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

Thursday, 28 June 2018

BBC News

• Loganair posts losses of nearly £9mThe airline's deficit follows the end of its franchise agreement with Flybe, which now competes with it.

City AM

• Fastjet shares nosedive as it issues warning over future with shareholder talks underway to land new fundingThe low-cost African airline backed by Easyjet founder Sir Stelios Haji-Ioannou has warned this morning it could go bust unless emergency talks with shareholders yield new funding.
• Gatwick promises further growth as airport enjoys busiest year in its historyGatwick Airport enjoyed its busiest ever year as passenger numbers boomed thanks to an expansion of its long-haul offerings to passengers.
• The new chief of the UK Civil Aviation Authority has warned Heathrow not to get complacent over its affordable travel promisesThe new chief executive of the Civil Aviation Authority has used his first speech since starting his post to warn Heathrow against backtracking on promises for more affordable travel.
• Gatwick 'respects Heathrow vote' and vows to grow without second runwayGatwick airport has said it "respects" the government's position on Heathrow while vowing to increase capacity with the infrastructure it already has.

Aviation Industry

• Industry welcomes progress on CORSIA standardsThe air transport industry’s global emissions scheme progressed one step further this week when a set of standards was agreed at an ICAO Council meeting in Montreal. read more
• Delta CEO says don't overbuild; skeptical on hypersonic airlinerDelta Air Lines CEO Ed Bastian reaffirmed his interest in the Boeing new mid-market aircraft (NMA), which he dubbed the 797, but is far less certain of the need for another potential new airliner that Boeing unveiled this week, a Mach 5 hypersonic aircraft. read more

Other News Sources

• Heathrow boss: Brexit hasn't affected usJohn Holland-Kaye plays down Heathrow operator Ferrovial’s move out of the UK We caught up with Heathrow boss John Holland-Kaye just hours after Parliament ended a 50-year-old debate and overwhelmingly decided that the Heathrow expansion must go ahead.