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EU in push to standardise rail bookings

European rail operators will have to use standard ticket and timetabling systems in future to make cross-border train journeys easier for the public, the European Commission says.

Heathrow Airport villages 'dying'

Villages near the west London airport are dying as properties bought up by BAA stand empty, an MP claims.

New rules for free bus tickets saves millions

A CRACKDOWN on companies allegedly defrauding the Scottish Government™s concessionary bus travel scheme has succeeded in saving millions of pounds every year, figures obtained by The Herald show.

National Express tells activist shareholder Elliott Advisors: 'you will lose'

National Express has given activist shareholder Elliott Advisors a Sunday night deadline to reach a compromise over its demands for new non-executive directors or face defeat at Tuesday's AGM.

Friday, 06 May 2011

BBC News

Financial Times

  • Aer Lingus' quarterly losses widenIrish airline said full-year profits will be 'much lower' than previous expectations after industrial action and soaring fuel prices contributed to a widening of first-quarter losses
  • European budget airlines: not to be underestimatedHigher oil prices should in theory erode budget airlines' competitive advantage over network carriers, but worried investors should not underestimate them
  • Abertis results rise on sell-offsSpanish toll road operator, which was last year the target of a failed €25bn leveraged buy-out, reported a rise in first-quarter profits as a result of asset disposals
  • Flybe shares dive on profit warning The UK airline, which floated at the end of last year, blames high oil prices and weak leisure traffic for a 45 per cent cut in guidance, sending the stock down by a quarter
  • Nat Express in truce talks with ElliottThe UK bus and rail operator, locked in a row with its largest shareholder, is engaged in talks over a possible ceasefire ahead of a critical vote on Tuesday

The Guardian

The Herald

  • New rules for free bus tickets saves millionsA CRACKDOWN on companies allegedly defrauding the Scottish Government™s concessionary bus travel scheme has succeeded in saving millions of pounds every year, figures obtained by The Herald show.
  • Railways in copper thefts rise BRITAIN™S railways underwent a massive increase in incidents of cable theft last year, driven by the high price of copper.

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  • Open top bus falls victim to transport cutsCoalition Government cuts are causing damaging reductions to bus services across the West, MPs have been told. The impacts include the withdrawal of evening buses to Cheddar Gorge – one of Britain's top tourist attractions – and a scramble to get onto the last services out of Bristol, the Commons Transport Committee heard. In the final evidence session of an inquiry into bus services following the coalition's spending review, the MPs heard that cuts were hitting the economy, with the renowned Cheddar Gorge given as one example. West transport campaigner David Redgewell told...

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Railnews

  • HS2 campaigners combat 'ten myths' from opposition Campaigners supporting the construction of HS2 have named 'ten myths' published by opponents of the plans. The move has been supported by around 170 business leaders, including many from Chambers of Commerce.
  • London faces two weeks of Underground strikes London Underground passengers are facing two weeks of disruption this month and next, after the RMT union stepped up its dispute with Transport for London over the dismissal of two train drivers.

Aviation Industry

Green Miscellany

  • Police use DNA to nab bicycle thief The recent use of bait bikes, GPS tracking and online registers by British police to snare bicycle thieves is certainly high-tech compared to the lacklustre response that has often met those that report their bike as stolen, but top marks for a proactive response goes to River police in Illinois.read more

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