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

Thursday, 31 January 2019

BBC News

• Call for action on Glasgow Airport transport linksA new report says the airport is worth £1.44bn to the economy as bosses warn its economic potential is being curbed.

City AM

• Wizz Air profits tumble but airline clings to guidance as passenger numbers growWizz Air witnessed an 88 per cent drop in pre-tax profits at the end of 2018 but has insisted it’s on track to meet its annual guidance.

Aviation Industry

• Aeroflot Group traffic up 11% in 2018Russia’s Aeroflot Group carried 55.7 million passengers in 2018, up 11% year-over-year (YOY). International traffic grew 9.7% to 24.7 million, while domestic traffic increased 12.3% to 31 million. read more
• Flybe rejects call for a general meeting UK regional carrier Flybe has rejected a demand for a general meeting from Hosking Partners, which manages 18.72% of Flybe’s shares on behalf of several investors. read more
• Ryanair’s O’Leary: More airline acquisitions possibleOn the heels of Ryanair’s acquisition of Austria-based LaudaMotion, the Irish LCC sees the potential to add more airlines to its current group of three carriers. read more
• Boeing embeds more workers at CFM, suppliers to boost production Boeing is embedding more employees at factory sites of engine-maker CFM International and its suppliers as the aircraft OEM tries to help its supply chain overcome narrowbody production rate ramp issues that linger from 2018, even as industry looks to boost manufacturing again this year. read more

Other News Sources

• Tees Valley Mayor meets offshore wind energy chiefs over plans for Durham Tees Valley AirportTees Valley Mayor Ben Houchen met senior offshore wind energy chiefs to drive forward plans for a heliport at Durham Tees Valley Airport to support a £3.2billion project.