Customers at London Gatwick and at Newcastle airports have reported that they are unable to check-in. Flight departures have also been disrupted. On Wednesday, issues in British Airways’ IT systems led to stranded passengers, flight delays and long queues at airports. International Airlines Group owned-British Airways apologized to customers for the disruption in service saying…
The development is significant since typically buyout funds focus on physically infrastructure. In contrast Digital Colony’s fund illustrates how investors are now seeking assets that support the digital economy. According to sources familiar with the matter at hand, private equity firm Digital Colony, which has the backing of U.S. real estate investor Thomas Barrack, has…
Britain plans on reducing the stacking of aircraft in its airspace and thus reduce carbon and noise pollution. On Friday, in a statement the British government stated, it will modernize its airspace and make the aviation sector greener by cutting the amount of fuel it burns by a fifth. Britain’s Department for Transport (DfT) said,…
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