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Train operators hit out at government franchise plans

Britain's train operators are expected today to slate the Government's new blueprint for rail franchises, arguing that the proposals would lead to a more prescriptive, less efficient railway.

Wednesday, 31 March 2010

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  • Car scrap scheme ends after sales boostLONDON (Reuters) - The vehicle scrappage scheme brought in last year to boost consumption and protect jobs ends on Wednesday after contributing to a fifth of new car registrations since its launch, the government said.

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  • News: Network Rail: ’there’s a settlement to be had’ As talks continue today at ACAS in a bid to avert next week's rail strikes, Network Rail has said it believes that a settlement is possible. At the moment two separate strikes are set to start on Tuesday, and if they do it's expected that only 20 per cent of trains will run.

Aviation Industry

  • British Air Cabin Crew Strike in Second Day, No TalksBritish Airways Plc cabin crew were in the second day of a four-day strike with no sign of a deal being reached in the dispute over pay and staffing levels.
  • IATA: February international traffic climbs 9.5%IATA reported that February international passenger traffic (RPKs) for member airlines surged 9.5% compared to February 2009 on just a 1.9% rise in ASKs, pushing load factor up 5.6 points year-over-year to 75.5%.
  • Aer Lingus fortunes continue to declineAer Lingus released its full 2009 financial results yesterday, three weeks after a preliminary announcement, and reported a €130.1 million ($175.2 million) loss that represented an 18.4% deterioration from the €109.9 million deficit suffered in 2008.

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