Connect with us

Business

Airport chaos as shortages disrupt summer travel

Published

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

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.

Continue Reading

Business

Apple on its own as U.S. stocks make comeback

Published

on

U.S. markets have rallied after a disappointing week for investors. But what is Apple doing?

The Dow Jones is up around 548 points, marking a big comeback from its recent 2022 lows.

Overall, it was a broad-based rally, with Apple as an outlier.

The tech giant’s stocks were down about 1.3 per cent after reports the company is ditching plans to increase new iPhone production, as demand falls short of expectations.

The broad-based rally follows the Bank of England announcing it would buy bonds, to stabilise financial markets, a huge reversal in policy implemented by most institutions this year to tackle soaring inflation.

The move caused the pound to become more stable, after it had tumbled to a record low against the U-S dollar earlier in the week.

U-S yields retreated from their highest level in more than a decade – easing concerns that rates were growing too quickly and could damage the economy.

But what does this all mean for the future? It’s hard to say, but this move by the Bank of England could signal a change in policy for central banks around the world.

Continue Reading

Business

We know how the crypto market will recover, but when?

Published

on

$2.2 Trillion Institutional Crypto Price Prediction Reveals Bitcoin And Ethereum Could Be Poised For Recovery

The crypto market took a huge hit after the Federal Reserve’s announcement of quantitative easing, but one analyst is predicting that both bitcoin and ethereum could stage a recovery in the near future.

According to a report from investment firm JP Morgan, the two largest cryptocurrencies by market capitalization could see prices rise to $14,000 and $3,900 per coin, respectively.

This would represent a significant rebound from their current levels of around $10,000 and $200.

The report cites the recent influx of institutional investors into the crypto space as a key driver of this price growth.

With more and more big money players getting involved in crypto, JP Morgan predicts that the market could soon see a “new paradigm” of price discovery.

So far, crypto has been largely driven by retail investors, who are often more prone to emotional buying and selling.

With institutional investors coming in, there could be more stability in the market and less volatility.

JP Morgan’s report is just one of many bullish crypto predictions that have come out in recent months.

With more and more mainstream companies and financial institutions taking crypto seriously, it seems that the once-niche market is finally coming into the mainstream.

Continue Reading

Business

Virgin Atlantic ditches gender uniforms

Published

on

Virgin is now the most inclusive airline in the skies, thanks to its new gender-neutral uniform policy.

Pilots, cabin crew and ground staff are now free to wear whatever they feel expresses their individuality, whether that be traditional men’s or women’s clothing, or something more unique.

Previously women had to wear a red uniform and men wore burgundy and the airlines says that the change makes it “the most inclusive airline in the skies”.

The move away from gendered uniforms has been applauded by staff, and sets Virgin Atlantic apart as an airline that is championing inclusivity.

Jaime Forsstroem, a member of Virgin cabin crew, said: “The updated gender identity policy is so important to me. As a non-binary person, it allows me to be myself at work and have the choice in what uniform I wear.”

The airline is amending its “trans inclusion policies” which include time off work for medical treatments related to gender transition,.

It is also introducing an option to include pronouns on workers’ name badges.

 

Continue Reading

Trending Now

Copyright © 2022 The Ticker Company PTY LTD