The U.K. aviation regulator’s proposal to cap fees charged by London’s biggest airports over the next five years risks driving away investors, threatening plans to ramp up runway capacity, Heathrow Airport Ltd. said.
Investigators are examining whether a wire smashed under a beacon battery cover caused a short- circuit that triggered a July 12 fire on a Boeing Co. 787 Dreamliner in London, a person familiar with the probe said.
Boeing Co. 787 operators are grappling with conflicting regulatory guidance after U.K. safety authorities called for the deactivation of an emergency beacon linked to a fire on a Dreamliner at Heathrow airport last week.
Barclays Plc, Britain’s second- largest bank, named Richard Taylor head of its investment banking division for Europe, the Middle East and Africa, replacing Tom King as the bank overhauls management of the unit.
William Morrison Supermarkets Plc , the U.K.’s fourth-largest supermarket chain, said it plans to follow Tesco Plc and complain about new advertisements by Asda, the grocery chain owned by Wal-Mart Stores Inc .
All U.K. airports were open today after a cloud of volcanic ash cleared, easing disruption that forced carriers including British Airways Plc and Continental Airlines Inc. to cancel more than 400 flights yesterday.
Volcanic dust from Iceland grounded flights in northern Germany as British Airways joined Ryanair Holdings Plc in arguing for a relaxation of rules that ban all operations in areas forecast to have the highest density of ash.