Transportinfo.org.uk - today's transport news in the uk, hand picked for you each morning

Friday, 03 August 2012

BBC News

• Airline's Cardiff expansion planA low-cost airline which launched from Cardiff Airport says it is looking at introducing more routes next year but has some concern for its Barcelona flights.

Financial Times

• JAL to raise $8.5bn in Tokyo relistingJapan Airlines is to relist on the Tokyo Stock Exchange in the largest initial public offering in Asia this year, raising an estimated Y663bn ($8.5bn) less than three years after filing for bankruptcy
• Lufthansa flags ˜unpleasant steps™ aheadGerman airline makes €20m first-half operating loss as it carries out restructuring that it hopes will improve earnings by €1.5bn by 2014

The Telegraph

• MPs propose compensation for those living under Heathrow's potential third runway Those who live under the flightpath of Heathrow airport could be offered thousands of pounds in compensation if plans for a third runway go ahead, according to proposals.

Aviation Industry

• American Airlines bankruptcy probably won't wrap up until next year, executive saysTom Horton, chairman and chief executive of AMR and American Airlines, acknowledged that his hope of getting out of bankruptcy by Dec.
• Lufthansa posts 2Q net income of €229 millionLufthansa Group (LH) reported a second-quarter net income of €229 million ($288 million), down 23.9% from €301 million in the year-ago quarter.
• US opposition to Europe's ETS growsSenate committee approves bill which could stop US-based airlines taking part in emissions scheme
• Lufthansa to suspend Gatwick-Frankfurt flights Airline group will suspend service from Sussex airport for the winter season

Other News Sources

• Fujitsu appointed as network integrator for Heathrow Airport terminal To support 40 airport systems, including security systems, airport operations systems and management, check-in; and baggage reconciliation system