More than 33,500 new aircraft worth £2.4 trillion ($4 trillion) will be needed over the next 20 years as the number of passengers rises threefold. The astonishing figures come from US aerospace giant Boeing as the Paris Air Show, the world’s largest gathering of aviation industry figures, gets...
Now is a good time for commercial property tenants to renegotiate rent and other lease terms, claims Chris Dawson, commercial lease specialist at Colliers’ Bristol office. He said: “When a property lease is approaching its expiry the capital value of the investment diminishes due to uncertainty over the projected income stream. For this reason we...
Airbus has dismissed claims by Jim Albaugh, head of US rival Boeing’s commercial jet division, that the European planemaker's upgraded single aisle A320neo will put it only “on par” with the larger versions of the rival Boeing 737. “There is not an airline in the world that believes that –...
GKN Aerospace in Bristol is to build wing parts for a new business jet for French group Dassault Aviation – its first major contract win since it took over Airbus’s Filton manufacturing operations three years ago. GKN will be responsible for the complete design, component manufacture and assembly of...
Bristol City Football Club has cleared one of the last hurdles with its controversial plans to build a new £92m 30,000-seat stadium at Ashton Vale in the face of fierce opposition from a group of local residents. It follows last night's decision at a Bristol City Council public rights of...
Airbus has secured commitments for just over 100 of its revamped A320neo single aisle airliner family ahead of next week's Paris Air Show. The European planemaker, which designs the wings of all its aircraft at its Filton plant in Bristol, has now notched up sales and options for its...
Bristol’s role as a creative and innovative powerhouse will be boosted by the opening of its £27m M Shed museum, key figures in the city proclaimed today. The M Shed, housed in the city’s former waterfront Industrial Museum, opens to the public tomorrow with 3,000 exhibits telling the story...
The strength of the demand for commercial property near the M5 has been underlined by national commercial property developer Gladman Developments which is describing its Portis Fields business park at Portishead as ‘a dream’. The company, which builds office parks close to motorway junctions all across the country, has just one...
Luxury leather goods firm Mulberry today revealed it is to expand its West factory, creating more than 50 jobs, as it reported a massive 358% increase in annual pre-tax profits. The manufacturing jobs, which will include apprenticeships for local school leavers, will help the firm meet ever-growing demand for...
Employment figures released today had the Government claiming strong new private sector jobs growth at the same time as experts were warning that a shock rise in the number of benefit claimants could herald tougher times ahead. In Swindon, unemployment edged down by 0.3% – or 450 people –...
Marketing services provider Communisis has paid £2.25m for the trade and assets of Orchestra Bristol Limited, which is currently in administration. OBL is a marketing services operation whose main business involves marketing communication and transactional mailing to support the issuing of around 25m TV licences annually, including some associated with...
Outset Bristol, a two-year project launched last November to offer free business start-up training and support to people living within Bristol City Council’s boundaries, is hosting a visit by a delegation of seven MEPs tomorrow. Outset has more than 200 people on its books and has helped to create...
Oxford Instruments, a leading provider of high technology tools and systems for industry and research, has spent more than £40m acquiring nanotechnology companies in Germany and the US. The Oxfordshire-based group, which has a plasma technology subsidiary focused on the engineering of micro and nano structures, at Yatton, North...
