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Travel
US rail operator claims Virgin Group suffered a ‘brand disaster’ during the pandemic
According to a company email, Sir Richard Branson’s Virgin Group is heading for "brand disaster" due to the difficulties it faced during the coronavirus outbreak. The lawsuit began on Monday and seeks $250mn.
Virgin's legal action in…
FirstGroup shares rise on the back of a strong bus and rail results
FirstGroup shares, the Aberdeen-based bus and train company, rose more than 17 percent on Thursday, after the company reported results that were well above market expectations despite losing a major rail contract.
FirstGroup's…
Orders from airlines indicate a resurgence in travel after the pandemic
In the first five month of this year, airlines placed orders for more than 1,200 new aircraft. This shows the resurgence of demand in the industry. Passenger traffic is continuing to recover in the aftermath of the pandemic.
According to…
WH Smith is betting on a strong travel demand this summer
WH Smith increased its profit forecast for the current financial period as it bets that strong travel demand will continue during the summer.
The retail chain, which sells everything from sandwiches to stationery and is located in…
As the private sector is pushed to the sidelines, rail nationalisation gains momentum
Last week, the nationalisation of TransPennine Express, a failing railway company, prompted rail industry representatives to call for a speedier process of awarding new contracts to the private sector.
Mark Harper, the Transport…
EU to delay fingerprinting, facial recognition at Dover
Fears that the introduction of facial recognition and fingerprinting checks at Dover could disrupt travel to the summer Olympics in Paris next year have led to the EU delaying its implementation.
This move will be discussed in June by…