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Labour rebels join Heathrow T6 fight

A group of rebel Labour MPs have joined forces with Conservative and Liberal Democrat leaders to oppose the planned third runway and sixth terminal at Heathrow...

Tuesday, 28 October 2008

BBC News

Department for Transport

Financial Times

  • Hedge funds hit as Porsche moves on VWVolkswagen's shares more than doubled after Porsche moved to cement its control of Europe's biggest carmaker and hedge funds, rushing to cover short positions, were forced to buy stock from a shrinking pool of shares in free float
  • Labour rebels join Heathrow T6 fightA group of rebel Labour MPs have joined forces with Conservative and Liberal Democrat leaders to oppose the planned third runway and sixth terminal at Heathrow...
  • Experts doubt Tory Heathrow rail planSeveral speakers at the Integrating High-Speed Rail with Heathrow conference produced figures regarding existing air and train services and passenger numbers that cast doubt on the Conservatives' proposal
  • Eastern Airways gains London City footholdThe UK regional airline's entry into the London business market has been made possible by a deal overseen by the Office of Fair Trading aimed at preserving competition at London's short-haul business airport
  • Deutsche Bank team buys UK rail stock groupThe owner of nearly a third of the UK's passenger rail rolling stock has been sold to a consortium led by Germany's Deutsche Bank in a deal that could mark its expansion into the growing continental European market

The Guardian

The Herald

  • Dennis has £15m orders for hybridsAlexander Dennis, the Falkirk-based bus builder, yesterday announced it had £15m orders in the pipeline for pioneering hybrid models that could help operators slash operating costs and carbon emissions.

The Independent

  • BA is no longer ‘British’ Airways Britrish Airways has stopped being the UK's national carrier and effectively become London Airways. The airline still operates flights from Manchester, Newcastle, Edinburgh, Glasgow and Aberdeen. But, as with the colour options for Henry Ford's Model T, passengers' choice of destination from these cities is limited: they can fly to any other city they like – so long as it is London.

The Scotsman

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Reading Evening Post

  • Bus fares up for second timeBus passengers are facing a second fare hike in four months with transport bosses blaming the credit crunch and a massive 44 per cent hike in fuel costs for the rises.

Forbes

International Herald Tribune

Transport for London

  • New work of art for Tube map cover by Pae WhiteTube customers can now pick up the latest Pocket Tube map cover from stations. The new artwork '...fragment of a Magic Carpet, circa 1213' is now on the front of millions of Pocket Tube maps.

Aviation Industry

  • Go-Ahead going where?ad and rail transport has held up better than most in the current markets, but the prospect of a downturn is putting a dampener on Go-Ahead. The shares fell 7 per cent after the company's first-quarter trading statement revealed slowing demand for its key Gatwick Express airport route - due to reduced air traffic at the South London airport - and a £400,000 credit exposure to failed airlines.
  • National Express says travel sector not immune from slowdownThe bus and rail operator, National Express, has warned that the travel sector is not invulnerable when it comes to the worsening economic slowdown.
  • Cathay denies British Airways takeoverHONG KONG carrier Cathay Pacific today denied market rumours that it was planning a takeover of British Airways.

Other News Sources

  • 'Strong case ' to make rail track dualA SENIOR Network Rail official has said there is a "strong case" for the proposed dualling of the Hereford to Malvern rail link.
  • Bus firm stepping green credentials up a gearFirst Minister praises Alexander Dennis for its contribution to climate change fight.
  • Positive response to John Lewis eco-truck ideaRetailer John Lewis says it has had a
  • LD Lines plans expansion to RO-RO ferry servicesFrench ferry company LD Lines is planning a recession-defying expansion of its cross-Channel RO-RO services in the next year.
  • Small hauliers urged to grab skills fundingSmall truck operators are being urged to tap into the Government's £350m of additional funding for free training for small business employees in the wake of the credit crunch.
  • TC warns of illegal trade in O-licence marginsTom Macartney, the Traffic Commissioner for the North-Eastern area, warned operators attending the Commercial Motor/ATS Euromaster legal seminar in Wakefield of the dangers of buying and selling O-licences from and to third parties advertising these services in the trade press.
  • Scania to cut truck production in EuropeScania is to cut production in Europe in the face of falling demand because of the current economic uncertainty.
  • British Airways marketing chief quitsBritish Airways head of marketing communications Katherine Whitton has resigned after 15 months in the role. She will step down in December and it is not known if she has a job to go to.
  • BA, Qantas agree price-fixing fines in AustraliaBritish Airways (BA) and its Oneworld alliance partner Qantas Airways have agreed to pay millions of dollars in fines in Australia to settle charges of price-fixing...
  • Greening logisticsSoaring fuel prices, together with growing road congestion and increasingly stringent EU legislation, are forcing freight and delivery services to rethink their transportation strategies so as to save money on fuel and limit their environmental impact.
  • Global airlines blast EU ETS decisionThe International Air Transport Association (IATA) has condemned a decision by EU ministers to ignore the current economic downturn and approve a compromise deal on including aviation activities in the bloc's emission trading scheme (EU ETS).

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