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Chris Grayling to advise ports operator in £100,000 role

The former transport secretary's part-time job is with the owner of Harwich and Felixstowe terminals.

Alstom reduces offer for Bombardier rail unit by $350m

French transport giant Alstom has announced that it will buy Canadian firm Bombardier's rail business for $350m (£270m) less than The post Alstom reduces offer for Bombardier rail unit by $350m appeared first on CityAM.

Thursday, 17 September 2020

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  • Boeing 'gambled with public safety' in run-up to two deadly crashesCost cuts and lack of scrutiny contributed to 737 Max disasters, say US politiciansBoeing jeopardised the safety of passengers by cutting costs on the development of the 737 Max and escaped scrutiny from regulators before software flaws contributed to two fatal crashes of the aircraft, according to a report by US politicians.The US manufacturer was forced to ground its bestselling plane after the crashes of a Lion Air 737 Max in 2018 and an Ethiopian Airlines jet in 2019. The crashes killed 346 people.

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  • British Airways owner IAG to cut more flightsBritish Airways owner IAG is cutting more flights over the next three months as it adjusts to the continuing collapse in demand for air travel. IAG, which also runs Aer Lingus and Iberia, said quarantine restrictions meant capacity this autumn would be 60% below 2019 levels. The group said it had seen a

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