Activity at Heathrow set to fall by 90% in April
(Sharecast News) - Heathrow airport predicted that passenger traffic would plunge by 90% in April due to the travel restrictions in place across the globe.
Read more(Sharecast News) - Heathrow airport predicted that passenger traffic would plunge by 90% in April due to the travel restrictions in place across the globe.
Read more(Corrects in 10th paragraph to show pay cut applies to 7,000 directly employed staff)By Sarah YoungLONDON, April 14 (Reuters) - Heathrow Airport, traditionally the busiest in Europe, forecast that passenger numbers would plunge by more than 90% in...
Read more(Adds detail, background)By Sarah YoungLONDON, April 14 (Reuters) - Heathrow Airport, traditionally the busiest in Europe, forecast that passenger numbers would plunge by over 90% in April, as coronavirus restrictions stop most people from traveli...
Read more(Sharecast News) - Property consultant Altus calculates that, of the £11bn in business rates relief granted in England, about £3bn will go to food retailers. A bailout package meant to prop up businesses facing closure is filling the supermarkets' coffers even as they enjoy record sales. Tensions were raised last week when Tesco, the biggest beneficiary, said it would pay a final dividend of £635m for 2019-20, about 15% higher than the City had expected. Chief executive Dave Lewis reminded critics that it related to performance before the virus drove food-buyers to the supermarkets. He also said that measures to keep Tesco running during the crisis would result in extra costs of £650m-£925m. - Sunday Times
Read more* Support sought for core routes* Budget carriers less likely to benefitBy Laurence FrostPARIS, April 10 (Reuters) - Major airlines are seeking operating subsidies for key routes once coronavirus restrictions are lifted, a leaked lobbying document ...
Read more* Support sought for core routes* Budget carriers less likely to benefitBy Laurence FrostPARIS, April 10 (Reuters) - Major airlines are seeking operating subsidies for key routes once coronavirus restrictions are lifted, a leaked lobbying document ...
Read moreUK BROKER RATINGS SUMMARY: Credit Suisse Downgrades HSBC To Neutral
Read moreLONDON MARKET OPEN: Travel, Oil Stocks Rise; Eyes On US Jobless Claims
Read more(Sharecast News) - The total number of Italians confirmed as still having Covid-19 increased a bit more quickly on Wednesday than on the day before.
Read more(Sharecast News) - Airlines are lobbying to amend the recently agreed carbon scheme designed to bring down the aviation sector's emissions as the Covid-19 coronavirus crisis makes it harder for carriers to meet their agreed targets.
Read more(Adds United Airlines on flight changes, new flight cuts, Germanwings closure, U.S. bailout talks)By Sarah Young and Tim HepherLONDON/PARIS, April 7 (Reuters) - Global airlines warned that 25 million jobs across the world could be at risk from the ...
Read more(Adds details, background)By Sarah YoungLONDON, April 7 (Reuters) - Global airlines warned that 25 million jobs across the world could be at risk from the coronavirus travel downturn and the industry's representative body said airline finances wer...
Read moreLONDON, April 7 (Reuters) - Britain's second-biggest holiday company Jet2 said it had cancelled all flights and holidays until mid-June as restrictions in place due to the coronavirus pandemic show no sign of easing in the coming months.The UK cha...
Read moreLONDON MARKET MIDDAY: Stocks Leap As Spain And Italy Offer Virus Hope
Read moreUK WINNERS & LOSERS SUMMARY: Cineworld Rises On Plans To Preserve Cash
Read more