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NEWS FROM LONDON
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Posted on Friday, May 11th, 2012 That includes nearly £1.8 billion spent on duty free products, as well as payments to travel companies and spending on clothes, accessories, cameras and toiletries, and is equivalent to £532 per person. The study, carried out by the Centre for Economics and Business Research, was commissioned by Abta, the travel association, to highlight the economic [...]
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Posted on Friday, May 11th, 2012 Easyjet has signed deals with “most of the top 10 travel management companies” in the UK as it looks to continue its push for a greater share of the business travel market. The airline said it had completed agreements with leading TMCs including American Express, FCm Travel Solutions, Hillgate Travel and Portman Travel within the [...]
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Posted on Friday, May 11th, 2012 Transport secretary Justine Greening has again insisted that there will be no third runway at Heathrow. Greening, speaking at the ABTAAssociation of British Travel Agents Travel Matters conference yesterday, ruled out building the extra runway at Heathrow and also said the government would not give permission for the dual-use of the airport’s two runways which [...]
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Posted on Friday, May 11th, 2012 British Airways’ owner IAGInternational Airlines Group – the parent company of British Airways and Spain’s Iberia which was created by the merger of the two carriers in 2010 has seen its pre-tax losses increase by 460% to €263 million for the first three months of the year due to high fuel prices and a weak [...]
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Posted on Wednesday, May 9th, 2012 Major disruption is expected at UK airports tomorrow as immigration workers stage a one-day strike in a dispute over public sector pensions. The strike, which is set for 10 May, could start taking effect tonight due to some shifts starting this evening. Heathrow has already been experiencing major delays at immigration checks after security was [...]
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Posted on Wednesday, May 9th, 2012 The opening of Berlin’s new Brandenburg airport has been delayed “by several months” due to problems with the fire security systems, according to reports on Reuters and in the German media Brandenburg airport (airport code: BER) is intended to replace both Tegel (TXL) and Schonefeld (SXF). A major overnight operation was planned to move all [...]
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Posted on Friday, May 4th, 2012 Egencia has completed its acquisition of leading Nordic business travel agency VIA Travel. The Expedia-owned TMC said the purchase of VIA Travel which was initially announced in March, would give it a presence in more than 50 countries across the globe. Expedia CEO Dara Khosrowshahi said: “This transaction is almost entirely complementary to our existing [...]
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Posted on Friday, May 4th, 2012 Lufthansa Group has seen its operating losses double to €381 million for the first three months of the year as it looks to cut 3,500 administrative jobs across its worldwide operations. The German aviation giant blamed high fuel costs and taxes for the €212 million rise in losses compared to the same period in 2011. [...]
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Posted on Friday, May 4th, 2012 Budget airline bmibaby will be grounded from September, with some routes being stopped from next month, IAG has announced. British Airways parent company IAG became the owner of bmi baby and bmi regional for a significant price reduction when it acquired bmi from Lufthansa Group for an undisclosed sum last month. The latest move by [...]
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Posted on Friday, May 4th, 2012 Tourists have named London the best city to visit in the world, according to TripAdvisor. The result is good news for London ahead of the Jubilee weekend, when an influx of visitors will arrive in the capital to witness the celebrations. Interest in the city has been building following last year’s royal wedding and in [...]
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