Author: Stanford Ellis

Administrators appointed to Monarch Airlines Limited and Monarch Travel Group Limited

Blair Nimmo, Jim Tucker and Mike Pink from KPMG have this morning, Monday 2 October 2017, been appointed joint administrators to Monarch Airlines Limited. At the same time, Blair Nimmo, Jim Tucker and Steve Absolom from KPMG have been appointed joint administrators to Monarch Travel Group Limited. The Group’s engineering operation, Monarch Aircraft Engineering Limited, is not in administration and continues to trade normally. As a result of the insolvency proceedings, Monarch Airlines is no longer able to fly as its Air Operating Certificate has been suspended. Consequently, all flights operated by Monarch Airlines from the UK, and all...

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OSPT ALLIANCE WELCOMES CARDTEK AS FULL MEMBER

OSPT Alliance, a vendor neutral, global association chartered to help the transit, mobile and loyalty markets move towards an open infrastructure that enables secure, cost-effective and flexible fare collection solutions, today announced that it has added Cardtek to its membership base. Cardtek develops end-to-end payment solutions for banks, processors, telecom operators, retail and public transit services – serving over 150 customers across 28 countries worldwide. As a full OSPT Alliance member, Cardtek plans to develop and implement host card emulation (HCE) and near field communications (NFC) mobile ticketing solutions, based on OSPT Alliance’s CIPURSE™ Specification. CIPURSE is based on...

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McArdle International returns to Krone for ‘Dual-Temperature Control’

DG McArdle International, the Co. Monaghan-based ambient and temperature controlled transport specialists whose main distribution hub is in Dublin, have once again returned to Krone for a repeat order of Cool Liner refrigerated trailers. This time, the trailers are fitted with Krone’s new ISOwall moveable bulkhead, which is lighter and easier to operate and provides McArdle with optimum dual-temperature control. Operating throughout Ireland and Europe, McArdle’s modern fleet now includes 120 trailers – all of which are specified to the highest standard and fitted with GPS tracking systems – to enable real time vehicle monitoring anywhere in Europe. “We...

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WARNING THAT DIVERTING FUNDING AWAY FROM VITAL TECH & INNOVATION ‘CORRIDOR’ RISKS WEAKENING THE UK ECONOMY

Deputy Mayor of London and Mayor of Cambridgeshire & Peterborough join UK business leaders, senior academics and economists at the LSCC’s Annual Conference today at the British Library in London. Ahead of the Queen’s speech tomorrow, a warning given to Government that any deals with other parties should not come at the expense of the vital tech and innovation “corridor” which runs from the Capital up to Stansted and Cambridge. Calls for continued investment in major infrastructure projects such as Crossrail 2 amidst fears that taking funding from UK’s most economically productive regions could weaken economy as Brexit talks...

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Revolutionary 4,000mph solar-powered transport network planned for UK by 2040

A 4,000mph super-shuttle that will whisk passengers between London and Edinburgh in just eight MINUTES could be fully operational by 2040 as the dream of hypersonic public transport takes a “gigantic and unprecedented” step closer to reality. The ‘Hyper Chariot’ uses roller coaster-type technology to catapult car-sized capsules through airless concrete tubes at five times the speed of sound. It accelerates from 0 to 1,000mph in just 60 seconds using ultra-powerful electric linear motors that provide nearly double the sensation of acceleration as a Boeing 747. At its maximum velocity of 4,000mph, the Hyper Chariot will zip between London...

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