant in an attempt by its Canadian parent company to reduce costs.
- Monarch administrators seek ruling on rights to landing slots [Subscription]The administrators of Monarch Airlines are taking aviation industry authorities to court to get a ruling on whether they own valuable landing slots at Gatwick and other British airports.
City AM
- BA owner International Airlines Group reports increased profit and revenueBA owner International Consolidated Airlines Group (IAG) grew profit and revenue in the third quarter of the year, despite increased pressure due to terrorism and extreme weather events.
Mail Online
- Bombardier cuts nearly 300 jobs at its Belfast plant Downing Street has pledged to give those who lose their jobs full 'help and support' in the wake of the slew of redundancies.
This is Money
- Bombardier axing 280 jobs in Belfast as Boeing row grows The firm is cutting non-production jobs at the Northern Ireland plant as part of 7,500 layoffs worldwide announced last year.
Birmingham Post
- Airline to create 120 jobs at Birmingham Airport - here's how to applyRecruitment drive started after operator decides to take ground crew roles in house
London Evening Standard
- Passengers told to arrive early as new security checks begin on all US-bound flightsPassengers flying to the US will face enhanced security checks before boarding from today onwards.
- London City Airport unveils 400m redevelopment plans to mark 30th anniversary London City Airport has marked its 30th anniversary by unveiling artists' impressions of a planned 400 million redevelopment.
Other Regional Press
- Fuel-leak scare prompts emergency response at Southampton Airport EMERGENCY services rushed to Southampton Airport this morning after a moving plane began leaking fuel.
C.N.N.
- China to overtake U.S. as largest air travel marketThe International Air Transport Association said it expects that half of the new passengers who will fly over the next 20 years will live in Asia.
Buying Business Travel
- Lufthansa to open daily Glasgow routeAirline announces new flights for 2018
- GTMC responds to Heathrow consultationReport 'demonstrates strong argument' for Gatwick
Aviation Industry
- 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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