Money

British Airways halts short-term Heathrow flights

Published

2 years ago

August 2, 2022

ticker NEWS

Britain’s flagship carrier is halting the sales of short-haul flight tickets from London Heathrow Airport

British Airways is temporarily pausing short-term flights from London’s busiest airport, as the summer holiday season wreaks havoc on the aviation sector.

The move follows a cap in daily passenger numbers travelling through London Heathrow.

The suspension of tickets will affect BA’s flights to a range of European destinations.

“As a result of Heathrow’s request to limit new bookings, we’ve decided to take responsible action and limit the available fares on some Heathrow services to help maximise rebooking options for existing customers, given the restrictions imposed on us and the ongoing challenges facing the entire aviation industry.”
British airways

The company says existing bookings will not be affected. However, thousands of travellers have been impacted by the disruptions, including delays, cancellations and lost luggage in recent weeks.

British Airways has cut nearly 30,000 flights because of staffing problems from its April to October schedule.

The scheduling changes come after staff shortages because of the pandemic, and staff getting sick.

Meanwhile, Heathrow Airport has also struggled with the rising number of passengers. Issues with its baggage handling systems have led to passengers losing their luggage for days on end.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

6 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending