Breaking News

BAA losses triple on growing pension deficit

Losses at BAA more than tripled to £545 million in the first six months as the airports operator attempted to reduce a growing pension fund deficit. Exceptional items pushed the company, which owns seven UK airports including Heathrow, Gatwick and Stansted, into the red although its underlying earnings rose 28 per cent to £469.9 million.

Wednesday, 29 July 2009

BBC News

Financial Times

The Guardian

  • The world's greatest cycling cities My favourite cycling cities are Beijing for the buzz, Paris for its politeness, the serenity of Copenhagen and Waterloo Bridge for the romantic reveries. What are yours?
  • BP chief defends green energy recordChief executive Tony Hayward denies firm has turned its back on renewables as it reports massive slump in profits caused by fall in oil priceBP chief executive Tony Hayward today defended the company's record on renewable energy, as it reported a dramatic slump in profits for the latest quarter due to the decline in oil prices.Hayward said it was

The Telegraph

  • BAA slumps to loss as air travel shrinks BAA, the owner of Heathrow, Gatwick and Stansted airports, has highlighted the dire impact of the recession on air travel by slumping to a £545.7m loss in the first half of 2009.

Times Online

  • BAA losses triple on growing pension deficit Losses at BAA more than tripled to £545 million in the first six months as the airports operator attempted to reduce a growing pension fund deficit. Exceptional items pushed the company, which owns seven UK airports including Heathrow, Gatwick and Stansted, into the red although its underlying earnings rose 28 per cent to £469.9 million.

Reuters News

Daily Record

Network Rail

Transport Briefing

Derby Telegraph

  • Bike boost for airport CYCLING to work each day has become routine for staff at East Midlands Airport, thanks to a new campaign.
  • Axe falls finally on school bus services THE final death knell was sounded for some school bus services in the city last night as leading councillors agreed to axe them, despite opposition.
  • R-R's £300m vote of confidence A DECISION by Rolls-Royce to invest more than £300m in new factories in the UK has been welcomed by business leaders in Derby – despite the fact that it is unlikely any of the plants will be built in the city.

Edinburgh Evening News

London Evening Standard

Nottingham Evening Post

The Press and Journal (Aberdeen)

The York Press

Yorkshire Evening Post

Peterborough Telegraph

Wall Street Journal

Aviation Industry

  • Happy Birthday Aberdeen AirportMore than 2,500 people who work across Scotland's third biggest airport are celebrating today (Tuesday 28th July) as the Dyce terminal marks its 75th birthday.
  • Lufthansa Seeks Austrian Merger ExtensionGerman airline Deutsche Lufthansa AG said Tuesday it has applied for a month-long extension to the deadline to merge with Austrian Airlines in order to fulfill certain obligations for the deal.

Other News Sources

Other Subscription Services

Recent Archives

Latest News

 

Conferences & Expo's

All Transport

Bus and Coach

Campaign Groups

Friends of TransportInfo

Logistics

Passenger Representatives

Trades Unions

Aviation

Motoring

Rail

Shipping & Waterways

News Media

 

Better Transport, Better Lives