£3bn tax loss fuels travel ban backlash: Grounding of planes has blown hole in Treasury coffers

£3bn tax loss fuels travel ban backlash: Grounding of planes has blown a huge hole in Treasury coffers, new figures show Figures show the Treasury received £582million in APD between April ’20 and ’21 Wider economy has taken further hit of billions of pounds due to travel shutdown There is hope more European hotspots will … Read more

Three RNLI lifeboats save Lily B freighter from grounding in Wexford

These are the terrifying scenes as three RNLI lifeboats battled 20ft waves and force eight winds to prevent a stricken 4,000-tonne cargo freighter from being dashed upon the rocks during Storm Barbara.   The Lily B declared an emergency on Tuesday afternoon after it lost all power off the Irish east coast and was being pushed towards … Read more

Three RNLI lifeboats save Lily B freighter from grounding in Wexford

These are the terrifying scenes as three RNLI lifeboats battled 20ft waves and force eight winds to prevent a stricken 4,000-tonne cargo freighter from being dashed upon the rocks during Storm Barbara.   The Lily B declared an emergency on Tuesday afternoon after it lost all power off the Irish east coast and was being pushed towards … Read more

Tui strikes compensation deal with Boeing for grounding of 737 Max

Tui strikes compensation deal with Boeing for grounding of the 737 Max plane By Daily Mail City & Finance Reporter Published: 21:50 BST, 3 June 2020 | Updated: 22:38 BST, 3 June 2020 Tui said Boeing would provide compensation for a significant portion of the financial impact of the grounding of the 737 Max  Tour … Read more

British Airways will furlough workers on 80 per cent pay after grounding all flights at Gatwick

British Airways has struck a deal with its unions to suspend more than 30,000 cabin crew and ground staff in one of the airline industry’s most dramatic moves yet to survive the coronavirus pandemic. With global travel in turmoil as the virus takes hold around the world, BA’s owner, IAG, said it would also cut … Read more

British Airways ‘to suspend 36,000 staff days after grounding ALL flights to and from Gatwick’

British Airways is expected to announce it will suspend around 36,000 staff as it battles to survive the coronavirus crisis.  The airline has reached a broad deal with the Unite union that will include the suspension of 80 per cent of BA’s cabin crew, ground staff, engineers and those working at head office. Crucially however, no staff … Read more

British Airways ‘to suspend 36,000 staff days after grounding ALL flights to and from Gatwick’

British Airways is expected to announce it will suspend around 36,000 staff as it battles to survive the coronavirus crisis.  The airline has reached a broad deal with the Unite union that will include the suspension of 80 per cent of BA’s cabin crew, ground staff, engineers and those working at head office. Crucially however, no staff … Read more