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Back Hydrogen or lose position to Europe and Asia, warns BMW boss
from Monday 3 July 2023
by cityam
GUY TAYLOR government wants to decarbonise,” it must “get a hydrogen strategy, decarbonise the commercial vehicle sector and roll it out to passenger vehicles.” and Korea and the rest of Europe, where there is a fuelling station network being built.” biggest tour operator for the first time, with 5.9 million people buying its package holidays.
BRITAIN must back the roll-out of hydrogen filling stations in the UK or risk falling behind Europe and Asia in the race to roll out greener vehicles, BMW has warned.
In April, Jet2 hiked its pre-tax profit expectations from £387m to £392m.
“We continue to believe that despite price increases… international holidays to Jet2 beach destinations offer better value than similar domestic UK holidays, with a much higher chance of better weather and cleaner, as well as warmer, seas,” Peel Hunt analysts said.
“Jet2 has an extremely strong balance sheet… and has now achieved its ambition to become the market leading tour operator, which should deliver further scale benefits.”
The last few months have also coincided with a dip in fuel costs, which had previously hampered airliners profits and recovery.
Jet2 had previously warned that it faces high input costs and cost pressures, including fuel, carbon and wage increases and that this could still dent margins and hamper demand — although analysts believe that high demand will “more than offset cost pressures.”
Jurgen Guldner, manager of hydrogen technology at the Munich-based carmaker, told the Sunday Times that “if the UK