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MPs call for recount on train punctuality figures

Three MPs are calling for rail operator Southeastern to re-examine its punctuality figures for the past 12 months.

Electric car 'not yet affordable'

Most global car executives do not see a reasonably priced electric vehicles being available in the next five years, a survey suggests.

China eyes creation of global rail leader

Proposal to merge two dominant state-owned railway equipment producers to lead a high-speed rail export drive

Invensys Rail delays payments to suppliers

Suppliers to Invensys Rail face rising costs after the group told key UK contractors they would wait up to twice as long to be paid. The decision has been heavily criticised by suppliers who now face further financial pressure after a fallow period of new works from Network Rail, which owns and operates the rail infrastructure.

Thousands of airline passengers' bags mislaid during snow

Luggage belonging to thousands of airline passengers was mislaid during the heavy snow before Christmas, it has emerged.

Thursday, 06 January 2011

Financial Times

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  • EasyJet lands Airbus deal for Euro expansionEASYJET yesterday signed a deal worth hundreds of millions of pounds for new aircraft to underpin its drive into continental Europe. It is buying 15 Airbus A320s with a list price of $1.1billion (£705million), although the company said it had negotiated a substantial yet confidential discount.

Belfast Telegraph

Daily Post (North Wales)

Aviation Industry

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  • MAG seals £280m refinancing MANCHESTER Airports Group has completed a £280m five-year refinancing. MAG, which owns Manchester, East Midlands, Bournemouth and Humberside Airports, has agreed terms with seven major lenders ahead of July - when its present facility was due to expire.

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