
EasyJet completes huge rollout of new software in bid to improve efficiency
The UK's largest airline stated the Future Air Navigation System-C (FANS-C) shares real-time aircraft trajectory information with ATC providers, enabling more efficient route calculations.
This innovative system also allows controllers to relay instructions, such as "climb to 36,000 feet," via text rather than radio, thereby minimising misunderstandings and potential hold-ups.
EasyJet said it has retrofitted the programme on all 54 of its A320 and A321 neo family planes.
The carrier's new jets rolling off the Airbus assembly line are equipped with the technology as standard.
EasyJet said the software has saved it 334 tonnes of fuel since it began using it in 2019.
It said last month French ATC disruption was responsible for the majority of its delays this summer.
David Morgan, chief operating officer at easyJet, said: 'Technologies like Fans-C are not only essential for the modernisation of airspace, they will be critical in helping deliver meaningful reductions in fuel, carbon emissions and noise pollution.
'To maximise the potential of these technologies, it's critical that airspace reform is finally delivered, and this means more direct routes to help reduce congestion and delays.
'The UK Government has taken positive steps to redesign UK airspace – we now need those plans delivered swiftly here and across Europe so we can properly harness these technologies and capitalise on the environmental benefits they will deliver.'
The Department for Transport and the Civil Aviation Authority are establishing a group of aviation experts to work with UK airports on modernising airspace.
It is hoped this UK Airspace Design Service will launch by the end of the year.
A radar-related issue was blamed for a UK ATC failure by provider Nats on July 30 which forced the cancellation of more than 150 flights, disrupting thousands of passengers.
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Times
29 minutes ago
- Times
‘Try before you buy': the new property trend loved by the super-rich
'Madame,' Marcel Proust wrote to his noisy upstairs neighbour in the summer of 1915, 'I had ordered these flowers for you and I am in despair that they are coming on a day when… I feel so ill that I would like to ask you for silence… causing them to lose all their fragrance… and bristle with nasty thorns.' For many of us the ills of close-quartered London living are just as prosaic as they were for the French writer over a century ago, delicately navigating the upstairs harpist's playing and her dentist husband's drill, as he flattered them into a peace that would let him finish In Search of Lost Time, his masterpiece. However, a new trend might hold the answer, for the uber-wealthy at least. Prime and super-prime real estate agents — broadly defined as those selling properties over £5 million and £10 million respectively — are seeing a rise in high and ultra-high-net-worth individuals negotiating the right to 'try before you buy' — renting a luxury home before taking the purchasing plunge. Francesca Fox, the director of lettings at Sotheby's International Realty, says the trend started last year but has accelerated 'like wildfire' in 2025, driven mainly by international clients looking to relocate to London but increasingly concerned by high property purchase costs in the UK, potential changes to the non-dom rules, international wars and the whims of their own governments' attitudes to taxation and business. With such slings and arrows, it makes sense to keep their roots shallow, for now. It's not just Sotheby's that has spotted this trend — Knight Frank agrees it's on the rise. Tom Smith, the head of super-prime lettings, says that in the last fifteen months four properties have sold to their former tenants, with two more looking to buy having tried the approach. That might not sound like much, but this is a very small, niche market. Tom says that about 10 to 15 per cent of his clients are having these conversations now, whereas, 15 months ago, it 'just wasn't happening'. The deals can be structured in a few ways — a simple gentleman's agreement, a right of first refusal where a keen renter can buy if the owner decides to sell, or a purchase right built into a tenancy agreement, often with an agreed price or terms, but sometimes with the final price set once the tenant 'triggers' their option. As can be imagined when you're spending many millions, things are pretty bespoke — despite the growth in popularity, there's lots of flexibility in how these agreements are structured. Fox estimates that 80 to 90 per cent of the homes on her books were originally listed as sale only, but now she is offering them to rent. Tenants tend to test-drive their homes for no more than 24 months before deciding to buy, usually after 6 to 12 months. The majority of homes are rented furnished — if people are uncertain about long-term plans they don't want to invest in blinds, bookends and artworks. Although Fox says several super-prime homes have recently sold with the furniture included too, and those sellers have themselves gone on to rent fully furnished homes while they decide whether to buy a new place or relocate. Flexibility is the name of the game in today's market. • Read more expert advice on property, interiors and home improvement Psychologically this desire to try before we buy makes sense. We put far more effort into assessing risk — and therein avoiding loss — than we do into trying to gain something, says the consumer psychologist Dr Helen Watts. The type of person we are matters too. 'Some people are very high on what's called an external locus of control. And this means that if something goes wrong they find it much easier to say, well, it wasn't really my fault, it's to do with the environment,' she explains. 'But others have a high internal locus of control, where they feel that everything that goes wrong or right is to do with themselves.' It's these people, Watts thinks, who feel the pain of a loss more personally and are thus more likely to give a product — or a £20 million townhouse — a renting whirl first. And what of the properties themselves? Buyers are usually looking for six to eight bedrooms, Fox says. A lot of properties have pools, cinemas and private gardens. The wellness craze is driving an interest in spa facilities too — cold water pool plunges, saunas and, increasingly, hammam spas. The latest must-have is a private driveway because of the high rates of car theft, though some are mitigating that risk by simply hiring chauffeurs. One property on offer from Sotheby's is an eight-bed, nine-bath, 8,825 sq ft home on Sheldon Avenue in Highgate, north London. If a triple-height reception hall with a sweeping staircase and two galleried landings is your thing, it's available to rent on a short let basis for £25,000 a week. There's also a two-storey orangery and a pool. Another property currently looking for a tenant — and hopefully one who will ultimately buy — is 1 Hanover Terrace. With 6,730 sq ft of living space it's a touch larger than the average London home's 850 sq ft. Plus, there are six bedrooms and nine bathrooms, a cinema, gym, sauna, double garage and a separate mews house for staff — or all the friends who'll try to come and stay with you when you're living in Regent's Park. Its owner — the Addison Lee founder, Sir John Griffin — moved in in 2013. 'Living there is very peaceful. The view of the lake is mesmerising.' And has he had any problems with noisy neighbours? 'None whatsoever. If anyone misbehaves, I am sure that Damian Hirst [a neighbour] could place them in a tank.' Approaching his eighties and in search of a quieter life in the countryside, Griffin listed the mansion for sale at £29 million in 2022. It failed to sell and can now be rented for £75,000 a month. To top it off it was designed by John Nash in 1811, who also has Buckingham Palace on his CV. There are some potential downsides to all this flexibility. 'From a psychological point of view it can be very draining,' says Watts, highlighting how easily we now return everything from a cashmere jumper to a floor lamp — many of Ikea's items now have a full 365-day returns policy. 'We are in this perpetual state of questioning 'do I still want to own this?' and that can be quite wearing for consumers.' And what might have become of Proust if he had rented first, ditched his apartment at the first pluck of a harp string and spent more time writing. In Search of Lost Time, Volume Two perhaps?


Times
an hour ago
- Times
Labour can't let this Thames Water torture run on
There'd be no politics without juicy questions. So, how about this one: would it be better for Sir Keir Starmer & co to plunge Thames Water into the special administration regime (Sar) now? Or postpone that treat until just before the next election? Maybe that sounds hypothetical. But it's still the sort of puzzler that should be bubbling up in ministers' minds, despite the rescue deal being advanced by Thames's senior creditors. Yes, the A-class crew with £13 billion of the £16 billion senior debt are trying to put together a takeover that avoids all need for a Sar. And they say they are making progress over a fix for a business drowning in £17.7 billion of net debts and regulatory gearing of 84.4 per cent, rather more than the 'notional' 60 per cent favoured by Ofwat, the hapless regulator being axed after the Cunliffe review. Yet, even if a deal gets done, it'll only work if it's watertight: brimful of the sorts of pledges Daniel Kretinsky was forced into with his bid for Royal Mail. Ministers can't allow a creditor-friendly fudge that melts just as voters go to the polls. And that risk has only gone up since rival bidder KKR threw in the towel in June. It has left the creditors' bid the only game in town: 'a beauty contest judged by the ugliest contestant', as one observer put it. True, any deal outside of a Sar would require approval from 75 per cent of Thames's A-class creditors. Yet, two things would give you more faith in a non-Sar solution. First, if there was tension in the bid process overseen by the Thames chairman Sir Adrian Montague. And, second, if two of the key players driving the creditors' bid weren't Elliott and Silver Point: two hedge funds that bought in late to Thames's distressed debt and want a quick turn. Neither look ideal owners for a business that its present boss Chris Weston says 'will take at least a decade' to fix. Thames was duffed up last month by MPs on the environment committee, with its chairman, Alistair Carmichael, pointing to a lack of 'transparency' over the bid process and telling Montague: 'It is certainly not clear to me just in whose interests you are all working.' Montague defended himself, saying that KKR's bid was 'by far the strongest'; that it had demanded 'exclusivity', despite Ofwat's reservations over having one bidder; and that, since KKR pulled out, the creditors were 'making reasonable progress with their proposition'. Yet, there's plenty in this process that's odd. Despite granting KKR exclusivity, Thames also agreed to pay for all its due diligence, not typical in bids. Once it had walked out, too, Thames gave that research and a 290-page KKR report to the creditors. What happened next? Well, one of the losing bidders — CKI Infrastructure — is said to have told Montague that with KKR out of the frame it wanted back in for its own offer. It also asked to see KKR's due diligence. Montague's response? To tell CKI to talk to the creditors, with him admitting to MPs that 'we facilitated meetings'. The creditors span 100-plus institutions but a committee of 15 is leading their bid. They include the two hedge funds, plus Apollo, Pimco, Royal Bank of Canada and Assured Guaranty. CKI, which owns UK gas and electricity distribution networks as well as Northumbrian Water, is said to have met the two hedge funds, Apollo and Pimco. Their response to its plan to put in a bid? Well, apparently, to tell CKI to get lost, only in far fruitier language. The creditors deny that they dropped any F-bombs. Or that their key motivation with any bid is keeping the haircut on their debt to the minimum, even if they'd balk at the sort of waterboarding CKI is believed to think necessary of up to 50 per cent. The creditors would also say that CKI refused to share its plan; that it didn't want them co-investing with fresh equity; and that they'd worked jointly on some KKR due diligence anyway. There's a chance, too, that the creditors deliver a viable bid that the government and new regulatory regime approves. But their sighting shot looked a try-on: £3 billion of fresh equity and £2.25 billion of new debt, with a mere £3.2 billion haircut on their loans and all lower-ranking debt zeroed. Plus, being let off £1 billion of fines for past efforts on the pollution front. Whatever Cunliffe's calls for pragmatism to avoid a 'doom loop', there is an obvious riposte to that: why not cut another £1 billion off their debt? The creditors would also say that, with all debt holders given a pro-rata chance to participate in new equity, no hedge fund would hold a stake as big as 10 per cent. And a new board, under chairman Mike McTighe, would ensure orderly sell-downs of equity. The creditors also hope for a deal by the end of next month. The Treasury is keen to avoid a Sar, too, given that it would add to Rachel Reeves's problems. But the regime exists for a reason. Better to take the pain now and impose a buzzcut on the squealing creditors than let them string everyone along, not least Thames's 16 million customers, with a self-serving deal. Cut the debt via a Sar and there are credible long-term owners waiting in the wings, not least CKI. The government does have a choice. It needs to tell the creditors that if there's no workable deal by October, it's pulling the plug. Better a Sar than endless water torture. Orsted becalmed Life had stopped being a breeze for Orsted long before Donald Trump took power. But no question he's made things worse: he's the key reason for a $9.4 billion rights issue that sent its shares down 30 per cent. Halting construction of Equinor's Empire Wind project off New York spooked investors in Orsted's Sunrise Wind scheme, leaving it unable to sell down its stake. Trump has made his dislike of 'big, ugly windmills' clear, claiming: 'They kill the birds, they kill the whales.' There's no evidence for his latter claim. But Sunrise's do seem to be killing off Orsted investors.


Auto Blog
2 hours ago
- Auto Blog
Ford Rolls Out Tempting 2025 Escape Lease Deals for August
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Orders for the high-performance wagon reached an all-time high in the first half. View post: Audi RS6 Avant Is Having Its Best Sales Year Ever This month's lease specials make Ford's best-selling truck even more tempting for work and play. 'I'll definitely be picking up another one or two.' View post: Walmart Has a 'Sturdy and Stable' Plastic Shelving Unit on Sale for Just $29 The IIHS is urging action after recognizing a significant difference in traffic fatalities between the U.S. and Canada. A solid choice in a crowded segment The Ford Escape has been a fixture in the compact SUV market for more than two decades, blending practical size with a comfortable ride and useful tech. Over the years, it has evolved from a simple, boxy runabout into a sleeker, more refined vehicle that still nails the everyday utility shoppers want. That evolution has kept the Escape relevant despite fierce competition from the Toyota RAV4, Honda CR-V, Hyundai Tucson, and others. Ford's strategy for 2025 is to keep refining the Escape's strengths — and right now, to pair them with lease offers that could make it a serious contender for budget-conscious buyers. 0:04 / 0:09 The top 10 best value used cars in 2025 Watch More August lease offers sweeten the deal This month, Ford is offering a 2025 Escape Active AWD for $319 per month for 36 months with $3,319 due at signing. For those who prefer a lower upfront cost, there's also an offer at $399 per month for the same term, with just $399 due at signing. Ford Escape — Source: Ford By providing your email address, you agree that it may be used pursuant to Arena Group's Privacy Policy. We may receive compensation. The second deal also includes a complimentary two-year maintenance plan, easing some ownership costs. Both offers waive the security deposit. Taxes, title, and license fees are extra, but the pricing compares well against other AWD compact SUVs in this class. What's new for 2025 The 2025 Escape continues the model's recent design refresh, with clean lines, a broad grille, and LED lighting giving it a contemporary look. Inside, the cabin is functional but pleasant, with available contrast stitching, soft-touch materials, and a straightforward control layout. Ford Escape — Source: Ford Ford's SYNC 4 infotainment system remains standard, with a large, responsive touchscreen and wireless Apple CarPlay and Android Auto. Available features like a digital gauge cluster and a panoramic sunroof help it compete with more premium rivals. Why the Escape still works in 2025 Power comes from a standard 1.5-liter EcoBoost turbocharged engine paired with an 8-speed automatic, delivering solid fuel economy for the segment. Intelligent AWD is available, giving the Escape added confidence in poor weather or light off-road situations. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. 2025 Ford Escape — Source: Ford Practicality is another strong point — the Escape's rear seats slide to expand cargo space or legroom, and folding them down opens up plenty of room for weekend trips or bulky gear. Ford Co-Pilot360 driver-assist features are standard, adding a layer of safety tech that rivals sometimes reserve for higher trims. Final thoughts In a field packed with capable compact SUVs, the Escape still holds its own thanks to its balanced ride, flexible interior, and competitive tech. August's lease specials add even more appeal, whether you're looking for a low monthly payment or minimal cash due at signing. If a comfortable, versatile, and affordable AWD SUV is on your radar, this could be the month to give the 2025 Escape a serious look. *Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle. About the Author Elijah Nicholson-Messmer View Profile