The UK’s oldest tour operator, Thomas Cook UK PLC, has collapsed tonight leaving thousands of holidaymakers abroad and up to 9,000 people in he UK without jobs. The group had been seeking a last minute rescue deal which included asking the government for help raising the £200m it needed to [read more]
Sources close to Thomas Cook PLC have suggested that hopes of a private rescue deal are all but over putting the company into the ‘final hours’. The news came as it emerged that the company has asked the UK Government to provide £200m in funding aid to prevent its collapse. [read more]
Airbus has hit a new milestone when it delivered its 9000th Airbus A320 family aircraft earlier this month. The aircraft, an Airbus A320neo (A20N) was delivered to leading low-cost carrier Easyjet (U2/EZY) on September 13th. The A320 family, and the newer A320neo family, are the second most popular airline in [read more]
Norwegian Air Shuttle has had the imminent financial pressure lifted by its bondholders agreeing to an extension on maturity. The trustees held separate bondholders’ meetings for NAS07 and NAS08 unsecured bonds and reported that at both meetings the vote went in favour for the proposed amendments. The amendments mean that [read more]
Hundreds of British Airways flights have been cancelled today as the airlines pilots start a two day walkout in a dispute over pay and conditions. The strike began at midnight local time and over 1700 flights have already been cancelled as a result and British Airways is advising passengers not [read more]
If you have seen strange shapes in the skies over Gloucestershire this week then you could be forgiven for thinking a UFO is to blame but the chances are it is the US Air Forces most secret aircraft, the B2 Stealth Bomber. A flight of 3 Northrop Grumman B2 Stealth [read more]
Leading UK airline Jet2 is to increase capacity on four key routes from Manchester Airport (MAN/EGCC) for Summer 2020 (S20). These routes that will see the increase are Manchester to Nice (NCE/LMFL), Almeria (LEI/LEAM), Corvera (RMU/LEMI) and Preveza (PVK/LGPZ). The four routes are currently operated by 189-seat Boeing 737-800 aircraft [read more]
Brazillian aircraft manufacturer Embraer turned 50 yesterday and the company celebrated with a special event bringing together employees, authorities and commercial partners at company’s São José dos Campos headquarters in Brazil. From humble beginnings, the company has grown to become the third-largest aircraft manufacturer after Boeing and Airbus and has [read more]
Delta Airlines (DL/DAL) is set to return to Manchester Airport (MAN/EGCC) next year as it starts to share the Manchester to Boston Route (BOS/KBOS) with Virgin Atlantic. Delta is set to begin flying the route from 21st May 2020 and it has now been confirmed that the route will be [read more]
Iceland is known as the land of fire and ice thanks to its location within the arctic circle and its geothermal activity making it one of the most contrasting places you can visit and that’s perhaps why its become so popular with Brits looking for an adventurous break. The Icelandic [read more]
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