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Branson makes tracks for east coast line

Sir Richard Branson, the Virgin Trains founder, could mount a bid for the east coast rail franchise amid fears that National Express is struggling with its £1.4bn contract for the prestigious London-to-Edinburgh route and might have to renegotiate terms with ministers.

The day the snow came - and Britain stopped

The heaviest snowfall for 18 years paralysed swaths of the country yesterday, bringing chaos to roads, railways and airports, closing thousands of schools and businesses, and costing the economy an estimated £1.2bn in lost working hours.Although the snow had been forecast since last week, much of Britain was overwhelmed, with conditions forcing one in five workers to stay at home, as many as 3,000 schools closed and many non-urgent hospital operations were postponed.The south-east bore the brunt of the snow, which settled to a depth of 25cm (10in) in Kent and Surrey, and saw all flights cancel...

Tuesday, 03 February 2009

BBC News

  • Snow causing further disruptionTravel disruption and school closures are set to continue with the snow moving north and ice warnings in place across much of the UK. This was the picture as of 12:08 GMT on Tuesday.
  • Bus station criticised in surveyA survey has revealed deep discontent over the lack of a proper bus station in Stroud, Gloucestershire.
  • Air and rail delays for commutersThe weather and technical problems have led to major disruption for people taking flights into Northern Ireland or travelling by train.
  • 'Unpaid bill' halts new rail linkThe reopening of a 25-mile (40km) narrow gauge railway across Snowdonia is being delayed because a £250,000 bill has not been paid, it is claimed.
  • Fuel costs erode Ryanair profitLow-cost Irish airline Ryanair posts a net loss of £90m for the third quarter, saying it has been hit rising fuel costs.

Financial Times

  • Ryanair still targets expansionMichael O'Leary is keeping the throttle open despite the deepening recession. While rival EasyJet takes a more cautious stance towards fleet expansion, the Ryanair...
  • Defending The IndefensibleBusiness jets have lately become a symbol of greed and excess “ but they are more than mere luxuries.
  • Fuel price hedge hits RyanairEurope's largest low-cost airline fell heavily into the red in the three months to December, but forecast a return to significant profit in its next financial year
  • Iberia dispels doubts over BA dealThe deputy chairman of the Spanish flag carrier says an agreement is 'close' despite wrangling over the final share split in the merged company
  • Wal-Mart tests diesel-electric trucksWal-Mart is testing hybrid diesel-electric trucks in a step towards extending the energy saving technology to the workhorses of the US road transport system
  • Qantas shares placed in trading haltThe Australian airline has had its shares placed in a trading hold ahead of a 'material announcement in relation to capital management initiatives'

The Guardian

  • Branson makes tracks for east coast lineSir Richard Branson, the Virgin Trains founder, could mount a bid for the east coast rail franchise amid fears that National Express is struggling with its £1.4bn contract for the prestigious London-to-Edinburgh route and might have to renegotiate terms with ministers.
  • Babcock order book up, performing in lineThe engineering company, which is helping to build Britain's new aircraft carriers as well as its railways and managing nuclear sites, said its order pipeline made future performance more visible and was broadly resilient to the economic downturn.
  • Ryanair runs up heavy losses but expects passenger growth next yearThe low-cost carrier Ryanair ran up heavy losses in the third quarter but said it was on target for a full-year profit and would do even better in 2009-10.Michael O'Leary, chief executive, described the loss of €101.5m (£91.9m) in the three months to December as
  • Biofuel health warning: some are more dangerous than petrol and dieselSome biofuels cause more health problems than petrol and diesel, according to scientists who have calculated the health costs associated with different types of fuel.The study shows that corn-based bioethanol, which is produced extensively in the US, has a higher combined environmental and health burden than conventional fuels. However, there are high hopes for the next generation of biofuels, which can be made from organic waste or plants grown on marginal land that is not used to grow foods. They have less than half the combined health and environmental costs of standard gasoline and a third...
  • The day the snow came - and Britain stoppedThe heaviest snowfall for 18 years paralysed swaths of the country yesterday, bringing chaos to roads, railways and airports, closing thousands of schools and businesses, and costing the economy an estimated £1.2bn in lost working hours.Although the snow had been forecast since last week, much of Britain was overwhelmed, with conditions forcing one in five workers to stay at home, as many as 3,000 schools closed and many non-urgent hospital operations were postponed.The south-east bore the brunt of the snow, which settled to a depth of 25cm (10in) in Kent and Surrey, and saw all flights cancel...

Times Online

Network Rail

Transport Briefing

Belfast Telegraph

  • Ryanair goes into red with £90m loss Ryanair said today it had gone into the red with third-quarter losses of €101.5m (£90.3m), but added that it expected to end up with a full-year profit thanks to recent plunges in fuel costs.

London Evening Standard

Manchester Evening News

  • No hope of a C-charge 'reward'TRANSPORT minister Lord Adonis has quashed any lingering hopes that Greater Manchester could still get a share of the government's Transport Innovation Fund - TIF. Money for public transport improvements will have to be found elsewhere after a county-wide referendum voted overwhelmingly against the idea of congestion charging - which the government was demanding in return for a £3bn transport package.
  • Station bar's £50,000 revampA RAILWAY station buffet saved from demolition has undergone a £50,000 revamp - to the delight of real ale fans.

The Press and Journal (Aberdeen)

The York Press

Yorkshire Evening Post

Northants Evening Telegraph

C.N.N.

Forbes

Washington Post

  • Shipping industry runs short of young marinersSome shipping companies have told the U.S. Maritime Administration that the problem has forced them to dock or even sell vessels. Others said it has kept them from expanding fleets, or caused delayed voyages and lost contracts.

Aviation Industry

  • Levitating Bicycles Bicycle thieves beware; this innovative lock system by Dominic Chargreave hoists bikes up 8 feet in the air and safely out of the reach of nasty nabbers. The cradle is mounted on the wall and with a remote control the owner can raise and retrieve their bike with ease.
  • Beware changes to NXEC websitehe NXEC website, which is still as good as it ever was for mixing single fares to get the cheapest return fare price, has - without any notification at all - ceased offering transactions using AMEX and has also removed all signs of its 11% online discount price from all its fares.
  • Annoying Mobile Users To Be Kicked Off Trains [Australia]In what could become a popular trend in the rest of Australia, Western Australian transit officers are set to target noisy passengers – especially those with loud music or mobile phone conversations, with the end result being problematic passengers kicked off trains or buses if they don’t heed a warning to tone their music and conversations down.
  • Mayor’s budget - transport fares up by 6%Boris Johnson’s decision not to raise the Greater London Authority’s share of council tax with one hand should not mask his cruel attack on working Londoners with the other - above inflation fare rises.
  • Loganair and Flybe launch new Aberdeen to Cardiff routeLoganair announced today that it is launching a new route between Aberdeen and Cardiff as part of a wider expansion plan that will benefit Scots travellers...
  • Adverse weather conditions at UK airportsFollowings yesterday's adverse weather conditions, flights into and out of our airports today may still be subject to delay and cancellation...
  • Heavy Snow Causes Flight DelaysHeavy snow in the southern UK on Sunday evening has led to numerous flight cancellations and delays at UK airports.London City Airport, Stansted, Luton and Southampton are all closed, while there are significant delays at Heathrow and Gatwick.Norwich and Leeds Bradford Airports were also closed, but have since reopened.The snowfall is the heaviest in the UK for 18 years.Heathrow Flight CancellationsBoth runways at Heathrow are closed as of 1000 GMT Monday.With both runways shut, several airlines have announced flight cancellations at Heathrow.British Airways has cancelled all flights from Heat...
  • Virgin America's $175 million loss is 67% of RevenueVirgin America said Monday it lost $175.4 million in the first three quarters of last year, as the fledgling airline was plagued with startup costs and rapidly accelerating fuel prices.

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