Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Airport chaos as shortages disrupt summer travel

Published

4 years ago

on

Airport chaos in Britain.

Staff shortages and labor strife are causing chaos at airports across Europe

Thousands of European flights have been cancelled, as workers strike during the busy summer season.

Pilots in Norway, Denmark and Sweden are planning industrial action later this month. Meanwhile, nearly a quarter of flights at Paris’ Charles de Gaulle have been cancelled.

German airline Lufthansa are also scrapping over 1,000 flights in July because of the staff shortages.

Aviation commentator Geoffrey Thomas says the world of pilots is not what it used to be.

“The pilots aren’t paid as well, they work longer hours and in more stressful conditions, particularly in low-cost airlines.”

AVIATION COMMENTATOR GEOFFREY THOMAS

The International Air Transport Association (IATA) believes pandemic-related shortages are dragging out, and causing the delays at several airports.

Some airports, like Dublin and Heathrow are recruiting additional screeners. Likewise, Schiphol in Amsterdam is raising staff wages.

Additional police will be hired in Spain to support passport control operations at busy airports.

“Working on the tarmac at an airport is one of the most dangerous operations in the world.”

AVIATION COMMENTATOR GEOFFREY THOMAS

Thomas believes a backlog in training is also causing disruptions, as holidaymakers seek to jet off for their summer break.

“Staff are wearing ear muffs and there’s all sorts of equipment moving at different speeds, it’s all very rushed to get airplanes turned around. To get someone to become a baggage handler, it takes months,” he says.

and tourist destinations including Madrid. read more

Related Topics:

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

Money

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

3 days ago

on

January 30, 2026

By

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations


The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker


Download the Ticker app

Continue Reading

Money

Wall Street slides as AI spending raises investor concerns

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives. Tune in for insights!

Published

3 days ago

on

January 30, 2026

By

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives.


Wall Street closed lower on Thursday, with the Nasdaq leading losses as investors questioned whether Big Tech’s massive AI spending will pay off. Microsoft shares tumbled after revealing record AI infrastructure costs, while Meta rallied on strong earnings and a bullish outlook.

Kyle Rodda from Capital.com joins us to explain what spooked markets, which tech names are holding up, and whether AI budgets are getting too big.

We also discuss rate expectations, macro risks, and what to watch in the upcoming earnings season.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Money

Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Published

5 days ago

on

January 28, 2026

By

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue


Download the Ticker app

Continue Reading

Trending Now