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

Wednesday, 13 June 2018

City AM

• Initial costs for HS2 civil works costs are £1bn over budgetCosts for main civil works on the government's controversial High Speed 2 (HS2) project are coming in £1bn over budget.
• Gatwick airport unveils £1.1bn five-year plan to ramp up growth without expansionGatwick is finding alternative ways to tackle its capacity problem, announcing a new five-year plan that will pump an extra £1.1bn worth of investment into the airport.

East Anglian Daily Times

• Stansted passenger numbers soar to record highs in May with launch of more long-haul routesMore long-haul routes have boosted passenger numbers at Stansted Airport to record levels, figures reveal.

Aviation Industry

• UK aerospace industry urges pre-Brexit safety pactADS, the trade body representing the UK aerospace industry, has urged talks to ensure aviation safety arrangements between the European Aviation Safety Agency (EASA) and the UK‘s Civil Aviation Authority (CAA) are hammered out before the UK leaves the European Union, or Brexit. read more
• More US capacity cuts needed after Southwest cuts growth, analysts sayRecent news from Southwest Airlines that it is scaling back planned growth through year-end will help keep domestic capacity in check as costs rise, but similar moves will be needed by peers to cement what analysts believe is a necessary market correction. read more
• CRAIC pushes up CR929 first delivery to 2025The scheduled first delivery of the Chinese-Russian commercial aircraft consortium CRAIC CR929 widebody airliner has been moved up by two years to 2025, with the first flight now scheduled for 2023. read more