Breaking News

BA announces plan to raise £600m

British Airways plans to raise £600m to help it get through difficult trading conditions, the airline has said.

£6m bill for ministerial cars

The cost of running the Government's cars to ferry around ministers was more than £6 million last year, figures revealed today.

MAG pulls out of Gatwick bid

Manchester Airports Group has reportedly pulled out of the race for Gatwick airport after refusing to budge on its offer.

Friday, 17 July 2009

BBC News

Financial Times

  • Gatwick airport bidders raise pressure on Ferrovial Brinkmanship surrounding the sale of Gatwick, the second-largest UK airport, by Spain's Ferrovial, has intensified amid the apparent withdrawal of the last bidder from the contest.
  • FirstGroup revenue sales growth slowsPressure on the big five public transport operators intensifies after figures from Britain's biggest bus operator show that revenue growth from bus ticket sales is slowing
  • Lufthansa improves offer for AustrianGerman airline offers new concessions to the European Commission in the hope of finally winning approval from the Brussels competition watchdog for its takeover of Austrian Airlines
  • Continental chief to leave for private equityLarry Kellner, widely praised for keeping the airline out of bankruptcy protection in the wake of the 9/11 attacks, is to step down at the end of the year and will be succeeded by his longtime top deputy
  • Lufthansa in job cuts to staunch lossesThe German airline is being forced to cut jobs in its main airline division and to defer deliveries of new aircraft as part of emergency measures to staunch rising losses

The Guardian

  • Turn green words into green deeds Despite government talk, transport emissions are rising because carbon-generating schemes are being given the go-ahead
  • BAA debt repayment plans at risk after potential Gatwick buyer pulls out BAA fights to keep debt reduction strategy on track after planned airport sale left with only one potential buyer
  • Green light given for four ecotownsTowns to tackle Britain's housing shortage while minimising damage to the environment by showcasing energy efficient homes and green transportThe government today gave the go-ahead for the construction of four eco-towns, offering 10,000 homes overall, which, it hopes, will showcase environmentally friendly living in the UK.The settlements, to be built by 2016, will include the latest in energy efficiency measures, streets with charging points for electric cars and numerous cycle routes as well as easy access to public transport.The locations are Whitehill Borden in Hampshire, the China Clay C...

The Herald

The Independent

  • £6m bill for ministerial cars The cost of running the Government's cars to ferry around ministers was more than £6 million last year, figures revealed today.

The Scotsman

  • Gatwick offer is withdrawn THE LAST bidder for the sale of Gatwick Airport by Spain's Ferrovial has apparently withdrawn from the contest.

The Telegraph

Times Online

  • National Rail to outsource all calls to India Call centre staff in India already handle about two thirds of the calls to the train times hotline, with the remaining enquires fielded in South Yorkshire by employees of Ventura, a UK business.
  • BA raids pension pledge to help raise £600m British Airways (BA), the struggling UK flag carrier, today announced that it will take back £300 million pledged to its pension fund to pay retirement benefits if the company goes bust as part of a plan to boost its liquidity by £600 million.

Transport Briefing

Derby Telegraph

Liverpool Echo

Nottingham Evening Post

The Press and Journal (Aberdeen)

The York Press

Yorkshire Evening Post

Blackpool Gazette

The Shields Gazette

Railnews

Transport for London

  • TfL premieres new film to improve cycle safetyMore than 140,000 cyclists in the Capital are being sent a link to a new cycle safety training film for cyclists and lorry drivers as part of work by Transport for London (TfL) to reduce the number of cyclists killed and seriously injured in the Capital.
  • TfL appoints new Chief Operating Officer and DirectorGarrett Emmerson appointed as Chief Operating Officer of Streets and Traffic following retirement of Peter Brown, Ben Plowden appointed to new role as Director of Integrated Programme Delivery.

Other News Sources

News from Europe

  • German rail watchdog plans mass safety check All goods wagons operating on German railways should be subjected to additional checks in the light of a recent series of accidents and breakdowns, the country's railway supervisory authority said on Thursday.

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