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Virgin and BA in battle for BMI

The owner of British Midland International (BMI), Lufthansa, says it has not yet decided on a buyer for the carrier.

Go-Ahead bullish on UK transport growth

British rail and bus operator Go-Ahead said full-year profit would likely exceed its expectations after a strong first-half performance.

Crossrail funding threat 'could be end of Bombardier'

BRITAIN’S last trainmaker Bombardier could lose a life-saving £1billion contract in an “action replay of the Thameslink stitch-up”, a union leader warned yesterday. London Mayor Boris Johnson wanted to raise the money for 60 Crossrail carriages by allowing Transport for London to borrow more but Transport Secretary Justine Greening vetoed the move.

Tube figures show delays are down and service 'continues to improve'

Record numbers of passengers are enjoying a more reliable service as the London Underground 'continues to improve', according to Transport for London

Tuesday, 13 December 2011

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  • Star's ship enterpriseA BRITISH private equity firm has snapped up part of the German shipbuilder that made the battleship Bismarck and Roman Abramovich's superyacht Eclipse as part of a 150million (£128million) deal.
  • Virgin's half-price bid to grab BMI from BASIR Richard Branson's Virgin Atlantic has upped the stakes in its bid to wrest struggling airline BMI from the clutches of arch-rival British Airways.
  • Stelios makes it easy to rent out your carTWO of the country's best-known entrepreneurs are joining forces to launch a car-hire scheme that will allow motorists to rent out their vehicles when not using them.

The Mirror

  • Crossrail funding threat 'could be end of Bombardier' BRITAIN’S last trainmaker Bombardier could lose a life-saving £1billion contract in an “action replay of the Thameslink stitch-up”, a union leader warned yesterday. London Mayor Boris Johnson wanted to raise the money for 60 Crossrail carriages by allowing Transport for London to borrow more but Transport Secretary Justine Greening vetoed the move.

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  • Boost for rail passengers as Northern add 50 extra carriagesPassengers are benefiting from 50 extra carriages on some of the busiest rail routes serving Manchester and the north. Rail firm Northern says they are being used to ease crowding on trains heading to and from Manchester, Liverpool, Sheffield, Leeds and Newcastle.
  • Delight as road protesters win U-turn over Metrolink track in DroylsdenResidents who brought traffic to a standstill with a rush-hour protest are celebrating after plans to introduce a raised tram track were scrapped. As reported in the M.E.N. last week, campaigners in Droylsden were left seething at proposals to introduce a three-inch elevated line in Audenshaw Road.

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  • Speed limit bid ˜laughing at us™The grandfather of a teenager seriously injured on a deadly rural road today slammed schemes to reduce speed limits on minor roads in Wyre.

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Aviation Industry

  • Virgin Atlantic makes rival offer for bmiVirgin Atlantic Airways (VS) and Lufthansa Group (LH) confirmed Monday they have signed a terms and conditions contract on the sale of LH™s loss-making UK subsidiary British Midland (bmi).
  • German air traffic controller DFS reportedly interested in NATS stake Germany's state-owned air traffic service Deutsche Flugsicherung (DFS) is preparing to make a bid for a stake in its British counterpart National Air Traffic Services (NATS), according to the UK’s The Sunday Times.
  • Buyers demand more government engagementNew research by the Institute of Travel and Meetings (ITM) has revealed that buyers want more government engagement over issues affecting business travel. The survey of buyers ranged from airport expansion, taxes and long running concern over airlines’ use of data. The research showed that 45% of buyers still¦
  • Virgin œstill in running for bmiVirgin Atlantic is still in the running to buy the loss making bmi from its owners Lufthansa, While the International Airline Group, which owns BA, has an agreement in principle to buy the UK carrier, a spokeswoman for Lufthansa said today (December 12) that still shopping around for the nest deal. The German¦
  • Slight drop in BAA airport passengers There was a slight drop of 0.9% in passengers at BAA’s six UK airports in November compared with the same month last year. The company said 7.8m passengers used its airports at Heathrow, Stansted, Southampton, Edinburgh, Glasgow and Aberdeen during the month. The figures included a slight drop at Heathrow with¦

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  • Virgin to open banks at train stationsBank branches could start appearing at train stations if Virgin Trains manages to hold onto the franchise for the west coast line, according to boss, Sir Richard Branson. Talking after a meeting in which he discussed the firm’s future rail strategy, Sir Richard said that opening branches of Virgin Money at stations along the route between London and Scotland was something he was interested in pursuing.
  • Crossrail Trains To Be Supplied Under PFI Crossrail trains look set to be financed under PFI, after transport secretary Justine Greening denied Boris Johnson’s request to buy the rolling stock through TfL.
  • RMT warns of new Crossrail stitch-up of UK train buildingRAIL UNION RMT warned today that the Government could be preparing an action replay of the Thameslink stitch-up of Bombardier over the Crossrail contract as it emerged that Transport Secretary Justine Greening has sabotaged a plan that would have potentially saved train building in the nation that gave the railways to the world.
  • Consultation for A14 improvement launched after £1.2bn scheme scrappedThe Department for Transport has published a consultation to find proposals to improve the A14 after the £1.2bn Ellington to Fen Ditton scheme was scrapped.
  • Most travel managers have no policy to buy greenMore than two thirds of travel buyers (68%) have no green purchasing policy, a new survey released today (December 12) has revealed. A questionnaire by the Business Travel Show (BTS) found that only 32% of buyers had a policy on going green although only 12% have plans to expand it. Of the majority who do not have a¦
  • High speed rail far œcleaner than cars or planes “ reportThe carbon footprint of high speed rail (HSR) can be as much as 14 times less than that from cars and 15 times less than that from planes, two new reports have claimed. The two studies, High Speed Rail and Sustainability and the Carbon Footprint of High Speed Rail were commissioned by the International Union of¦

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