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

Friday, 26 July 2019

BBC News

• Bristol Airport expansion plans 'can't be at any cost'One of the UK's top tourist destinations has warned against expansion of a nearby airport.
• Belfast airports: Two tonnes of food seized so far in 2019Foreign food and plants can pose a risk to the agri-food sector in Northern Ireland.
• Flight delay court cases could close routes, says Loganair bossLoganair's chief executive says lawyers are aggressively targeting airlines over cancellations due to the weather.
• Boeing warns it may stop 737 Max productionPlanemaker Boeing reports a $3.4bn loss because of the 737 Max crisis as it mulls halting production.
• British Airways to resume Cairo flights after security reviewThe airline suspended flights to the Egyptian capital last week as a

The Telegraph

• Wizz Air soars as profits reach record heights [Subscription]izz Air reported a record €75.5m pre-tax profit for the three months to June 30 as passenger numbers jumped by a fifth to 10.4m. That compared with a €30.5m loss for the same period last year.

Times Online

• Cobham bid puts historic company on new flight path [Subscription]The £4 billion takeover bid for Cobham by the private equity firm Advent is the latest chapter in the colourful history of the 85-year-old British company.
• American Airlines and Southwest Airlines reveal cost of Boeing 737 Max crisis [Subscription]Investors knocked $650 million off the combined value of American Airlines and Southwest Airlines yesterday after the US carriers disclosed writedowns linked to the Boeing 737 Max crisis.

City AM

• American Airlines to take $400m hit from Boeing 737 Max groundingsAmerican Airlines shares dropped today after it said the Boeing 737 Max groundings would likely dent its 2019 pre-tax earnings by around $400m (£320m).

London Evening Standard

• Stansted Airport strike: Union suspends this week's walkout as staff vote on pay offerDisruptive strikes at London Stansted Airport planned for Friday and Saturday have been suspended.
• British Airways set to resume flights to Cairo after temporarily halting service over security concernsBritish Airways will resume flights to Cairo after temporarily halting the service last week due to security concerns.

Aviation Industry

• AirBaltic raises $223 million in bond offeringLatvian carrier airBaltic has placed €200 million ($223 million) in bonds, which will be listed on the Euronext Dublin stock exchange, generating funds for the airline’s general liquidity and fleet expansion. read more
• Wizz Air swings to profit in 1Q on 25% revenue boostWizz Air made a strong start to its financial year, with a combination of firmer fares and the growing number of new-generation aircraft in its fleet, allowing the Central and Eastern European LCC to turn around its financial figures. read more
• Southwest takes MAX out of service through year-end; 2Q income up 1%Southwest Airlines has pulled its Boeing 737 MAXs through the end of the year and made several tactical changes—including route cuts and major fleet-plan modifications—to help compensate for the model’s prolonged grounding, the carrier said July 25 when announcing its second-quarter earnings. read more

Other News Sources

• Heathrow third runway noise problem too big to offsetHeathrow airport has been accused of broken promises on noise pollution, as officials claimed a third runway would not make noise worse for Londoners.