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Crossrail gets £230m BAA funding

Heathrow Airport operator BAA announces a £230m funding package for the £16bn Crossrail project.

Spy in the sky road pricing 'over the top' says former top transport official

A "spy in the sky" to enforce a national road pricing scheme is one of the options being examined by the Government, as it considers whether to push ahead with pay as you drive charges.

Tuesday, 04 November 2008

BBC News

Financial Times

  • Meridiana fights 'unfair advantage'Meridiana, the airline controlled the Aga Khan, said yesterday it had filed a complaint to the European Commission accusing Alitalia and Cai, an Italian takeover...
  • Ryanair sees second-half loss amid fare price pressureRyanair profits fell heavily in its first six months under pressure from the doubling of fuel costs, and the group forecast that it would be in loss during the second...
  • 3i Infrastructure eyes GatwickThe head of 3i Infrastructure said yesterday the UK-listed investment fund was eager to join a possible consortium bid for London Gatwick airport. Michael Queen said...

The Guardian

  • TfL chopping list leakFlagship public transport projects were this week set to drop out of Transport for London's capital programme under a redrawing of its business plan for the next 10 years.
  • Scientists discover Patagonian diesel that grows on treesA tree fungus could provide green fuel that can be pumped directly into vehicle tanks, US scientists say. The organism, found in the Patagonian rainforest, naturally produces a mixture of chemicals that is remarkably similar to diesel.
  • Ryanair boss's plan for £10 flights to US flies in face of plunging profitRyanair boss Michael O'Leary is looking for a double bonus from the emerging recession - further consolidation among Europe's airlines and the chance to launch a transatlantic carrier.Reporting a 47% tumble in Ryanair's first-half profits to €215m (£170m), O'Leary said more loss-making airlines would go bust over the coming months and predicted the industry in Europe would eventually be dominated by four main players, including Ryanair.

The Scotsman

  • Flight liquid limits to be liftedThe limits on the amount of liquids allowed on flights from EU airports will be lifted in 2010 provided new scanners are in place to distinguish liquid explosives from harmles

The Telegraph

Times Online

Mail Online

Birmingham Post

Daily Post (North Wales)

Liverpool Echo

Liverpool Post

London Evening Standard

Metro

  • Fungus makes dieselA fungus that makes diesel fuel as part of its natural lifecycle has been discovered in South America.

Newcastle Journal

  • Tees to fuel green successTEES Valley’s position as a front-runner in tomorrow’s low-carbon economy moved a step closer this week, as the world’s first climate change bill passed into UK law. Environment correspondent KELLEY PRICE reports
  • Bush rushes 'harmful' environment lawsThe Bush administration is sprinting to enact environmental policy changes before leaving power

The Press and Journal (Aberdeen)

Doncaster Free Press

Forbes

  • CEO: Don't Dump DryShipsThere are rough waters ahead for shippers, but DryShips is looking for opportunities and George Economou, the company's controversial chief executive, is confident he will weather the storm.
  • SUV Data Gives Detroit Some Hope U.S. auto sales plunge, but demand for profitable trucks and SUVs may be on the verge of a comeback.

International Herald Tribune

  • A renewed focus on passenger trainsThe high cost of fuel, along with traffic and airport congestion, is drawing travelers back to trains for commuting and for travel between cities as much as 500 miles apart.

Washington Post

  • Brakes Locked For U.S. Auto Sales Oil prices may be steadily dropping, but tightening credit markets and slumping consumer confidence have continued to keep Americans away from auto dealerships.
  • Elimination of Paper Transfers Could Mean Windfall for Metro Metro officials estimate they could generate at least $5 million more a year in bus revenue by reducing fraud when the agency eliminates free bus-to-bus paper transfers in January, according to a staff analysis to be presented to a board committee Thursday.

Transport for London

Aviation Industry

Other News Sources

Other Subscription Services

  • Arriva confirms major bus investment for 2009Arriva plc, one of the UK’s leading bus operators, today confirmed it has placed orders for its UK bus business which will see more than 500 new buses come into service during 2009. The orders represent a second year of significant fleet renewal and growth by the group with investment totalling more than £130m over 2008 and 2009.

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