Transportinfo.org.uk - today's transport news in the uk, hand picked for you each morning

Tuesday, 05 June 2012

BBC News

• Qantas profit to dip by up to 90%Qantas says it expects its profits to fall by as much as 90% amid growing losses at its international operations and higher fuel costs.

Financial Times

• EU airline consolidation: flightplans on holdOne theory says that Europe could live with three flag carriers a couple of budget airlines and, perhaps, a few niche players
• Investigators scour Lagos aircraft wreckFears over Nigeria™s air safety record are renewed but the cause of the Dana Air disaster, in which at least 163 people were killed, is unknown
• Qantas warns of 90% profit fallAustralian carrier blames soaring fuel costs and mounting domestic competition for the warning, which sent shares down as much as 18% to a record low

The Guardian

• Tripoli airport back in our control, says Libyan governmentInternational flights were diverted after militia protesting against reported kidnapping of their leader stormed airportArmed militias stormed Tripoli international airport on Monday in a protest against the reported kidnapping of their leader. The militias, from Tarhuna, 40 miles south of Tripoli, captured the airport, firing shots as their vehicles careered across the runway in front of planes waiting to take off, forcing international flights to be diverted to the capital's military airport.The attack on the airport, which was apparently unguarded, has raised fresh questions about the gover...

The Independent

• 'Flight game is not a fair fight' says Varwijk Other industries are far bigger polluters but the politicians win votes by coming down hardest on aviation sector, KLM executive Erik Varwijk tells Toby Green

The Telegraph

• Qantas warns of 90pc fall in profits Qantas, the Australian flag carrier, warned full-year profit could dive by up to 90pc on the back of steep losses in its international arm, sending its share price plunging to all-time lows.