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

Tuesday, 24 May 2016

BBC News

• Ryanair fares to fall amid price warBudget airline Ryanair says its average fare will fall 7% this year with analysts saying other airlines will follow suit.

Financial Times

• VietJet signs $11bn Boeing orderBudget airline to buy 100 aircraft as it targets expanding domestic and regional markets
• Ryanair expects EgyptAir crash to hit faresLow-cost airline grapples with terrorist fears and pricing pressure
• Corporate jets — the ultimate perkIt can be argued that it does not make economic sense for chief executives to waste time at airports
• Buzz around next-level business jets lures investorsEntrepreneurs seek novel ways to finance blue-sky projects

The Guardian

• Ryanair fares cut could prompt price warMichael O’Leary’s pledge to ‘fill our aeroplanes’ could cut summer fares by 7% and winter tickets by 12%Holidaymakers could find themselves bagging a cheaper seat on the plane this summer after Ryanair announced it would cut air fares by an average 7%, raising the prospect of a further price war between airlines.The Irish no-frills carrier said it would drop fares to keep its planes full, with demand hit by economic uncertainty and terror attacks, as lower fuel costs cut the cost of flying. Continue reading...

Mail Online

• Ryanair pledges to undercut all its rivals as families prepare for cheaper holidays Michael O’Leary (pictured), the boss of the budget carrier, yesterday pledged to make the biggest cuts to air fares in the firm’s 30-year history. Winter travel will be particularly cheap.

Belfast Telegraph

• Third runway at Heathrow 'would link Northern Ireland to 40 new destinations'Meanwhile, Belfast City Airport's chief, Brian Ambrose, has written to UK TransportMinister Robert Goodwill, backing Heathrow's plans for a third runway at the sprawling London hub.

Aviation Industry

• Ryanair plans fare cuts of 12%Michael O’Leary raises the prospect of price war across Europe
• Heathrow plans to boost flights to the regionsAirport sets out key pledges in ‘election-style’ manifesto