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Travel hopes dashed – BA announces thousands of flight cancellations

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British Airways cancels thousands of flights through the month of July

Britain’s biggest airline told airport slot authorities that it was cancelling more than 650 flights from Heathrow and Gatwick in a bid to avoid repeating last month’s overcrowding and chaos, according to The Telegraph.

“As the entire aviation industry continues to face into the most challenging period in its history, regrettably it has become necessary to make some further reductions.”

BRITISH AIRWAYS SPOKESPERSON

Airlines and airports across Britain are dealing with a staffing crunch.

Layoffs and redundancies made during the pandemic have come back to bite air operators as demand for air travel surges.

On Monday, EasyJet’s Chief Operations Officer, Peter Bellew, resigned from his post amid thousands of cancellations in June.

EasyJet’s Chief Operations Officer resigned on Monday following thousands of EasyJet flight cancellations leading up to July

An EasyJet spokesperson said that Mr Bellew had “resigned to pursue other business opportunities”.

On Sunday, footage emerged of an EasyJet flight being escorted by a Spanish Air Force jet.

Spanish authorities said it was in response to a bomb threat, which later turned out to be a hoax.

The EasyJet flight from London Gatwick to Menorca landed without incident.

Passengers were screened one by one and bomb disposal experts checked all luggage.

Spanish authorities said an 18-year-old British man had posted the bomb threat to his social media page and was detained.

An EasyJet spokesperson thanked passengers for their understanding but did not go into further details.

Simon is a ticker NEWS corespondent in London. Simon started his career in his hometown of Sydney as a news video producer for NineMSN, then moved to the UK with Good Morning Britain on ITV, followed by a TV reporter for a local news service in Manchester in England’s north. Simon joins ticker News after several years in the London headquarters of ITN Productions as a news producer, and as an assistant news editor for ITV News.

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Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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Unpacking crypto ‘prop trading’

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What is crypto proprietary trading and how can it benefit you?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto CallsCheyne Kupfer.

In this episode, Cheyne sits down with Growth Partner at Crypto Calls, Jack Birkinshaw to talk all things prop trading.

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