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airport. now, this is a rare sight. gatwick other airports were, just a few weeks ago, talking up their expansion plans. virtually all of their slots were full. but all those static tail fins tell you that airlines and airports are suddenly in a very different era. if there's a vaccine or people feel comfortable about flying, then they will do. there will be a percentage of the population that are quite happy to jump on an aeroplane. but i think a proportion of the people who are not and because of the hassle through the airports, it's going to be momentous. bailing out an airline part owned by a billionaire is potentially toxic. so the government has insisted that virgin atlantic finds new investors before it gets emergency loans. the future for this iconic brand is uncertain. tom burridge, bbc news, at gatwick airport. now on bbc news, with all the latest on how the lockdown is affecting the leisure and travel industries, it's time for the travel show. hello, and welcome to the travel show. it's a chilled one for me this week
airport. now, this is a rare sight. gatwick other airports were, just a few weeks ago, talking up their expansion plans. virtually all of their slots were full. but all those static tail fins tell you that airlines and airports are suddenly in a very different era. if there's a vaccine or people feel comfortable about flying, then they will do. there will be a percentage of the population that are quite happy to jump on an aeroplane. but i think a proportion of the people who are not and...
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May 5, 2020
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airport. now, this is a rare sight. gatwickfew weeks ago, talking up their expansion plans. virtually all of their slots were full. but all those static tail fins tell you that airlines and airports are suddenly in a very different era. if there's a vaccine or people feel comfortable about flying, then they will do. there will be a percentage of the population that are quite happy to jump on an aeroplane. but i think a proportion of the people who are not and because of the hassle through the airports, it's going to be momentous. bailing out an airline part owned by a billionaire is potentially toxic. so the government has insisted that virgin atlantic finds new investors before it gets emergency loans. the future for this iconic brand is uncertain. tom burridge, bbc news, at gatwick airport. iata, the group that represents airlines around the world has recommended that all passengers wear masks while flying, but it's expressed concern about the way social distancing can be ensured on board. aer lingus, which is based in dublin
airport. now, this is a rare sight. gatwickfew weeks ago, talking up their expansion plans. virtually all of their slots were full. but all those static tail fins tell you that airlines and airports are suddenly in a very different era. if there's a vaccine or people feel comfortable about flying, then they will do. there will be a percentage of the population that are quite happy to jump on an aeroplane. but i think a proportion of the people who are not and because of the hassle through the...
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May 6, 2020
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happier times, when sir richard branson launched his airline virgin atlantic at gatwick airport.restrictions lift, the airline will not run any flights in and out of gatwick.
happier times, when sir richard branson launched his airline virgin atlantic at gatwick airport.restrictions lift, the airline will not run any flights in and out of gatwick.
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May 1, 2020
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idea that ba might merge tourism flights from gatwick into a single hub here at heathrow indicates how hard the long—term hit to business travel at this airport gatwick could be quite devastating in terms of the number of flights unless it's replaced by another major airline, say, eastjet moving out of its luton base and taking up the vacuum that's treated there. large job losses would always invoke an angry response, but at a time when the economy's been turned on its head, it's been met with the level of vitriol rarely seen. tom burridge, bbc news, at heathrow. just a few weeks ago captain tom moore was unknown — now he's a national hero, a one—man fundraising machine as prince william described him. his simple goal was to walk a hundred laps of his garden to raise money for nhs charities before his 100th birthday — which was on thursday. well, he's made it many, many times over — the fund stands at more than £30 million. the tributes have been pouring in, as you can imagine. david sillito reports. # happy birthday to you! # happy birthday, captain tom, daddy, grandpa # happy birthday to you #. cheering i never, ever anticipated, ever in my
idea that ba might merge tourism flights from gatwick into a single hub here at heathrow indicates how hard the long—term hit to business travel at this airport gatwick could be quite devastating in terms of the number of flights unless it's replaced by another major airline, say, eastjet moving out of its luton base and taking up the vacuum that's treated there. large job losses would always invoke an angry response, but at a time when the economy's been turned on its head, it's been met...
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out with 12,000 job cuts and basically saying that they might not restart their operation at gatwick airporte virgin atlantic saying 3000 jobs will go, they currently employ 10,000 people in the uk and they say they are gatwick operation will not restart, at least in the near to medium term. they will still keep some of the gatwick slots, not ruling overturning altogether, but they are going to cut the size of their of aircraft down, that the standard for a i rcrafts down, that the standard for aircrafts at the moment —— standard for airlines at the moment. they say they hope to restore about 60% of flight they hope to restore about 60% of flight capacity by the end of the year. but it is all very uncertain, airlines across the board or haemorrhaging cash and on real problems and in the case of virgin atlantic, they are going through a process with the government where they are applying for emergency loa ns, they are applying for emergency loans, that is ongoing. if hired an investment bank to attract new investment bank to attract new investment and get the private sector to stump up some of
out with 12,000 job cuts and basically saying that they might not restart their operation at gatwick airporte virgin atlantic saying 3000 jobs will go, they currently employ 10,000 people in the uk and they say they are gatwick operation will not restart, at least in the near to medium term. they will still keep some of the gatwick slots, not ruling overturning altogether, but they are going to cut the size of their of aircraft down, that the standard for a i rcrafts down, that the standard for...
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gatwick, it is a blow. not a knockout punch and that is because virgin atlantic was the ninth biggest airline at this airportritish airways is the second biggest customer for gatwick and if that airline, as it has indicated, we re that airline, as it has indicated, were to pull out also from gatwick, that would be a bitter blow but the scene behind me says it all, tail fin at the tailfin scene behind me says it all, tail fin at the tail fin static, not going anywhere and those aircraft are not earning any money. tom, thank you very much. and staying with airlines... aer lingus — which operates daily flights between belfast and london — has announced it will put on five more flights a week, after images of a nearly full plane emerged yesterday. aer lingus's reaction raises some serious questions about how airlines are going to protect their passengers as the country emerges from lockdown in the coming weeks. here's our ireland correspondent emma va rdy. it was these pictures taken by a worker travelling from belfast to london which have added to mounting concerns over the way airlines are operating during the
gatwick, it is a blow. not a knockout punch and that is because virgin atlantic was the ninth biggest airline at this airportritish airways is the second biggest customer for gatwick and if that airline, as it has indicated, we re that airline, as it has indicated, were to pull out also from gatwick, that would be a bitter blow but the scene behind me says it all, tail fin at the tailfin scene behind me says it all, tail fin at the tail fin static, not going anywhere and those aircraft are not...
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May 5, 2020
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and it says it won't restart its operations from gatwick airport — which have been suspended during theslehurst from bbc business. the going to cut nearly 30% of their workforce, 3115 jobs to the going to cut nearly 30% of their workforce, 3115jobs to get out of the workforce of some 10,000. this in the back british airways announcing that it may have to cut 12,000 jobs and all of this in an environment where 80% of flying is reduced by 80% the world or some 17,000 has parked all around airports over the world. so this is an industry that is absolutely been clobbered by this virus and you can certainly expect to see more job cuts from more airlines to come. next, this is the bbc‘s transport correspondent, tom burridge. is supplied for umbrella dash bailout. as one senior executive from the la and put it to me tonight, they said normally they are good for casting but they simply do not have a reliable crystal ball and thinks that is an uncertainty in the do believe they can protect that they will not return to pre—pandemic levels until 2023. with that scene behind me, it says it all, we
and it says it won't restart its operations from gatwick airport — which have been suspended during theslehurst from bbc business. the going to cut nearly 30% of their workforce, 3115 jobs to the going to cut nearly 30% of their workforce, 3115jobs to get out of the workforce of some 10,000. this in the back british airways announcing that it may have to cut 12,000 jobs and all of this in an environment where 80% of flying is reduced by 80% the world or some 17,000 has parked all around...
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May 6, 2020
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virgin atlantic is cutting three thousand jobs in the uk and ending its operations at london's gatwick airporthe travel industry battles with the coronavirus fallout. the compa ny‘s founder, sir richard branson, has warned that the airline will collapse unless it receives government support. there are fears parts of latin america are quickly becoming the new virus hotspot, with the number of cases soaring. new pictures out of peru have revealed hospital systems aren't coping, while indigenous communities in neighbouring ecuador fear extinction. freya cole reports. in crowded corridors laying on floors, covid—19 patients with nowhere else to go in loreto, peru. the amazonian region is one of the country's worst effected, and doctors say they're not coping. translation: we are living in a terrible situation, a desperate situation. we see people die every day and we cannot deliver the necessary supplies. oxygen is running low and protective gear is lacking. three doctors from the region have died of the novel coronavirus. 17 others have requested a transfer to peru's capital city for better care.
virgin atlantic is cutting three thousand jobs in the uk and ending its operations at london's gatwick airporthe travel industry battles with the coronavirus fallout. the compa ny‘s founder, sir richard branson, has warned that the airline will collapse unless it receives government support. there are fears parts of latin america are quickly becoming the new virus hotspot, with the number of cases soaring. new pictures out of peru have revealed hospital systems aren't coping, while indigenous...
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heard from virgin atlantic that they are proposing to shed as many as 30,000 jobs to pull out of gatwick airporthave been waiting and the industry has been waiting and the aviation rescue package has had a deal that was the spoke for the circumstances and because the aviation will be critical to the recovery but also might be able to recovery but also might be able to recover it to any historian to make sense of normality. it is notjust about passengers on a plane but about passengers on a plane but about the goods that are imported or exported and making sure that our economy is supported to recover in the best possible ways the government should have acted a lot similar. the government can blame of course for a business that decides they do not want to take the support thatis they do not want to take the support that is there instead make people redundant, there could be issues predating covid—19 and they are accelerating redundancies as a result but the government had a package of support and place to make sure that operators had no reason to say the government did not do enough when it is ne
heard from virgin atlantic that they are proposing to shed as many as 30,000 jobs to pull out of gatwick airporthave been waiting and the industry has been waiting and the aviation rescue package has had a deal that was the spoke for the circumstances and because the aviation will be critical to the recovery but also might be able to recovery but also might be able to recover it to any historian to make sense of normality. it is notjust about passengers on a plane but about passengers on a...
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May 5, 2020
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third of its staff that's over three thousand jobs- it be closing its operations at london's gatwick airport. the virgin group owner richard branson- h h been a asking if yu can government for a bailout that's been criticized it because he's one of the world's richest man. other airlines including british airways- and ryryanair hasas confirmed thouss of job cuts as well united airlinines reportedly y going te axing some 30% management positions. in the coming months many m more c could follow. revl in tourism council predicts the end could face. hundred million job losses linked to the coronavirus pandemic. and that brings us to the markets kate. absolutely welll strtreet back some of its earlier shaharper gains in session- still managing a positive close the dow jones was up that half percentage point at the closing bell the s. and p. five hundred nasdaq close 22% 1% each health care and tech stocks were the best performing. that was all shares of pfizer rising two point 4% at the close as it began- vaccine trials in humans earlier we saw the major european indices closed higher as well gai
third of its staff that's over three thousand jobs- it be closing its operations at london's gatwick airport. the virgin group owner richard branson- h h been a asking if yu can government for a bailout that's been criticized it because he's one of the world's richest man. other airlines including british airways- and ryryanair hasas confirmed thouss of job cuts as well united airlinines reportedly y going te axing some 30% management positions. in the coming months many m more c could follow....
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virgin atlantic is cutting three thousand jobs in the uk and ending its operations at london's gatwick airporthe travel industry battles with the coronavirus fallout. the compa ny‘s founder, sir richard branson, has warned that the airline will collapse unless it receives government support. the biggest broadcaster in the philippines has gone off—air, after it was ordered by the country's media abs—cbn, said it had been told it could continue broadcasting while it waited for congress to renew its licence, but the regulator said, it must stop today. this is the moment it stopped broadcasting: signing off. applause that is inside the broadcaster's headquarters in manilla. the channel has in the past angered president duterte. that fact may not be unconnected with the present situation. steve butler is the asia program coordinator for committee to protect journalists, hejoins me from washington. thank you for your time, what do you make of this? the president said in december that he was determined to shut down the network and while he claims that he had nothing to do with the decision today, it
virgin atlantic is cutting three thousand jobs in the uk and ending its operations at london's gatwick airporthe travel industry battles with the coronavirus fallout. the compa ny‘s founder, sir richard branson, has warned that the airline will collapse unless it receives government support. the biggest broadcaster in the philippines has gone off—air, after it was ordered by the country's media abs—cbn, said it had been told it could continue broadcasting while it waited for congress to...
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came as virgin atlantic announced plans to cut more than 3,000 jobs and end its operation at gatwick airport a blunt message to airlines and travel providers. sitting on £7 billion of customers‘ money and inventing scams like telling people to claim online or by telephone and then not answering those calls is a breach of the 2018 regulations, which require a full refund within14 days, and they must do that. but will they also stop their pyramid selling of phantom flights which will never happen, taking customers‘ money and then not refunding them? is this just not fraudulent? the minister said customers who asked for refunds should get them, but the government also recognised the enormous demands on businesses. they've got very large volumes of such requests. and on the other side of that, they may not have availability of staff, who may be furloughed, and they have capacity constraints from social distancing. so the regulators are working very, very closely with the industry to find out what the problems are, to ensure that customers get their money back. the government and the civil aviati
came as virgin atlantic announced plans to cut more than 3,000 jobs and end its operation at gatwick airport a blunt message to airlines and travel providers. sitting on £7 billion of customers‘ money and inventing scams like telling people to claim online or by telephone and then not answering those calls is a breach of the 2018 regulations, which require a full refund within14 days, and they must do that. but will they also stop their pyramid selling of phantom flights which will never...
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virgin atlantic is cutting 3,000 jobs in the uk and ending its operations at london's gatwick airportcoronavirus fallout. the compa ny‘s founder, sir richard branson, has warned that the airline will collapse unless it receives government support. stay with us on bbc news, still to come:. india's plans for bringing home hundreds of thousands of people — including 40,000 students — stranded at british universities, by the lockdown. venezuela's health care, infrastructure and economy has collapsed. 0ur infrastructure and economy has collapsed. our people coping enough country where progress is in reverse? 0ur enough country where progress is in reverse? our world, venezuela falling backwards on bbc world news. angela merkel is facing the toughest challenge of her career. how to protect the health of her citizens and that of the german economy, which is lighted into the worst recession since the second world world, as europe's leaders relax restrictions and struggle with the same question, how far can they go? joinjenny helen question, how far can they go? join jenny helen bbc question,
virgin atlantic is cutting 3,000 jobs in the uk and ending its operations at london's gatwick airportcoronavirus fallout. the compa ny‘s founder, sir richard branson, has warned that the airline will collapse unless it receives government support. stay with us on bbc news, still to come:. india's plans for bringing home hundreds of thousands of people — including 40,000 students — stranded at british universities, by the lockdown. venezuela's health care, infrastructure and economy has...
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virgin atlantic announces 3000 job cuts and the end of services at gatwick airport as a result of thely measures will be relaxed this week. we must see further restrictions in new cases, hospital and icu
virgin atlantic announces 3000 job cuts and the end of services at gatwick airport as a result of thely measures will be relaxed this week. we must see further restrictions in new cases, hospital and icu
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May 6, 2020
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came as virgin atlantic announced plans to cut more than 3,000 jobs and end its operation at gatwick airport to airlines and travel providers. sitting on £7 billion of customers‘ money and inventing scams like telling people to claim online or by telephone and then not answering those calls is a breach of the 2018 regulations, which require a full refund within14 days, and they must do that. but will they also stop their pyramid selling of phantom flights which will never happen, taking customers‘ money and then not refunding them? is this just not fraudulent? the minister said customers who asked for refunds should get them, but the government also recognised the enormous demands on businesses. they've got very large volumes of such requests. and on the other side of that, they may not have availability of staff, who may be furloughed, and they have capacity constraints from social distancing. so the regulators are working very, very closely with the industry to find out what the problems are, to ensure that customers get their money back. the government and the civil aviation authority sho
came as virgin atlantic announced plans to cut more than 3,000 jobs and end its operation at gatwick airport to airlines and travel providers. sitting on £7 billion of customers‘ money and inventing scams like telling people to claim online or by telephone and then not answering those calls is a breach of the 2018 regulations, which require a full refund within14 days, and they must do that. but will they also stop their pyramid selling of phantom flights which will never happen, taking...
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May 6, 2020
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it's another major blow for gatwick, the second busiest airport in the uk, just days after british airwayss well. virgin's founder, sir richard branson, has warned the airline will collapse unless it receives government support. let's speak to ross ‘rusty‘ aimer, former pilot with 40 years of professional experience, now ceo of aero consulting experts. thank you very much for being on the programme. give us your ta ke on the programme. give us your take on the challenges facing the airline industry globally. virgin is the latest example of a company that is cutting thousands of staff and calling for financial thousands of staff and calling forfinancial aid. thousands of staff and calling for financial aid. obviously, virgin is not alone in this. as much as i try to paint a rosy picture with the airline industry, i failed to do so. i am afraid there is going to be extreme turbulence subhead for the airline in general and related businesses to the airline industry. that is the bloodline and our economy depends on travelling. however, u nfortu nately, we depends on travelling. however, unfort
it's another major blow for gatwick, the second busiest airport in the uk, just days after british airwayss well. virgin's founder, sir richard branson, has warned the airline will collapse unless it receives government support. let's speak to ross ‘rusty‘ aimer, former pilot with 40 years of professional experience, now ceo of aero consulting experts. thank you very much for being on the programme. give us your ta ke on the programme. give us your take on the challenges facing the airline...
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the airline will stop operating any flights at london's gatwick airport. delta is limiting seating capacity on planes by roughly 50% for the next two months. some window and aisle seats will be blocked off. middle seats have been blocked since mid-april actually. >>> disney, the parent company of abc7 today reported second quarter profits went down 91%. theme parks, hotel, and cruise ships are all closed during the pandemic, but shanghai disneyland is scheduled to reopen on may 11th. >>> as part of its efforts to get its most vulnerable residents off the street during the coronavirus pandemic, the city of oakland unveiled operation home base. it's an rv trailer community right next to the oakland coliseum. abc7 news reporter laura anthony has the story. >> a new neighborhood has emerged in the shadow of the oakland coliseum, one designed to provide shelter to the city's older or medically vulnerable homeless population. a safer place to live amid a pandemic. >> these are our unhoused residents from east oakland. >> oakland mayor libby schaaf unveiled opera
the airline will stop operating any flights at london's gatwick airport. delta is limiting seating capacity on planes by roughly 50% for the next two months. some window and aisle seats will be blocked off. middle seats have been blocked since mid-april actually. >>> disney, the parent company of abc7 today reported second quarter profits went down 91%. theme parks, hotel, and cruise ships are all closed during the pandemic, but shanghai disneyland is scheduled to reopen on may 11th....
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May 1, 2020
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british airways has told staff that its gatwick airport operation may not re—open after the coronaviruson, which is currently suspended, is roughly a fifth as big as its heathrow hub. as many nations grapple with the huge decision ple nty plenty more business news on our website. now, coronavirus: life after lockdown with lucy hockings. it's now been four months since the coronavirus was first identified in china. today, it is no longerjust a global health emergency but an economic and geopolitical one too. in coronavirus: life after lockdown, we've been looking at how the pandemic is reshaping the world and today we're going to focus on the middle east. no business in the region is immune to the dwindling number of customers, and while governments watch tax revenue shrink, the demand from citizens to do more to protect their health and livelihoods is only mounting. so what will life in the middle east look like after the lockdown is lifted? i'm joined by ceo of crescent pro sodium. mike singh, former senior director for middle east affairs on the us national security council and now an
british airways has told staff that its gatwick airport operation may not re—open after the coronaviruson, which is currently suspended, is roughly a fifth as big as its heathrow hub. as many nations grapple with the huge decision ple nty plenty more business news on our website. now, coronavirus: life after lockdown with lucy hockings. it's now been four months since the coronavirus was first identified in china. today, it is no longerjust a global health emergency but an economic and...
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May 5, 2020
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and it says it won't restart its operations from gatwick airport — which have been suspended during thec business. the going out to cut nearly 30% of their workforce, 3115jobs to go out of the workforce at some 10,000. this on the top of british airways and announcing that it may have to cut up to 12,000 jobs and all of this in an environment where 80% of flying is reduced by 80% all around the world and there are some 17,000 passenger jets all around the world and there are some 17,000 passengerjets all around airports all over the world. so it is an industry that has absolutely been clobbered by this virus and you can expect to see more job cuts from more airlines to come. next, this is the bbc‘s transport correspondent, tom burridge. virgin atlantic is trying to apply for a bailout from the british government and hundreds of millions of pounds potentially, that process is ongoing. as one senior executive put it to me tonight, they said normally they are quite good at forecasting, but the moment, they simply do not have a reliable crystal ball that makes things very uncertain and they
and it says it won't restart its operations from gatwick airport — which have been suspended during thec business. the going out to cut nearly 30% of their workforce, 3115jobs to go out of the workforce at some 10,000. this on the top of british airways and announcing that it may have to cut up to 12,000 jobs and all of this in an environment where 80% of flying is reduced by 80% all around the world and there are some 17,000 passenger jets all around the world and there are some 17,000...
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May 5, 2020
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virgin airlines has announced 3000 job cuts in its operations of london gatwick airport.ing. hugejob losses burridge. the airline industry is shrinking. huge job losses announced last week. today virgin atlantic said it plans to cut 3000 out of 10,000 jobs, a0% of pilots. virgin atla ntic 10,000 jobs, a0% of pilots. virgin atlantic is fighting to survive. it's applied for a bailout of hundreds of millions of pounds potentially. that process is ongoing, but as one senior executive of the airline told me tonight, they said normally they are quite good at forecasting but at the moment, they simply don't have a reliable crystal ball. things are uncertain but they predict that passenger numbers won't return until 2023. you can see behind me the tarmac, an empty runway. we've seen two flights take off in the last hour or so. they could be repatriation flights. it's been unclear, but think about the cost of maintaining those aircraft. parking them is pricey and at the moment, there if you making money. we were running a story of aer lingus running a full flight and now an intern
virgin airlines has announced 3000 job cuts in its operations of london gatwick airport.ing. hugejob losses burridge. the airline industry is shrinking. huge job losses announced last week. today virgin atlantic said it plans to cut 3000 out of 10,000 jobs, a0% of pilots. virgin atla ntic 10,000 jobs, a0% of pilots. virgin atlantic is fighting to survive. it's applied for a bailout of hundreds of millions of pounds potentially. that process is ongoing, but as one senior executive of the airline...
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the airline says it won't restart operations at gatwick, london's second airport, which have been suspendedecause of the coronavirus pandemic. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are the womens editor of the daily telegraph, claire cohen and former editor of fleet street, eve pollard. the front pages are divided on their choice of lead story — with a resignation, international comparisons — and economic news all vying to be top story. the lead story for the daily telegraph and its exclusive — is the revelation that professor neil ferguson, one of the architects of the lockdown in the uk, has stepped aside because he'd broken social distancing rules. the front page of the guardian shows that the uk's coronavirus death toll is now the worst in europe. 0fficialfigures prompt calls for an inquiry into the handling of the pandemic. the daily mirror leads on the same story with the headline "from bad to worst". the i also reports how the uk having the highest death toll in europe. but it quotes the foreign secretary dominic raab who ear
the airline says it won't restart operations at gatwick, london's second airport, which have been suspendedecause of the coronavirus pandemic. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are the womens editor of the daily telegraph, claire cohen and former editor of fleet street, eve pollard. the front pages are divided on their choice of lead story — with a resignation, international comparisons — and economic news all vying to be top...
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the airline says, it won't restart operations at gatwick, london's second airport, which have been suspended because of the global coronavirus pandemic. a draft government report has warned the us deathtoll could reach three thousand a day injune double the current rate. but president trump says, that's without the mitigation that's happening. india has reported its biggest daily jump in coronavirus cases and deaths. there were more than four thousand new infections with the worst affected areas in maharashtra and gujarat states. you are watching bbc news now. let's take a look back at today's downing street briefing, which was led by the foreign secretary, dominic raab and the deputy chief scientific adviser angela mclean. good afternoon. i'm joined by professor mclean chief scientific professor. first let me give an update on the latest data that we have unk rotavirus. i can report that through the governments ongoing monitoring testing problem as of today they have now been i million 83 , 842 test today they have now been i million 83,842 test for coronavirus across the uk including 85,80
the airline says, it won't restart operations at gatwick, london's second airport, which have been suspended because of the global coronavirus pandemic. a draft government report has warned the us deathtoll could reach three thousand a day injune double the current rate. but president trump says, that's without the mitigation that's happening. india has reported its biggest daily jump in coronavirus cases and deaths. there were more than four thousand new infections with the worst affected...
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branson is fighting for his life with virgin atlantic and the other is the future of smaller airports like gatwickelationship with ba. where will we be in a few years with virgin atlantic and smaller airports fighting for their life to mark john: it depends -- on -- fighting for their life? john: it depends. airlines and airports will have gone bankrupt in 12 to 18 months time or will have been nationalized. sure [ make indiscernible] the u.s. government was rick to make sure it protected airports. -- wic to make sure it protected airports -- quick to make sure it protected airports. exporter or ae in manufacturer who relies on the supply chain or a hotel or tourist business or university, you all rely on flight coming from heathrow, and unless we can get those up and running quickly, the whole u.k. economy will be suffering along in second gear. of: within the complexity cathay pacific or qantas and the unique relationship with you by, -- dubai, do you presume there will be government bailout of your industry, or a private market consolidation? john: i think it will be a combination. it is good f
branson is fighting for his life with virgin atlantic and the other is the future of smaller airports like gatwickelationship with ba. where will we be in a few years with virgin atlantic and smaller airports fighting for their life to mark john: it depends -- on -- fighting for their life? john: it depends. airlines and airports will have gone bankrupt in 12 to 18 months time or will have been nationalized. sure [ make indiscernible] the u.s. government was rick to make sure it protected...
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they have announced, stu, they are closing down their operations at gatwick airport. tish airways also says they haven't ruled out closing the operations at gatwick. terrible news for gatwick. virgin also, atlantic saying it is in the process of applying for emergency government loans. it is going to cut down its fleet from 45 to 35 aircraft by the summer of 2022. these airlines, absolutely decimated. stuart: no surprise. air traffic is down, what, 80, 90%. you can't keep jobs in place when you're business disappears. those are long term job losses. the whole travel industry is going to look completely different when we come out on the other side i think, okay? look at way fair. online furniture people. whoa, the stock is up 25%. you got to tell me why, lauren? lauren: what a winner. they reported earnings today. they see millions of new shoppers. they're shopping in all of the categories that they operate. sales are good at wayfair. i have ordered bounce houses. we have a lot of birthdays in april. basically all the cousins got a bounce house from wayfair from me, for
they have announced, stu, they are closing down their operations at gatwick airport. tish airways also says they haven't ruled out closing the operations at gatwick. terrible news for gatwick. virgin also, atlantic saying it is in the process of applying for emergency government loans. it is going to cut down its fleet from 45 to 35 aircraft by the summer of 2022. these airlines, absolutely decimated. stuart: no surprise. air traffic is down, what, 80, 90%. you can't keep jobs in place when...
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May 6, 2020
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also the people who are working for insta nce also the people who are working for instance at gatwick airportirgin and atlantic —— virgin atlantic leaves, british airways possibly abandons the airport as well. going worldwide, tens of millions of people depend on tourism, and while nobody is flying, in the developing world there are terrible problems because of course they rely on tourism. so there has to be a way found to restore tourism for the sake of everybody, really, emotionally as well as economically it is important. but the hope is, i think, that there will be some kind of path back to not quite normal, but a new normal where perhaps we area bit but a new normal where perhaps we are a bit more gentle, perhaps we spend longer in places and we don't just keep flying hither and thither. i was quite embarrassed, i have just been looking at my last dozen flights in the olden days when we used to go to airports and get on planes. these bookings, all short—haulflights, planes. these bookings, all short—haul flights, i don't planes. these bookings, all short—haulflights, i don't think i paid
also the people who are working for insta nce also the people who are working for instance at gatwick airportirgin and atlantic —— virgin atlantic leaves, british airways possibly abandons the airport as well. going worldwide, tens of millions of people depend on tourism, and while nobody is flying, in the developing world there are terrible problems because of course they rely on tourism. so there has to be a way found to restore tourism for the sake of everybody, really, emotionally as...
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May 28, 2020
05/20
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plans to cut more than 3000 jobs in the uk out of a total of 10,000, and to end its operation at gatwick airportite with the loss of nearly 3000 jobs. in the north of england, though, there is a brighter outlook, the sunderland plant is safe for now. the area is so dependent on this plant and the fact that now we have certainty about the future, fantastic news. it's brilliant news for the area and the workforce who work there, to save any redundancies, i suppose, but bad news for spain, isn't it? the car giant confirmed today that it's restructuring its global business as it deals with massive losses. it's certainly a pivot from the previous strategy that was very much based around expansion and hitting volume targets. now it's much more about doing things profitably. the global car industry was already struggling before this pandemic hit. the spread of coronavirus sent sales tumbling. production at the sunderland plant was suspended back in march but today's news has come as a huge relief for people here in the north—east. the first nissan bluebirds came off the line last april... nissan has be
plans to cut more than 3000 jobs in the uk out of a total of 10,000, and to end its operation at gatwick airportite with the loss of nearly 3000 jobs. in the north of england, though, there is a brighter outlook, the sunderland plant is safe for now. the area is so dependent on this plant and the fact that now we have certainty about the future, fantastic news. it's brilliant news for the area and the workforce who work there, to save any redundancies, i suppose, but bad news for spain, isn't...
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May 28, 2020
05/20
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plans to cut more than 3000 jobs in the uk out of a total of 10,000 and to end its operation at gatwick airportt 3000 jobs. the spanish government said the move was part of a new worldwide three—year restructuring plan. nissan says its plant in sunderland will remain open as a production base. here to talk about all that is our business correspondent ben thompson. easyj et festival, easyjet festival, looking at the other airlines, it's no surprise we we re other airlines, it's no surprise we were going to hear about restructuring from easyjet as well, tell us more. yes, you are absolutely right, no huge surprise but may be the scale of thejob huge surprise but may be the scale of the job cuts announced this morning will worry many. we have had reaction, as you would expect, from the unions, the pilots union calling itan the unions, the pilots union calling it an unnecessary knee jerk reaction. they say demand will pick back up and easyjet is acting too quickly first we heard from unite which says it is unnecessarily hasty. but if you look at the detail we have had from easyjet today, they talk
plans to cut more than 3000 jobs in the uk out of a total of 10,000 and to end its operation at gatwick airportt 3000 jobs. the spanish government said the move was part of a new worldwide three—year restructuring plan. nissan says its plant in sunderland will remain open as a production base. here to talk about all that is our business correspondent ben thompson. easyj et festival, easyjet festival, looking at the other airlines, it's no surprise we we re other airlines, it's no surprise we...
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May 1, 2020
05/20
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letter sent t airport staff seen by the bbc, the airline said that after a quarter of its pils -- about a quarter of its pilots cou los pandemic.s because of this the idea of abandoning gatwickltogether is radical. it would be a massive blow for that airport. it would mean effectively consolidating heathrow and have been speaking to today accuse the airline of opportunism. one cabinetry member said this is the chance ba bosses have been waiting for to stab hard-working colleagues in the back, corporate greed and total disregard for people's lives. a strongly worded union letter tonight to the pilots union sai it h to change course, toom ie.t ba said these are exceptional times and it has to otect the business in the long-term. host: stay with us here on "outside source or code still to co -- source." still to come, nasa revealing m tht detailed report yet on polar ice melting. held to mark the 100th birthday of captain tom moore and to honor his markable -- remarkable one million pounds -- more than 20 mils for u.k. charities. lion areomougnd images captur his birthday. ♪ walk on, walk on, open your heart, and you'll never walk mr. moore: it really is awesome, e h amount of
letter sent t airport staff seen by the bbc, the airline said that after a quarter of its pils -- about a quarter of its pilots cou los pandemic.s because of this the idea of abandoning gatwickltogether is radical. it would be a massive blow for that airport. it would mean effectively consolidating heathrow and have been speaking to today accuse the airline of opportunism. one cabinetry member said this is the chance ba bosses have been waiting for to stab hard-working colleagues in the back,...
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May 6, 2020
05/20
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airport. it will shut our operations there temporarily. gatwick'sst tenant, no region air shuttle, is fighting for a bailout, to relieve some of its heavy debt pile. global news 24 hours a day, on air and at quicktake by bloomberg, powered by more than 2700 journalists and analysts in i amthan 120 countries, ritika gupta. this is bloomberg. francine? francine: we are getting data out of the u.k., april construction pmi, actually, ugly number coming in at 8.2 instead of 21.7. that pma falling to 8.2, single digit, and the forecast was 21.7. i don't know whether it is having an impact on pound. it probably is. the focus on the bank of england tomorrow, a little bit different because the release will be at 7:00 a.m. tomorrow, that we , alsofrom the chancellor about putting an end to furlough because he is worried that households will get addicted. let's go back to our guest from allianz. briefly on the u.k., we heard from the chancellor that he is looking at possibly minimizing furlough time. is this going to be a concern across the western world, that
airport. it will shut our operations there temporarily. gatwick'sst tenant, no region air shuttle, is fighting for a bailout, to relieve some of its heavy debt pile. global news 24 hours a day, on air and at quicktake by bloomberg, powered by more than 2700 journalists and analysts in i amthan 120 countries, ritika gupta. this is bloomberg. francine? francine: we are getting data out of the u.k., april construction pmi, actually, ugly number coming in at 8.2 instead of 21.7. that pma falling to...
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May 1, 2020
05/20
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gatwick hub. a letter to pilots, the airline said there is no certainty that flights from the airport will ever resumeld come as a blow to london second busiest airport. virus hit tech. we look at how apple and amazon have said this quarter and what is coming up next. this is bloomberg. ♪ nejra: this is bloomberg, daybreak year. let us talk tech and amazon and apple which have both taken a hit from the corona virus pandemic. jeff bezos said the online retailer may incur a loss in the current quarter as it boost spending to keep legit sticks operations running smoothly and apple has skipped out on giving a forecast for the first time in more than a decade as it reported heartily revenue that grew just 1%. tim cook said the firm saw a pickup late in april however shares fell for both in extended trading. alex webb joins us now. great to have you with us. thank you for joining. if we look at amazon come in the past investors have been sanguine about amazon spending plans. will they take the same view over the spending they are having to do for the pandemic? >> i doubt it is the answer. in the past, they
gatwick hub. a letter to pilots, the airline said there is no certainty that flights from the airport will ever resumeld come as a blow to london second busiest airport. virus hit tech. we look at how apple and amazon have said this quarter and what is coming up next. this is bloomberg. ♪ nejra: this is bloomberg, daybreak year. let us talk tech and amazon and apple which have both taken a hit from the corona virus pandemic. jeff bezos said the online retailer may incur a loss in the current...
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May 20, 2020
05/20
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gatwick andom heathrow. do you see extra slots becoming available? robin: we see a path into more than one london airporte than i did then. guy: and you see what is happening with the legacy carriers. michael o'leary has been very outspoken on his perception of what is happening here. he doesn't see this as being a level playing field in terms of the ada being handed out to the likes of potentially -- of the aid being handed out to the a -- of potentially batons potentially lufthansa. robin: congress passed the c.a.r.e.s. act, and we received payroll support assistance, as did other airlines. to pay ouren used people and keep our people on. jetblue hasn't for like -- hasn't furloughed anybody. we kept everyone on the payroll. that commitment lasts through the end of september. when the economy comes back, the aviation industry is so important to help businesses and help people get going again. if you furlough everyone and there is no one around to fly the airplanes, it will just hinder the recovery. so the industry in the u.s. is very thank full for that. we are very thank full for that, and ready to ser
gatwick andom heathrow. do you see extra slots becoming available? robin: we see a path into more than one london airporte than i did then. guy: and you see what is happening with the legacy carriers. michael o'leary has been very outspoken on his perception of what is happening here. he doesn't see this as being a level playing field in terms of the ada being handed out to the likes of potentially -- of the aid being handed out to the a -- of potentially batons potentially lufthansa. robin:...
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May 22, 2020
05/20
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underground or the gatwick express to get into london to wherever they are supposed to isolate, so the whole purpose of isolation is defeated by the fact that all inbound visitors to uk airportssport to get to their destination. you have to look hard to spot planes moving at manchester. before the pandemic, the uk had of the biggest aviation sector in europe. the man running a lot of the ground operations here and at other airports says the quarantine could jeopardise people's jobs. these are devastating issues to lots of people who are now sitting at home bereft with anxiety about their livelihoods. the aviation sector is broad and wide. there are tens of thousands of people across the united kingdom directly involved in aviation, and there are many, many hundreds of thousands of people indirectly involved. the government says with the prevalence of the virus falling, a travel quarantine will be effective. it will, they say, prevent cases being imported. it's hoped it will be a short—term measure. but it casts further doubts on trips abroad this summer. tom burridge, bbc news, at manchester airport. our business correspondent katie prescott is here. doubt on trips abroad thi
underground or the gatwick express to get into london to wherever they are supposed to isolate, so the whole purpose of isolation is defeated by the fact that all inbound visitors to uk airportssport to get to their destination. you have to look hard to spot planes moving at manchester. before the pandemic, the uk had of the biggest aviation sector in europe. the man running a lot of the ground operations here and at other airports says the quarantine could jeopardise people's jobs. these are...
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May 1, 2020
05/20
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a letter i saw last night that british airways had sent to the trade unions that the base at gatwick airportat is just absolutely shocking news. what sort of help our governments around the world offering to the aviation industry? in europe, and this is something michael 0'leary of ryanair is very exercised about, they are actually, well he calls them enormous bungs to aviation companies. there are billions of euros going towards european airlines, which ryanair says they will be subsidising airfares with taxpayers' money for the next few yea rs. taxpayers' money for the next few years. but, of course, other airlines here are taking advantage of thejob retention airlines here are taking advantage of the job retention scheme. that is certainly helping easyjet and british airways at the moment, although very sadly a number of those british airways staff who are currently being furloughed may find they are made permanently redundant. but the industry is reallyjust wanting clarity more than anything else on what happens when we start again. i havejust spoken else on what happens when we start ag
a letter i saw last night that british airways had sent to the trade unions that the base at gatwick airportat is just absolutely shocking news. what sort of help our governments around the world offering to the aviation industry? in europe, and this is something michael 0'leary of ryanair is very exercised about, they are actually, well he calls them enormous bungs to aviation companies. there are billions of euros going towards european airlines, which ryanair says they will be subsidising...