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Good morning.
Ryanair has fired a contemporary salvo at airports because the row over this summer season’s journey chaos rumbles on.
Neil Sorahan, chief monetary officer, advised BBC radio that airports “had one job to do, and that was to ensure they’d enough handlers and safety employees”.
He added: “It’s incumbent on the airports to get their planning higher subsequent yr.”
It got here as Ryanair posted a revenue of €170m (£145m) within the three months to the top of June because of pent-up demand from holidaymakers.
However the price range airline warned of a “fragile” restoration forward because the threats of Covid and the Ukraine struggle proceed to hold over the sector.
5 issues to begin your day
1) Britain pressured to beg Belgium to maintain the lights on The Nationwide Grid’s emergency instruction got here as the market was roiled by surging costs forward of a looming winter disaster.
2) OneWeb sale dangers giving Chinese language a stake in spy division utilized by 5 Eyes Scrutiny is assumed to give attention to safety contracts which OneWeb runs on behalf of the Western allies.
3) Community Rail attracts up plans to reroute tracks in danger from rising sea ranges The corporate is beginning to determine traces near the coast most prone to changing into swamped and contemplating choices to mitigate the influence.
4) Hydrogen refuelling station to open on British motorway The developer Aspect 2 is putting in the ability on the M6 in Carlisle, in addition to at one other web site on the A1 in Northallerton.
5) Arms makers scramble to defeat Putin’s hypersonic missile menace The weapons can journey 5 occasions quicker than the velocity of sound and are at the moment extraordinarily troublesome to shoot down.
What occurred in a single day
Hong Kong shares began down this morning following losses on Wall Avenue. The Hold Seng Index dropped 0.5pc, the Shanghai Composite Index was flat, whereas the Shenzhen Composite Index on China’s second change additionally barely moved.
Tokyo shares opened decrease, with the benchmark Nikkei 225 index dipping 0.6pc.
Arising as we speak
- Economics: Chicago Fed nationwide exercise index (US)
- Company: F&C Invt Belief (interims); Vodafone (buying and selling replace)
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