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

Thursday, 18 October 2018

BBC News

• Cypriot budget airline Cobalt has suspended operationsThe low-cost carrier, which flew to several UK destinations, cancels all flights from midnight.
• Flybe shares sink on profit warningAirline expects an annual loss of £12m after taking a hit from the weak pound and higher fuel costs.

The Guardian

• Flybe profits warning wipes 40% off regional airline's valueForecast of ‘softening’ revenues over next six months blamed on falling demand

The Independent

• Flybe profits hit by higher fuel prices and weaker poundBudget airline Flybe has warned that profits will drop in the second half of the year, due to a combination of lower demand, higher fuel prices and weaker sterling.
• Cobalt Air collapse: Thousands of Cyprus holiday plans wrecked after another budget airline ceases operationsCobalt, the Cypriot airline, has collapsed overnight. Tens of thousands of passengers are waking up to find that their tickets for future travel to and from Cyprus and Greece are worthless.

The Scotsman

• World’s shortest flight could be an electric first for OrkneyIslanders on Orkney may soon be part of another world first with plans to introduce electric planes on the shortest passenger flight on record.

Times Online

• Flybe investors reach for the sick bags [Subscription]If Flybe’s turboprops were on the same flight path as the carrier’s stock price, the folk in the air traffic control tower would be diving for cover.

Mail Online

• Heathrow Airport plans to install facial recognition scanners so passengers can fly without having to show their passportsPassengers could soon fly from Heathrow without having to show their passport or boarding pass

Aviation Industry

• Munich Airport third runway may see significant delaysGermany’s Munich Airport will likely see a significant delay—if not an outright stop—of plans to build a third runway following regional elections in Bavaria Oct. 14. read more
• Scotland’s Loganair to increase jet fleetScottish regional carrier Loganair plans to increase the use of jets in coming years, as existing turboprop aircraft are retired. read more
• Air New Zealand inks autonomous air taxi partnershipAir New Zealand aims to help develop the autonomous air taxi concept by partnering with Zephyr Airworks—a company testing such an aircraft in New Zealand. read more