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Lord Adonis: 'high-speed rail would be end of domestic flights'

A high-speed rail network in Britain would mean the end of domestic flights and short flights to Europe, according to Lord Adonis, the new Transport Secretary.

Branson to ministers: let BA go bust

Sir Richard Branson has rubbed salt in British Airways™ wounds by declaring BA practically worthless, and urging the government to resist any attempts to bail it out.

Monday, 22 June 2009

BBC News

Financial Times

  • Optimistic sums risk BA landing in a pensions holeBA's gross pension assets, at £12.2bn, are larger than its operating assets of £10.5bn. And the company expects to pay £320m into the pension fund over the next year - rather more than last year's net operating cash flow of £133m. There is, of course, no dividend.
  • Stagecoach backers await sales newsStagecoach warned in April that its rail division risked slipping into the red, writes Gill Plimmer . The bus and train operator, which reveals full-year results...
  • Rail freight operators feel the strain UK rail freight traffic has fallen sharply in the past quarter, according to new figures that show the effect of the recession on the industry is deepening
  • Tokyo plans emergency loan to JALKaoru Yosano, the Japanese finance minister, said the government was preparing a loan to loss-making Japan Airlines, caught by severe airline turbulence in the global economic crisis

The Guardian

  • BA may ditch OpenSkies as transatlantic flights diveBritish Airways is considering ditching its OpenSkies subsidiary, which operates flights from Paris and Amsterdam to the US, in a move that would reflect the ongoing severity of the recession and slump in business passengers on transatlantic routes.
  • TfL finds a way to mind the gapProgramme of efficiencies, redundancies and delays is expected to get tube upgrade back on trackTransport for London has narrowed the tube funding gap by £2.5bn after deferring upgrade work, cutting 1,000 jobs and rewriting engineering contracts.The cost saving, to be revealed on Wednesday, is a significant step towards solving a financial crisis that has threatened to damage the administration of the London mayor, Boris Johnson.Under the new budget plan for three-quarters of the tube network, £800m will be saved by postponing improvements to 50 stations and pushing back plans to launch more f...

The Herald

  • Inaction station: Gogar depot delay hits Edinburgh tram planTHE AGENCY behind the Edinburgh tram project has admitted for the first time that a key piece of work could be nine months late, effectively killing off any remaining hope that the controversial network will be completed before the end of 2011.

The Independent

  • Branson ignites war of words with British AirwaysSir Richard Branson has turned up the heat in the ongoing and increasingly acrimonious row between Britain's biggest two long-haul airlines, saying that the Government should not step in to save struggling British Airways.

The Scotsman

The Telegraph

Times Online

  • Lord Adonis sees demise of short flightsTHE new transport secretary, Lord Adonis, believes a 200mph high-speed rail network in Britain will spell the end for domestic flights and short flights to Europe.
  • Branson to ministers: let BA go bustSir Richard Branson has rubbed salt in British Airways™ wounds by declaring BA practically worthless, and urging the government to resist any attempts to bail it out.
  • Greens told no alternative to fossil fuelsLISTEN to ministers and green campaigners and you would think that we are on a happy path to greener energy, with renewable sources of power freeing us from reliance on fossil fuels.

Press Association

  • £50m to increase train punctualityPassengers on a main London to Scotland rail route are still suffering from the poorest train punctuality in the country despite the completion of a £9 billion upgrade project, it has been revealed.
  • Hundreds of flights scrappedAir passengers are having to contend with the scrapping of hundreds of flights a week at top UK airports, including Heathrow and Gatwick.

Mail Online

Network Rail

Derby Telegraph

  • Timetable delay hits new city bus stationBUS passengers will have to wait until next year to use Derby's new bus station. It had been hoped that people would be able to start using the new station, which is part of the £100m Riverlights development, by October.

London Evening Standard

Manchester Evening News

  • Millions at stake over M60 cracks THE Highways Agency could seek to recover millions of pounds over the forced closure of a six-mile stretch of the M60. The motorway was closed in one direction this weekend between Junction 19 at Middleton, near Rochdale, and Junction 23 at Ashton under Lyne, as tests began to find out why mysterious cracks have been appearing in the surface.
  • Bus lane fines axed over bugHUNDREDS of drivers caught using bus lanes have escaped fines after a computer virus forced town hall chiefs to cancel their tickets. The `Conficker worm' caused chaos when it hit Manchester town hall in February. Now we can reveal the bug cost the council more than £43,000 in `lost' bus lane fines. The computer problems meant 1,609 tickets could not be issued within the 28-day legal limit - rendering them useless.

Metro

Nottingham Evening Post

  • Rift deepens over future of tramCITY councillors fear the Conservatives who now run Notts County Council may try to put the brakes on new tram lines altogether as well as withdrawing funds for them.

This Is Local London Network

Wales Online

Peterborough Telegraph

  • Air passenger duty warning for flightsAir passengers are having to contend with the scrapping of hundreds of flights a week by airlines at leading UK airports, including at Stansted and Luton.

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