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Friday, 29 August 2008

BBC News

Financial Times

  • Forth Ports resists investor call for break upCharles Hammond, chief executive of the UK's last independently-listed port operator has rejected calls for the group to break itself up, insisting the two parts of the business complement each other
  • Stagecoach sees surge in bus travelThe transport company said it was benefiting from an increasing number of commuters who are choosing to switch from their cars to buses
  • Ryanair crackdown on 'screenscraping' upheldA German regional court has upheld an injunction against Vtours.de, a German travel website that has been selling tickets of the Dublin-based no-frills airline's flights without permission
  • Zoom grounds transatlantic jet fleet Zoom Airlines, the low-cost carrier operating between North America and Europe, sought protection from creditors in Canada and the UK after several of its aircraft were detained for non-payment of leasing and other fees
  • Ryanair and EasyJet face threat of new rivalThomas Cook, the tour operator, is in discussions with rival Tui Travel and the airline Lufthansa about a possible merger of their respective low-cost and charter carriers, a move that would create a competitor for Ryanair, EasyJet and Air Berlin
  • Aer Lingus slips into red Aer Lingus slipped into the red in the first half as fuel costs more than wiped out the effects of cost savings and better passenger revenues
  • Air France-KLM rekindles interest in AlitaliaAir France-KLM has expressed interest in taking a minority stake in Alitalia once the lossmaking Italian flag carrier is sold by the government and a slimmed-down airline is relaunched by a group of Italian investors, sources close to the consortium said
  • Lufthansa gears up European expansion strategyGermany's Lufthansa took the next steps to become one of Europe's dominant scheduled carriers by pitching to take over Brussels Airlines and putting its low-cost carrier Germanwings up for a three-way merger

The Guardian

  • Benefits of rail [Letter]Only a government with an unhealthy attachment to the aviation industry could fail to see the environmental and economic benefits of investment in a high-speed rail network linking major cities. Ministers justify Heathrow expansion by saying it is good for business while omitting to factor the rising price of oil into their calculations.
  • Can my neighbour and I share a car?My neighbours and I are considering selling their car (old) and sharing mine (two-years-old with low mileage). We live in London and mostly use public transport. Has anyone else tried this? And how do we work out the finances of such a scheme?
  • Network Rail told to reduce delaysOrder to cut rail disruption comes despite best punctuality figures for more than 10 years

The Herald

  • Stagecoach reports sharp rise in revenuesScottish transport group Stagecoach today said profits since May were higher than expected after a sharp rise in revenues at its bus division.
  • Aer Lingus blames fuel costs for lossIrish airline Aer Lingus yesterday reported an operating loss of €22.3m (£17.8m) in the first half of this year, hit by a jump of almost 50% in its fuel costs and a slowdown in consumer spending.
  • Downturn sees Forth Ports defer property spendForth Ports, the Scottish ports-to-property business, yesterday unveiled a 38% surge in underlying pre-tax profit and said it had deferred almost 70% of its spending on property development because of the downturn in the market.
  • Buses drive StagecoachPerth-based transport company Stagecoach said yesterday that its profits since the May 1 start of its new financial year had been better than it had expected, mainly because of greater-than-anticipated revenue growth in its UK bus division.
  • Scots airline Zoom halts all flights in cash crisisLow-cost airline Zoom suspended all operations last night as industry experts warned many of its rivals would fail to see out the winter.
  • Network Rail gets target to cut disruptionRail regulators yesterday set Network Rail a target of reducing disruption to passengers from engineering work by more than one-third over the next five years.

The Scotsman

The Telegraph

Times Online

Birmingham Post

Edinburgh Evening News

  • It's plain sailing for docks plansA MASSIVE regeneration of Leith Docks has been approved by the city council, despite concerns that it could have a major impact on the economic future of the city centre.

Liverpool Echo

  • Shoppers taking to the trainsCAPITAL of Culture and the opening of the Liverpool One retail complex is thought to have contributed to a rise in passengers using Merseyrail.

London Evening Standard

Manchester Evening News

  • Nine month wait for bus passWHEN Alan Almond applied for a bus pass, he expected a bit of a wait. But almost nine months and two more applications later he has STILL not got one.

The Press and Journal (Aberdeen)

Yorkshire Evening Post

  • Awards for highest rail stationENGLAND'S highest mainland railway station, Dent Station, has won two awards in recognition of its importance to tourism and railway heritage.

Chester Standard

Northants Evening Telegraph

Sunderland Echo

Western Daily Press

International Herald Tribune

Washington Post

Railnews

  • News: Californians to vote on 220 mph train system VOTERS on the west coast of the United States will now definitely get an opportunity to vote on a proposed high-speed rail system in California in November.
  • News: TravelWatch calls for Uckfield line sparks to fly IN its response to the Department for Transport’s new South Central franchise consultation, London TravelWatch, the watchdog for transport users in and around London, has called for electrification of the Uckfield line in East Sussex to avoid platform capacity problems at London Bridge. These are set to reduce the line’s through services during reconstruction as part of the Thameslink expansion project.

Transport for London

  • Planned First bus strike on Friday 29 August 2008First bus drivers and supervisors may be holding a 24 hour strike beginning at 03:00 on Friday 29 August 2008. Talks have been taking place between First and the trade union, Unite, over the 2008 pay settlement.
  • Only three weeks left to design a new bus for LondonBudding bus designers have just three weeks left to submit designs for a new bus for London. The competition to design a bus inspired by the classic Routemaster was one of the Mayor's key manifesto pledges.

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