Latest news with #ABM
Scottish Sun
2 days ago
- Scottish Sun
Lorry crashes into PLANE at Heathrow and pierces aircraft's body after ‘laughable mistake' by driver
' It's just so stupid and ridiculous' FINAL APPROACH Lorry crashes into PLANE at Heathrow and pierces aircraft's body after 'laughable mistake' by driver A LORRY has smashed into a grounded plane after a "laughable mistake" made by the driver. The lorry crashed into the body of the Saudia Boeing 787-9 at Heathrow Airport on May 28 - piercing the aircraft and leading to long delays. It came just minutes after passengers on the SVA105 flight from King Abdulaziz International Airport, Jeddah, Saudi Arabia, had departed the plane at Terminal 4 of the London-based airport at around 2:54pm. Baggage handlers at the scene described how the driver mixed up the pedals of the lorry and caused the damage. One said: "The driver must have probably been trying to perform a safety protocol manoeuvre where, when approaching the aircraft, they hit the brakes on multiple occasions. "They have a protocol where they have to fully stop several times when moving towards the aircraft. "I think he confused the accelerator for the brakes - smashing into the plane near stand 414. "The damage doesn't look that big but it pierced right through the body of the aircraft, which makes it a serious incident. "Fire fighters and the police came because even for a small technical error, everyone has to attend the site, so it becomes a major event. "That aircraft won't be able to go anywhere for a long time because they have to replace it and they have to be airtight to fly of course." The following flight from Heathrow to Jeddah was cancelled because of the damage, and passengers on the original flight suffered delays to their baggage reclaim. The baggage handler said: "I don't know what the damage is like within, but I presume ABM will be liable for the damage. "As the lorry was inching closer, instead of doing a brake check, it just accelerated forwards into the plane. "Everyone was shocked because all the work had to be stopped - it's just so stupid and ridiculous, it's almost laughable. "I think it took over an hour to remove the lorry from the airport. They have to take pictures and take down witness reports from everyone involved like the pilot, the driver and the airport staff. "It's very rare that it happened - some of us have more than 15 years experience of baggage handling and between us we've never seen anything like it." ABM and Saudia were contacted for comment.
The Irish Sun
2 days ago
- The Irish Sun
Lorry crashes into PLANE at Heathrow and pierces aircraft's body after ‘laughable mistake' by driver
A LORRY has smashed into a grounded plane after a "laughable mistake" made by the driver. The lorry crashed into the body of the Saudia Boeing 787-9 at Heathrow Airport on May 28 - piercing the aircraft and leading to long delays. Advertisement It came just minutes after passengers on the SVA105 flight from King Abdulaziz International Airport, Jeddah, Saudi Arabia, had departed the plane at Terminal 4 of the London-based airport at around 2:54pm. Baggage handlers at the scene described how the driver mixed up the pedals of One said: "The driver must have probably been trying to perform a safety protocol manoeuvre where, when approaching the aircraft, they hit the brakes on multiple occasions. "They have a protocol where they have to fully stop several times when moving towards the aircraft. Advertisement Read more on News "I think he confused the accelerator for the brakes - smashing into the plane near stand 414. "The damage doesn't look that big but it pierced right through the body of the aircraft, which makes it a serious incident. "Fire fighters and the police came because even for a small technical error, everyone has to attend the site, so it becomes a major event. "That aircraft won't be able to go anywhere for a long time because they have to replace it and they have to be airtight to fly of course." Advertisement Most read in The Sun The following flight from Heathrow to Jeddah was cancelled because of the damage, and passengers on the original flight suffered delays to their baggage reclaim. The baggage handler said: "I don't know what the damage is like within, but I presume ABM will be liable for the damage. "As the lorry was inching closer, instead of doing a brake check, it just accelerated forwards into the plane. "Everyone was shocked because all the work had to be stopped - it's just so stupid and ridiculous, it's almost laughable. Advertisement "I think it took over an hour to remove the lorry from the airport. They have to take pictures and take down witness reports from everyone involved like the pilot, the driver and the airport staff. "It's very rare that it happened - some of us have more than 15 years experience of baggage handling and between us we've never seen anything like it." ABM and Saudia were contacted for comment. 1 The lorry crashed into the body of the Saudia Boeing 787-9 at Heathrow Airport Credit: Getty Advertisement
Daily Mirror
2 days ago
- Daily Mirror
Lorry smashes into plane on Heathrow tarmac after driver's 'ridiculous' mistake
The vehicle crashed into the body of the Saudia Boeing 787-9 at Heathrow Airport on May 28 at around 2:54pm - piercing a hole in the aircraft and leading to long delays A driver lost control of a lorry which smashed into a grounded plane - after he 'confused the accelerator for the brake'. The vehicle crashed into the body of the Saudia Boeing 787-9 at Heathrow Airport on Wednesday at around 2:54pm, piercing the aircraft and leading to long delays. It came just minutes after passengers on the SVA105 flight from King Abdulaziz International Airport, Jeddah, Saudi Arabia, had departed the plane at Terminal 4 of the London-based airport. Baggage handlers at the scene described how the driver mixed up the pedals of the lorry and caused the damage. One said: "The driver must have probably been trying to perform a safety protocol manoeuvre where, when approaching the aircraft, they hit the brakes on multiple occasions. They have a protocol where they have to fully stop several times when moving towards the aircraft. I think he confused the accelerator for the brakes - smashing into the plane near stand 414. "The damage doesn't look that big but it pierced right through the body of the aircraft, which makes it a serious incident. "Fire fighters and the police came because even for a small technical error, everyone has to attend the site, so it becomes a major event. "That aircraft won't be able to go anywhere for a long time because they have to replace it and they have to be airtight to fly of course." The following flight from Heathrow to Jeddah was cancelled because of the damage, and passengers on the original flight suffered delays to their baggage reclaim. The baggage handler said: "I don't know what the damage is like within, but I presume ABM will be liable for the damage. "As the lorry was inching closer, instead of doing a brake check, it just accelerated forwards into the plane. "Everyone was shocked because all the work had to be stopped - it's just so stupid and ridiculous, it's almost laughable. "I think it took over an hour to remove the lorry from the airport. They have to take pictures and take down witness reports from everyone involved like the pilot, the driver and the airport staff. "It's very rare that it happened - some of us have more than 15 years experience of baggage handling and between us we've never seen anything like it." ABM and Saudia were contacted for comment.
Yahoo
2 days ago
- Business
- Yahoo
ABM Stock Surges 7%: Transformation, Strategic Moves Drive Gains
ABM ABM climbed 7% over the past month, outperforming the Zacks S&P 500 composite's 6% rally. This performance is partly due to a disciplined transformation strategy that's reshaped the company from the inside out. In 2015, ABM launched its bold transformation blueprint — dubbed the 2020 Vision — with a clear mission: to drive long-term, profitable growth through a streamlined, industry-focused operating model. The company centralized functions, built out sales infrastructure and standardized service delivery across high-demand verticals, including janitorial, engineering, HVAC, energy, and mission-critical services, becoming a more agile operator. In 2021, it launched ELEVATE, a next-gen strategic plan focused on digitization, data, and workforce development. The impact is stronger client traction and operational scalability. ABM Industries Incorporated price | ABM Industries Incorporated Quote ABM's 2024 acquisition of Quality Uptime marked a significant shift in the rapidly growing data center space. As AI demand spikes, so does the need for reliable, mission-critical infrastructure. Quality Uptime brings with it capabilities in electrical testing, UPS and breaker maintenance, and power distribution, critical systems for AI-driven facilities. This move elevates ABM to a full-suite provider for data centers, unlocking high-margin growth potential in one of the fastest-expanding segments of the tech industry. ABM is not just growing, it's rewarding. In fiscal years 2022, 2023, and 2024, the company distributed dividends of $51.9 million, $57.5 million, and $56.5 million, respectively. Additionally, it returned $97.5 million, $138.1 million, and $56.1 million through share repurchases in fiscal 2022, 2023, and 2024, respectively. These actions reflect ABM's dedication to enhancing shareholder value and its confidence in the business's long-term potential. With a current ratio of 1.52 versus the industry average of 1.31, ABM maintains a solid financial footing. Its strong liquidity ensures operational agility and reinforces investor confidence, especially in volatile market conditions. ABM has a Zacks Rank #2 (Buy) at present. Some other top-ranked stocks from the broader Zacks Business Services sector are Marqeta MQ and SPX Technologies SPXC, carrying a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Marqeta has a long-term earnings growth expectation of 28%. MQ delivered a trailing four-quarter earnings surprise of 24.4% on average. SPX Technologies has a long-term earnings growth expectation of 18%. SPXC delivered a trailing four-quarter earnings surprise of 8.3% on average. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ABM Industries Incorporated (ABM) : Free Stock Analysis Report SPX Technologies, Inc. (SPXC) : Free Stock Analysis Report Marqeta, Inc. (MQ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Irish Post
3 days ago
- Business
- Irish Post
Facilities solutions provider ABM wins €10m cleaning contract for Galway hospitals
A LEADING facilities solutions provider has won a lucrative contract to provide cleaning services across a number of hospitals in Galway. US-headquartered ABM has been awarded a new healthcare contract worth €10m with Ireland's Heath Service Executive (HSE). Under the contract, up to 350 staff who worked for the previous contract holder are transitioning to ABM to provide cleaning services across eight Galway hospitals - which include critical environments such as operating theatres and intensive care units. University Hospital Galway is one of eight hospitals under the contract The contract will see ABM work across all facilities at University Hospital Galway, Merlin Park University Hospital (MPUH), the Adult Acute Mental Health Unit (AAMHU) and five HSE administration buildings in Galway City. It also includes work on the newly opened outpatients department and cystic fibrosis unit at MPUH. 'With the delivery of this contract, ABM is supporting the Department of Health's Waiting List Initiative to deliver reductions in waiting lists by having cleaning operatives available for out of hours clinics,' a HSE spokesperson explained. 'We have found ABM to have an extremely professional approach to providing cleaning services at the two public acute hospitals in Galway city,' Geoff Ginnetty, Services Manager at Galway University Hospitals, said of their latest contract win. 'ABM has so far demonstrated a responsiveness to the requirements of our hospitals, in a busy and challenging healthcare environment. 'We look forward to building on this promising start, to develop a strong working relationship between Galway University Hospitals and ABM.' David Ferguson, Operations Director, All Ireland at ABM, said 'building on the success we have in the Irish healthcare sector by providing more facilities management services is part of our growth strategy'. He added that this was a 'key differentiator in our successful bid' for the lucrative contract. 'We are looking forward to working together with our new team of over 350 people to deliver exceptional services and ensure the highest standards of cleanliness and safety throughout this critical setting,' he added. Under the contract, ABM will invest €1m in new equipment, uniforms, training, and administration systems for their increased workforce. See More: ABM, Cleaning, Facilities, Galway, Hospitals
