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Slowing UK rail growth hits Arriva shares

Passenger growth on Arriva’s UK train franchise continued to weaken in the first five months of the year, the bus and rail operator revealed on Tuesday, sending the the shares lower in early trading.

National Express in DfT talks

Discussions come as the troubled bus and rail operator rejectes an all-share takeover approach from its larger rival FirstGroup

Rail, bus and bike travel the focus of Brown's transport strategy

National cycling plan to be developed to show councils and employers how they can boost two-wheeled travel

Tuesday, 30 June 2009

BBC News

  • Faster Londonderry line re-opensJourneys on the Londonderry railway line to Belfast have been shortened as upgrade work between Ballymena and Coleraine is completed.
  • Electric cars roll-out 'by 2020 [audio clip]roposals to widen the use of electric vehicles have been unveiled by the Scottish Government. Transport Minister Stewart Stevenson has launched a consultation on whether all public sector vehicles should be low carbon by 2020.
  • Satisfaction surveys hit the roadPeople living in Northamptonshire are being given the chance to have their say on the county's roads.

Financial Times

  • Slowing UK rail growth hits Arriva sharesPassenger growth on Arriva’s UK train franchise continued to weaken in the first five months of the year, the bus and rail operator revealed on Tuesday, sending the the shares lower in early trading.
  • Tube Lines plans £2bn savings A company maintaining and upgrading three London Underground lines wants to resolve a row over its public-sector funding with a plan to save £2bn in waste through efficiencies
  • National Express in DfT talksDiscussions come as the troubled bus and rail operator rejectes an all-share takeover approach from its larger rival FirstGroup
  • Republic Airways marks a change in courseThe US regional airline, which last week moved to buy troubled peers Frontier Airlines and Midwest Airlines, is still in the market for other acquisitions

The Guardian

  • Rail, bus and bike travel the focus of Brown's transport strategyNational cycling plan to be developed to show councils and employers how they can boost two-wheeled travel
  • National Express rebuffs FirstGroupCompany says talks with FirstGroup are inappropriate as it struggles with £1.2bn debt and east coast rail franchiseFirstGroup has been warned it must renegotiate Britain's most expensive rail franchise in order to secure investor approval for a takeover of National Express. Analysts said the £1.4bn National Express East Coast contract would have to be rewritten if FirstGroup were to pull off a deal.National Express confirmed that it had rebuffed an approach from its rival to create a powerful force in the public transport industry through an all-share transaction. The company said it

The Herald

The Independent

  • David Prosser: FirstGroup offers Adonis a cheap fareOne man who will be hoping that FirstGroup launches a hostile bid for rival transport group National Express is Lord Adonis, the Transport minister, for whom such a deal might just be a golden opportunity to wriggle off a difficult political hook.
  • Journey into the age of the 140mph train Travellers on a morning rail service from Ashford in Kent to central London might have been forgiven for thinking they had been transported to another country yesterday.

The Scotsman

  • Deadline for BA cost-cutting talksCrucial talks aimed at reaching agreement on cost cutting at British Airways, including thousands of job losses, will come to a head with prospects for a deal looking slim.

The Telegraph

Times Online

Reuters News

Mail Online

The Mirror

  • Why British Airways are not the number No1After British Airways passengers were stranded without suitcases at Heathrow’s Terminal 5, a spokesman explained: “We haven’t cancelled any flights – the flights have still gone on – but it has created a backlog of passengers who have been unable to check in their baggage.” Oh, that’s alright then.
  • Deadline for crucial BA talksCrucial talks aimed at reaching agreement on cost cutting at British Airways, including thousands of job losses, will come to a head with prospects for a deal looking slim.

Edinburgh Evening News

Journal Live

Liverpool Post

London Evening Standard

Nottingham Evening Post

  • Plea for action on tramMORE pressure is being put on Notts County Council not to block Lines Two and Three of the tram system. Last week the Post reported how 13 big employers had asked council leader Kay Cutts not to impede progress of the scheme.

Sheffield Star

  • Funding bid to increase city tram fleetSouth Yorkshire Passenger Transport Executive and Stagecoach Supertram will submit a business case to the Department for Transport later this year and the trams could be operating in Sheffield in four years' time.

Blackpool Gazette

  • Fears over proposed tram depotSAILORS'safety could be put in jeopardy if plans to build a new tram depot at Starr Gate are given the go ahead, it has been claimed.

Chester Standard

Railnews

Transport for London

Aviation Industry

  • BA talks go on as deadline loomsAirline seeking 3,000 redundancies Talks were still going on last night (June 29) between BA and unions representing cabin crew and administration staff over the carrier's demand for up to 3,000 redundancies.

Other News Sources

  • National Express rejects takeover despite debtsDEBT-RIDDEN East Coast Mai n Line franchise holder National Express has rejected a takeover approach from the UK’s biggest rail operator, it was revealed yesterday.
  • Airline’s growth will defy recessionAIRLINE Emirates is defying the widespread downturn in the aviation sector to see significant year-on-year growth in passenger and cargo levels on its flights from the North- East.
  • Charging points kick off electric trialsA NUMBER of blue chip organisations have agreed to provide charging points for electric vehicles as the region takes part in the world’s largest trial project.
  • National Express can't quit, says BarrettEDINBURGH West Liberal Democrat MP John Barrett has warned that National Express should not be allowed to walk away from the East Coast mainline rail franchise.
  • Thanet airport group's anger at Carter no showThe leader of Kent County Council faces being reported to the authority's Standards Committee after he missed a meeting at Kent International Airport on Friday evening (June 26), writes Thomas Betts.
  • Javelin high-speed train service arrives in St PancrasFaster commuting comes to London as 140mph service's first voyage from Ashford in Kent is a full minute early, slashing the usual journey time by more than half
  • How National Express compares with its rival FirstGroupNational Express today said it had rejected takeover interest from its bigger rival FirstGroup. National Express has a major presence in the UK, US and Spain, with 43,000 employees and 18,000 vehicles worldwide. Here is a look at the services offered by the two companies.
  • Sweden™s environment agenda for the Presidency presented to EU environment ministersSweden is ready to lead the work of the EU towards a new climate agreement in Copenhagen in December. This was the message from Minister for the Environment Andreas Carlgren on Thursday 25 June when he presented the Swedish Presidency priorities in the environment area at the EU environment ministers meeting in Luxembourg.
  • £25bn plan proposed for Edinburgh hubProject would revolutionise Scottish transport A £25bn scheme to make Edinburgh Airport the centre of a new road, rail and air hub in Scotland has been proposed.

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