Boeing shares tumble after Air India plane crash
Boeing shares tumble after Air India plane crash
The US-based airplane manufacturer, which has been blighted by safety issues in recent years, saw shares drop as much as 8%.
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Scottish Sun
5 hours ago
- Scottish Sun
Huge city centre Wilko store sat empty for years to undergo major transformation into ‘state-of-the-art attraction'
The new development could bring a sense of community back to the high street STORE RESTORED Huge city centre Wilko store sat empty for years to undergo major transformation into 'state-of-the-art attraction' Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A MAJOR renovation is set to revive an empty Wilko store in a busy town centre. The Bristol-based site has been empty since the chain closed down in October 2023. Sign up for Scottish Sun newsletter Sign up 2 Wilko closed down in October 2023, leaving hundreds of empty stores Credit: Getty 2 Bristol's empty Wilko store is set for an exciting development this summer Credit: Google A new development project could see the 25,000 square foot derelict building on Union Street be put to good use. The vast space has been let to The Climbing Hangar, with the company planning to turn it into a state-of-the-art indoor climbing facility, complete with bouldering facilities, coaching, and a social space for events. In an announcement on their website, the company wrote: "Climbers in Briz have a lot to get excited about" as they expands into their 11th location. They added: "We're on a mission to inspire bolder living through indoor climbing and that means everyone gets in on the action whether they're a first-timer, or a life-longer." They've promised "hundreds of epic climbs" spread over 10 unique climbing grades, plus a 50 degree Kilter board and a 40 degree Tension Board. It gives climbers a range of options suitable for beginners to experts, with more than 300 climbs available in the 26,000 square foot climbing gym. In addition to all of the climbing equipment, the space will also feature a fully equipped strength training gym. Whether you're getting stuck in, or just want to sit back and relax, the space will also boast a cafe, and a calendar of events for the local community. The exciting new development is scheduled to open towards the end of summer. Commercial property consultancy firm Hartnell Taylor Cook arranged the deal on behalf of landlord AEW. Why are so many shops going bust? Richard Saunders, a partner at the firm, told Bristol Live: "We are delighted to have secured The Climbing Hangar for this significant city centre site." "This deal reflects the ongoing shift in large retail spaces towards experience-led occupiers and The Climbing Hangar will be a fantastic addition to Bristol, bringing fresh energy and activity to the area." The company first launched in 2011 in a Liverpool warehouse but has since expanded across the UK, including in Edinburgh, London and Southampton. Eager climbers can sign up early to get exclusive discounts on their monthly membership and the chance to win a free one year membership. With a passion for making the sport accessible, the company offer unlimited climbing for a monthly fee - with no signing on fees, no minimum term contract, and a cancel any time guarantee. With all of their existing stores boasting nearly 5 stars, Bristolians have lots to look forward to. One review for their Plymouth site reads: "I've been coming here for 12 months now and I can't recommend it enough! Climbs to suit all abilities." Another 5 star reviewer at their London branch said: "Incredibly friendly staff, very great vibes and everything is well kept and taken care of." Others praised the social element of the sport, with a range of community-focused events held in the spaces. One said: "Always a great place to hang out with friends and have a good time." The development promises an exciting addition to Bristol's town centre, as high streets up and down the country struggle to survive. Changing consumer habits post-Covid, as well as increased costs, have seen businesses shutting up shop as high streets are left derelict and empty.
ITV News
7 hours ago
- ITV News
Air India crash: What we know about the Boeing 787 Dreamliner
An Air India flight travelling from Ahmedabad to London Gatwick crashed on Thursday shortly after take off. Aviation authorities confirmed the crash involved a Boeing 787 Dreamliner, an aircraft capable of carrying between 248 and 336 passengers across its three models. Faiz Ahmed Kidwai, the Director General of the Directorate of Civil Aviation said there were 232 passengers and 12 crew members onboard at the time. This is the first crash ever of a Boeing 787 aircraft, according to the Aviation Safety Network database. The Boeing 787 Dreamliner is described by the company as its "bestselling passenger widebody" with three models capable of accommodating between 248 and 336 passengers. Boeing claim the aircraft has completed five million flights and transported more than one billion passengers, since it was first introduced in 2009. The 787 aircraft which crashed on Thursday was first flown in December 2013. Boeing claim the 787 Dreamliner was the first aircraft to use lightweight composite materials in it's construction, leading to a reduced weight and lower fuel usage compared to the aircrafts it replaced. It was also the first to make extensive use of lithium ion batteries, aLthough in 2013 this led to the entire fleet being grounded due to their overheating, which in some cases sparked fires. There are currently more than one thousand 787s in operation globally, according to the latest information from Boeing. Air India has 34 of the aircraft in its fleet, according to aviation analysts Cirium. The jet is flown by a number of other airlines serving the UK, such as British Airways, Virgin Atlantic and Tui Airways. Concerns about the safety of Boeing's 787s have previously been raised. A Boeing 787 Dreamliner operated by Ethiopian Airlines caught fire while parked at Heathrow airport with no passengers onboard in 2013 - an investigation found the fire was probably caused by a short circuit. In 2024, the US Federal Aviation Administration (FAA) investigated claims made by a Boeing employee that due to a change in the aircraft's manufacturing process the plane's structure was unsafe and prone to breaking apart mid-flight after extended use. The employee said due to parts of the aircraft arriving for assembly from different manufacturers, large elements often did not fit together perfectly. Denying these safety concerns, Boeing said there were "fully confident in the 787 Dreamliner because of the comprehensive work done to ensure the quality and long-term safety of the aircraft." They added that claims about the structural integrity of their aircraft were "inaccurate," and the FAA "has validated that the aircraft will maintain its durability and service life over several decades, and these issues do not present any safety concerns."
Business News Wales
7 hours ago
- Business News Wales
Merlin Cinemas Confirmed as New Operator for Rhyl Cinema
Independent national cinema operator Merlin Cinemas is set to take over the five-screen cinema in Rhyl town centre. The Cornwall-based independent operator has 21 other cinemas across the UK, including the Scala at Prestatyn. Denbighshire County Council said the company had a reputation for operating historic cinemas, as well as repurposed and modern buildings as cinemas, in communities often overlooked or underserved by larger cinema companies. Earlier this year, Merlin's founder and managing director, Geoff Greaves, was awarded an MBE for his outstanding contribution to the cinema industry – recognition of his 35 years spent championing the big screen in small towns. Following the closure of the cinema at the end of January, Denbighshire County Council has been working to attract an operator to the popular amenity on Rhyl's promenade. The announcement is subject to Merlin completing lease arrangements with Denbighshire County Council. Councillor Jason McLellan, Leader of Denbighshire County Council and Lead Member for Economic Growth & Tackling Deprivation, said: 'We're delighted to have Merlin on board to ensure that residents and visitors can enjoy a great day out in Rhyl. Once the lease is signed and Merlin have taken over, the cinema will play a pivotal role in the broader regeneration efforts in Rhyl town centre.' The council added that Merlin is working closely with the council to complete and sign the lease and with suppliers to assess the work needed behind the scenes before it can reopen. The firm is committed to improving the cinema, the council said, and enhancing the cinema experience for the local community. This may mean that the cinema reopens in phases. There will also be a new name, still to be announced. Geoff Greaves said: 'We're delighted to have been successful in our bid to operate this cinema. We're already familiar with the location because of our cinema four miles along the coast in Prestatyn, but when the opportunity came along, we jumped at the chance. We are doing everything we can to get the doors open so that the town has a cinema again. We really believe that seeing a film at the cinema on the big screen with family or friends is a very different experience to watching it at home; it is more memorable, more sociable and offers a sense of occasion.' Councillor McLellan said: 'The cinema itself is in a great location opposite Queen's Market Food Hall and event space, which will open on July 10, therefore this is a great opportunity to be part of an exciting time for Rhyl. As a council we're delighted to have found an operator to take over the site so quickly and we're looking forward to working with Merlin to secure the success of the facility. 'When it opens, I urge residents to support the cinema as well as other leisure facilities in the town – we need everyone to be backing our businesses to ensure their continued success.'
