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Rail passengers pay price for broken franchising system, say MPs

Department for Transport accused in report of not learning lessons from previous failures

Investment in train services to significantly improve conditions, says MP

An investment in the county's train services will "significantly improve" the current "poor conditions", says Shrewsbury's MP

Friday, 27 April 2018

City AM

Aviation Industry

  • Lufthansa Group narrows losses in 1Q; Eurowings weighs down profitsLufthansa Group reported a 2018 first-quarter net loss of €57 million ($70.2 million), narrowed from a net loss of €68 million in the year-ago quarter. Group revenue for the quarter was down slightly to €7.6 million, down 0.7% compared to the 2017 1Q. read more
  • Southwest Airlines marketing activity ceased following engine failureSouthwest Airlines executives said they do not believe it is yet appropriate to resume television advertising in the aftermath of the April 17 Boeing 737-700 engine failure that resulted in a passenger fatality, conceding this may slow the carrier’s business recovery from a noticeable softening in bookings following the incident. read more
  • US travel advocates applaud Pompeo as next Secretary of State Advocates for businesses tied to US travel applauded President Donald Trump’s pick to be the next secretary of state, Mike Pompeo, after he was confirmed by the Senate April 26, but said they expect him to keep to positions he testified he supported. read more

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