Sarah's Feed
Nov 19, 2014

Fly us to the moon, UK space mission asks public

LONDON, Nov 19 (Reuters) – A British space venture is giving
ordinary citizens the chance to leave their mark on the moon in
a decade’s time while helping scientists scout a possible
location for a permanent base there.

Lunar Mission One launched a crowdfunding drive on Wednesday
to cover its start-up costs. By mid-morning organisers had
raised around 74,000 pounds, according to the Kickstarter
website, towards an initial target of 600,000 pounds ($940,000)
they aim to reach within a month.

Nov 18, 2014

EasyJet winter bookings rise as competition heats up

LONDON, Nov 18 (Reuters) – British low-cost airline easyJet
reported a small rise in winter bookings on Tuesday,
shrugging off concerns about an increasingly competitive
European travel market.

The company also posted a 21.5 percent rise in pretax profit
to 581 million pounds ($909 million) for the year ended Sept.
30, in line with an upgraded forecast it made last month.

Nov 13, 2014

Eurostar bets on new trains and destinations to grow

LONDON, Nov 13 (Reuters) – Eurostar is spending about 300
million pounds ($473 million) on seven new trains to reach more
distant destinations in an effort to lure more passengers from
aeroplanes to the Channel tunnel.

Exactly 20 years after it first connected London and Paris
and London and Brussels by rail, Eurostar on Thursday showcased
the new-look train as part of a fleet expansion and
refurbishment project costing 1 billion pounds.

Nov 12, 2014

Eurostar bets on new trains and destinations to win passengers

LONDON, Nov 12 (Reuters) – Eurostar is betting on new
destinations and bigger, wifi-enabled trains to lure more
passengers from aeroplanes to the undersea tunnel linking
Britain and mainland Europe.

Twenty years after it first connected London and Paris by
train, Eurostar will on Thursday showcase the first of a
ten-strong fleet of sleek Siemens trains at its
London base in St Pancras Station.

Nov 10, 2014

Serco plans rights issue after huge impairment charge

LONDON, Nov 10 (Reuters) – Britain’s Serco announced
a rights issue of up to 550 million pounds ($874.5 million)
after cutting its profit forecast and taking a 1.5-billion-pound
impairment charge, wiping a third off its share price.

The unscheduled announcement, which also included a plan to
cancel the dividend, sent the shares down as much as 35 percent.

Nov 7, 2014

British Airways owner IAG signals maiden dividend

LONDON, Nov 7 (Reuters) – British Airways owner IAG
laid out plans to pay a maiden dividend, coming of age three
years after it was created in a merger between BA and Spain’s
Iberia.

International Airlines Group said it was confident of
increasing profit by more than 10 percent a year between 2016
and 2020, on top of significant growth this year and next. As a
result it said it anticipated announcing next year that it would
start paying shareholders.

Nov 6, 2014

Qatar fund makes joint approach for Canary Wharf-owner Songbird

LONDON, Nov 6 (Reuters) – Qatar Investment Authority and a
U.S. investor have approached Canary Wharf-owner Songbird
Estates about a possible takeover, a deal which would
increase the sovereign wealth fund’s presence in London real
estate.

Songbird Estates is the majority owner of the
Canary Wharf estate, established some twenty-five years ago on
former docks as a new financial district. The company is also a
part owner of the landmark “Walkie Talkie” skyscraper in the
City, London’s traditional business area.

Nov 4, 2014

Wizz Air CEO says ready for IPO when markets pick up

LONDON, Nov 4 (Reuters) – Eastern European low cost carrier
Wizz Air will be ready to make another attempt at an initial
public offering (IPO) when the market improves, its chief
executive said on Tuesday.

Wizz postponed plans to list its shares on the London Stock
Exchange in June, with sources saying it was not able to get the
valuation it wanted.

Nov 3, 2014

Iceland’s Wow Air eyes more U.S. flights after cheap tickets fly

LONDON, Nov 3 (Reuters) – Icelandic low-cost airline Wow Air
is looking to fly daily from Europe to the United States, after
cut price tickets were snapped up for the five times a week
flights it will start from next year.

The airline offered tickets at 99 pounds one way from London
to Boston via Iceland starting from March.

Oct 31, 2014

British Airways owner confident on growth as rivals falter

LONDON, Oct 31 (Reuters) – The owner of British Airways and
Iberia raised its forecast for profits this year and said it was
on course for another rise in 2015 despite an increasingly
competitive backdrop that has hit rival European airlines.

International Airlines Group’s performance
contrasts with Air France-KLM and Lufthansa,
which have cut forecasts because of strikes and competition from
short-haul budget airlines and long-haul Gulf carriers.