Heathrow boss gives up bonus amid snow chaos

Heathrow boss gives up bonus amid snow chaos
LONDON — The boss of London’s Heathrow Airport says he will forego his Bonus this year, after the airport came under heavy criticism for snow-related disruptions. Colin Matthews, chief executive of airport operator BAA, says Wednesday he has decided to give up his Bonus and his focus is on "keeping people moving and rebuilding confidence in Heathrow." Heathrow, the world’s busiest International Airport, has been criticized for its inability to cope with the recent bout of snow...

Heathrow boss gives up bonus amid snow chaos
The boss of London's Heathrow Airport says he will forego his Bonus this year, after the airport came under heavy criticism for snow-related disruptions. Colin Matthews, chief executive of airport operator BAA, says Wednesday he has decided to give up his Bonus and his focus is on "keeping people moving and rebuilding confidence in Heathrow." Heathrow, the world's busiest International Airport, has been criticized for its inability to cope with the recent bout of snow that has hit Britain. Thous...

Heathrow boss declines bonus amid Europe travel chaos
The chief executive of the airport operator BAA, which is responsible for London's Heathrow, says he will not be taking his Bonus for 2010 following the Travel Chaos caused by heavy snow. Colin Matthews said he wanted to "focus on getting people moving," but refused to comment on the size of the Bonus he has declined. "I do not want to talk about my renumeration. I will be foregoing my Bonus for the calendar year 2010," he said. When questioned about a rumored "se...

Heathrow flights leaving, Dublin closed by snow
Image taken on Tuesday Dec. 21, 2010 British Airport Authority CEO Colin... London (AP) - Christmas travel rebounded Thursday in Britain after days of snow-related delays, with most services running normally at Heathrow Airport and Eurostar, but heavy snow shut down Dublin Airport. Dublin Airport suspended flights because heavy snow made the runway unsafe. Officials said the airport might reopen at 1:30 p.m. if conditions permit. Travelers were advised to check with their Airlines, or check onl...

Calls to deny Heathrow chief his bonus
The chief executive responsible for Heathrow faced calls to lose his six-figure Bonus last night as David Cameron condemned the chaos suffered by more than a million passengers....

Europe travel chaos eases but pain remains
Passengers rest on the floor next to a sandwich bar as they wait for flights from Terminal 3 at Heathrow Airport in London on Tuesday, Dec. 21. Heathrow Airport is operating only one runway for a third day as snow continues to cause travel delays. (Peter Macdiarmid / Getty Images) Share Back to slideshow navigation People grab refreshments from palettes of plastic Water Bottles and boxes of chocolate bars inside the departure terminal at Frankfurt Airport on Tuesday, Dec. 21. The ...

Europe travel chaos eases but pain remains
LONDON (Reuters) - Airline and international train services were limping back toward normal in parts of Europe on Wednesday, but the lingering effects of ice and snow that caused widespread chaos still weighed on schedules. The disruptions to Airlines and high-speed trains in continental Europe, and linking Britain to the continent, created a nightmare before Christmas scenario for tens of thousands of travelers since the weekend, when heavy snow fell. They also brought calls for Legislation to...

Europe reels from Christmas travel nightmare
LONDON — The world's busiest International Airport told infuriated passengers not to expect full service until Thursday, five days after a five-inch snowstorm turned hundreds of thousands of holiday plans into a nightmare of canceled flights and painful nights on terminal floors. Travelers' anger boiled over into politics as Britain's Prime Minister offered to put Troops on snow-clearing duty. Europe's top transport official threatened tougher Regulation of airports unable to cope wi...

Europe travel chaos eases but pain remains
LONDON - Airline and international train services were limping back towards normal in parts of Europe on Wednesday, but the lingering effects of ice and snow that caused widespread chaos still weighed on schedules. The disruptions to Airlines and high-speed trains in continental Europe, and linking Britain to the continent, created a nightmare before Christmas scenario for tens of thousands of travellers since the weekend, when heavy snow fell. They also brought calls for Legislation to ...

Europe airport chaos slammed as snow misery grows (AFP)
LONDON (AFP) – The EU lashed out at airports Tuesday for the "unacceptable" disruption caused by freezing weather across Europe as fresh Snowfall added to the woes of thousands of stranded Christmas travellers. Britain said it could use Troops to end the disruption at London Heathrow, where passengers have been sleeping in terminals throughout four days of chaos, while Frankfurt and Dublin airports faced severe disruption. The cold snap chaos also hit Europe's rail network ...

UK offers troops, EU seeks answers for snow chaos...
LONDON (AP) - The snow was melting off London's streets, but Heathrow Airport told infuriated passengers it won't restore full service until Thursday - five days after a five-inch Snowfall turned hundreds of thousands of holiday plans into a nightmare of canceled flights and painful nights sleeping on terminal floors. Travelers' anger boiled over into politics as Britain's Prime Minister offered to put Troops on snow-clearing duty and Europe's top transport official threatened tougher Regulation...

Travel chaos eases in Europe, Heathrow still hit
LONDON (AP) - Europe's Christmas travel crisis eased slightly Wednesday but there were still substantial airport and train delays, particularly at London's Heathrow Airport, where crews were still struggling to remove ice. Heathrow Airport officials said hundreds of flights would depart Wednesday, but the flight schedule was still significantly reduced as extra crews try to remove ice buildup and clear the airfield of snow. Heathrow reopened its second runway late Tuesday but travelers were sti...

UK snow: another day in the cold for the stranded of Heathrow
After a 72-hour wait, thousands are not even allowed in the terminal at Heathrow following Saturday's snow....

Weather makes holiday driving treacherous
LONDON, Dec. 23 (UPI) -- Drivers braced for poor driving conditions Thursday across Britain where officials warned roads would be treacherous because of snow and ice. Some 18 million drivers expected to hit the highways for the Christmas holiday could be hampered freezing weather on one of the busiest travel days in Britain, The Daily Telegraph reported. Air and train service were expected to return to normal schedules after several days of disruption caused by the storm that engulfed most of no...

Europe travel chaos eases but pain remains
By Michael Roddy LONDON | Tue Dec 21, 2010 11:22pm EST LONDON (Reuters) - Airline and international train services were limping back toward normal in parts of Europe on Wednesday, but the lingering effects of ice and snow that caused widespread chaos still weighed on schedules. The disruptions to Airlines and high-speed trains in continental Europe, and linking Britain to the continent, created a nightmare before Christmas scenario for tens of thousands of travelers since the weekend, when he...

Europe travel chaos eases but pain remains
By Michael Roddy LONDON | Tue Dec 21, 2010 11:22pm EST LONDON (Reuters) - Airline and international train services were limping back toward normal in parts of Europe on Wednesday, but the lingering effects of ice and snow that caused widespread chaos still weighed on schedules. The disruptions to Airlines and high-speed trains in continental Europe, and linking Britain to the continent, created a nightmare before Christmas scenario for tens of thousands of travelers since the weekend, when he...

Christmas chaos as snow snarls European travel
Thousands of angry travellers struggled Monday to get home for Christmas as snow and ice caused fresh chaos at European airports and paralysed roads and railways across the frozen continent. International hubs London, Paris, Frankfurt, Amsterdam and Brussels tried to clear a backlog of passengers forced to sleep on terminal floors for up to three days as they sought to reach their destinations by the end of the week. Authorities in Frankfurt sent in clowns in a bid to cheer up travellers, but fu...

European airports race to clear Christmas backlog
Snowbound European airports raced to clear a backlog of stranded passengers as better weather conditions allowed them to begin frantic efforts to get people home for Christmas. In London, Paris and Frankfurt, the continent's busiest airports were running a slimmed-down schedule in a bid to get thousands of weary travellers to their destinations before Christmas Day on Saturday. Airport officials were under increasing pressure to resolve the crisis after the European Union blasted the "unacceptab...

Annus horribilis?
Have you ever played that game where someone says a word to you and you say the first thing that you associate with it? If not, try these: Toyota, BP, Rolls-Royce, or perhaps even Heathrow Airport. If the first words you thought of were along the lines of "car recalls", "Oil Spill", "exploded engine" and "snow delays", then you are probably not alone, given the year each of them has had. 2010 has seen all of these companies face crises, both on an operatio...

If Every Rich Person Were Larry David, I'd Feel Better About Cutting Their Taxes
The Qatar Model: A New Way Forward for the Middle East? Derek Thompson - Derek Thompson is an associate editor at The Atlantic, where he writes about economics, business, and technology. Derek has also written for BusinessWeek, Slate and The Daily Beast. Derek Thompson is a blogger at TheAtlantic.com and an associate editor for the Business Channel, where he writes about Economic Policy, technology, and the media industry. He is also a visiting research fellow at the Committee for a Responsible ...

If Every Rich Person Were Larry David, I'd Feel Better About Cutting Their Taxes
The Qatar Model: A New Way Forward for the Middle East? Derek Thompson - Derek Thompson is an associate editor at The Atlantic, where he writes about economics, business, and technology. Derek has also written for BusinessWeek, Slate and The Daily Beast. Derek Thompson is a blogger at TheAtlantic.com and an associate editor for the Business Channel, where he writes about Economic Policy, technology, and the media industry. He is also a visiting research fellow at the Committee for a Responsible ...

Lessons must be learnt from Heathrow chaos
BAA sometimes gives the impression that it is more focused on maximising retail earnings than ensuring pleasant conditions for passengers ...

Emptiness Is Loneliness, and Loneliness is Cleanliness
Aww, poor babies: Bonus season is fast approaching on Wall Street, but this year the talk does not center just on multimillion-dollar paydays. It’s about a new club that no one wants to join: the Zeros. Drawn from a broad swath of back-office employees and middle-level traders, Bankers and brokers, the Zeros, as they have come to be called, are facing a once-unthinkable prospect: an annual bonus of … nothing. “It’s going to a cause a lot of panic on Wall Street,” ...

#126 Gregg W Steinhafel
Gregg W Steinhafel has been CEO of Target (TGT) for 2 years. Mr. Steinhafel has been with the company for 31 years. The 54 year old executive ranks 10 within Retailing Compensation rank is based on total compensation for latest Fiscal Year. Total compensation for each chief executive includes the following: Salary and bonuses; other compensation, such as vested restricted stock grants, LTIP payouts and perks; and stock gains, the value realized by exercising Stock Options. Efficiency rank is ba...

UK's Heathrow airport says most flights operating
LONDON (AP) - Britain's beleaguered flight and rail operations rebounded Thursday after days of snow related delays as Heathrow Airport and Eurostar said most services were running normally. Delays also eased throughout Europe despite fresh snow in some places. Cleanup efforts in the hard-hit Greater London area were aided by a slight rise in temperature that caused much of the ice to melt, easing pressure on rail lines and airfields. Officials at London's Heathrow Airport said both runways we...