Several production sites to close after slump in demand for jet engines
The jet engine maker Rolls-Royce made a record loss of £5.4bn in the first half of the year, after the collapse in international travel during the pandemic led to to a slump in demand.
The Derby-based company said it had originally expected to manufacture 450 engines during 2020 but now planned to deliver only 250.
Continue reading...S&P edges towards all-time record with oil prices and hospitality stocks rising as investor optimism rebounds
US stock markets moved closer to record highs on Tuesday after investors bet on a fresh round of government spending to lift the economy and counter the effects of the Covid-19 pandemic.
The S&P 500, seen as the broadest measure of US investor sentiment, raced to a 10-point gain by mid afternoon to leave it just 16 points short of the all-time high reached in February.
Continue reading...Dublin-based airline, previously criticised by German health authorities, denies accusations of non-compliance
Italy’s aviation regulator has threatened to ban Ryanair from its skies, alleging that the airline has not complied with rules brought in to tackle the coronavirus pandemic.
The Italian civil aviation authority Enac accused the Dublin-based airline of “repeated violation of anti-Covid-19 health measures drafted by the Italian government and in force to protect passengers’ health”.
Continue reading...Popular destinations include Nice and Faro despite coronavirus travel concerns
EasyJet has expanded its summer schedule after better-than-expected demand and says it expects to operate about 1,000 flights a day in August.
The budget carrier said popular destinations included Faro and Nice, along with city breaks such as Amsterdam and Paris. EasyJet will have 210 planes flying this month and expects to operate 40% of its capacity between July and September, higher than the 30% predicted at its first-half results.
Continue reading...At the start of the Covid-19 pandemic, the government failed to heed warnings from other countries, writes Giselle Green – it must not do so again. Plus letters from Phil Coughlin, Geoff Naylor, Heather Massie and David Wilkinson
Instead of waiting to see which countries experience a surge in coronavirus cases, I would hope that the government is actively looking into the reasons why. Among the factors being blamed for Spain’s spike are “a rush out of lockdown, opening the borders, patchy compliance with physical distancing, and inadequate contact tracing”, with outbreaks emerging from bars and clubs, and seasonal fruit and vegetable pickers (Why are travellers to the UK from Spain being asked to quarantine?, 28 July). With the exception of reopening nightclubs, it appears we are making the same mistakes as our Spanish neighbours. Right at the start of the pandemic we ignored the lessons of other countries, with devastating consequences. Let’s not do so again.
Giselle Green
London
• You report that scientists are “concerned” and “anxious” that a surge in Covid-19 infections in the coming winter months could be exacerbated by “normal winter illnesses” (Covid-19 new cases and deaths will remain high for weeks, warn UK health leaders, 29 July). I wonder if they have taken into account that the measures taken to control Covid-19, such as social distancing, hand washing and use of face masks, should be equally effective at reducing the spread of winter coughs, colds and flu, which hopefully may result in a less cataclysmic winter than they are forecasting.
Phil Coughlin
Houghton-le-Spring, Tyne and Wear
European countries are spending big to revive their economies, but they will have no legitimacy with young people if they ignore the climate
The future of Europe depends on climate action. This is the resounding message that young Europeans have delivered to their leaders over the past two years. To be sure, the wave of young climate activists across the continent, from Fridays for Future to Extinction Rebellion, is part of a global response to the climate crisis. But for the EU in particular, it is also a warning from a new generation of Europeans to their leaders: our European identity hinges on your climate policies.
For our parents’ generation, the European Union defined itself as a protector of peace, a fortress against fascism and a society of (relative) social security. For our generation – we are in our mid-20s – this narrative does not resonate. We came of age in a Europe of crises: a financial collapse, a panic over migration, a surge of populism. These formative moments gave the lie to the notion of a united European identity. To many of us, the EU appeared less a project of democracy, diversity or solidarity than one of bureaucracy, xenophobia and fracture. What is more, Europe’s responses to these crises were hardly material for a new common narrative. Just the opposite: the responses were the crises.
Continue reading...Quarantine measures for people travelling from Spain may be applied to other countries
Holidaymakers have been warned the government could impose “handbrake restrictions” on more countries beyond Spain in order to stop the spread of coronavirus – with travellers unlikely to be given much warning if further quarantine measures need to be enforced.
The restrictions on travellers returning from Spain after the measures were announced overnight threw summer holiday plans into disarray for British tourists, and will raise fears among those travelling to other European countries that they could face a similar turnaround at a moment’s notice.
Continue reading...Dominic Raab has defended the government's sudden decision to impose restrictions on holidaymakers returning from Spain after a surge in coronavirus cases in the country. Travellers will have to self-isolate for two weeks upon their return. The foreign secretary said the government would not 'make apologies' for the move as inaction could have risked a second wave in the UK
As airline moves to cut 12,000 jobs, senior crew told they will get 80% of current basic pay
British Airways has started carrying out its threat to fire and rehire thousands of workers – days after unions joined talks with a plan to save jobs.
Long-serving cabin crew were served notice this week to either accept an enhanced redundancy package within three weeks, or risk losing it by reapplying for a similar job at much lower pay.
Continue reading...Investors pump in funds, loans and deferrals alongside Branson’s £200m injection
Virgin Atlantic has announced a £1.2bn rescue deal to allow Sir Richard Branson’s grounded passenger airline to survive another 18 months and aim to return to profit in 2022, after four months without scheduled flights.
The privately funded recapitalisation package, a combination of cash injections, loans, and deferrals, was finally confirmed on Tuesday after weeks of talks with potential investors, after Virgin’s attempts to garner state support were rebuffed.
Continue reading...PIA will not be able to fly into the EU for at least six months because of doubts over validity of pilot licences
The European Union’s aviation safety agency announced today that Pakistan’s national airline would not be allowed to fly into Europe for at least six months after the country’s aviation minister revealed that nearly a third of Pakistani pilots had cheated during their pilot’s exams.
Pakistan International Airlines spokesman Abdullah Hafeez said PIA had not been flying to Europe because of the pandemic. But the airline had hoped to resume its flights to Oslo, Copenhagen, Paris, Barcelona and Milan within the next two months.
Continue reading...Airlines seeking urgent judicial review of policy that they say could cost thousands of jobs
Britain’s three biggest airlines have filed papers in the high court to seek an urgent judicial review of the government’s quarantine laws, which they say are having a devastating effect on tourism and the wider economy.
British Airways, easyJet and Ryanair say the rules, which came into effect on Monday and require passengers arriving from abroad to self-isolate at a single address for 14 days, are flawed and will cost thousands of jobs.
Continue reading...Study prompts further criticism that chances to suppress infection early in outbreak were missed
There was no “patient zero” in the UK’s Covid-19 epidemic, according to research showing that the infection was introduced on at least 1,300 occasions.
The findings, from the Covid-19 Genomics UK consortium, have prompted further criticism that opportunities to suppress the spread of infection in February and March were missed.
Continue reading...The US will bar Chinese passenger carriers from flying to the United States starting on 16 June as it pressures Beijing to allow US air carriers to resume flights, the Trump administration announced on Wednesday.
Related: Warren Buffett dumps US airline stocks, saying 'world has changed' after Covid-19
Continue reading...Budget carrier is imposing 20% pay cuts for flight crew and 10% for cabin staff
French flight crew have accused Ryanair of blackmailing them into taking pay cuts or losing their jobs.
The Irish airline, which has warned it may cut up to 3,000 jobs in Europe, told staff in France it was imposing 20% salary cuts for flight crew and 10% for attendants. Those who are already on legal minimum wages will have their hours reduced.
Continue reading...Major shift in border policy will require people arriving in UK to self-isolate for 14 days
The government has unveiled a major shift in border policy to be introduced next month in a bid to prevent a second wave of Covid-19 in the UK.
Continue reading...Passengers and crew must wear masks but middle seats will not be blocked
EasyJet is to resume a small number of flights on 15 June, with increased safety measures on board including mandatory wearing of face masks, as it returns to the skies after grounding its entire fleet on 30 March.
The airline initially will restart domestic routes in the UK and France where it says there is sufficient customer demand to support profitable flying. Further routes will be added in the following weeks, as and when passenger demand rises and lockdown measures ease further across Europe.
Continue reading...Airline apologises after credit card details of about 2,200 passengers were stolen
EasyJet has revealed that the personal information of 9 million customers was accessed in a “highly sophisticated” cyber-attack on the airline.
The company said on Tuesday that email addresses and travel details were accessed and it would contact the customers affected.
Continue reading...Aviation is struggling and seeking support, but there are demands for it to give something in return
“The political moment is now” to address the climate risks posed by the aviation industry, analysts, insiders and campaigners say, as governments across the world weigh up bailouts for airlines grounded by the coronavirus pandemic.
Rescue packages need to come with green strings, such as reduced carbon footprints and frequent flyer levies, they warn, or the sector will return to the path that has made it the fastest rising source of climate-wrecking carbon emissions over the past decade.
Continue reading...Video conferencing may have shown it can replace plenty of physical business gatherings over the past couple of months, but there are some occasions when it just doesn’t cut it.
Take this week’s easyJet general meeting, part of the latest in the series of sensational scraps between its founder, Sir Stelios Haji-Ioannou, and the budget airline’s board. It is hard to see how something will not be lost with everyone out of lapel-grabbing reach.
Continue reading...