Breaking News
Cost of HS2 high-speed rail line rises by £800m
Work on Euston station and asbestos removal add to bill for London to Birmingham phase. HS2's costs have risen by another £800m, the government has admitted, barely a month after the official start of construction of the high-speed rail network.The reshaping of Euston station is likely to cost at least £400m more than planned, while the discovery of more asbestos than expected in demolitions along the line of the route has added around another £400m.
Wednesday, 14 October 2020
BBC News
- Edinburgh Airport numbers down 91% over six monthsA total of 785,000 people passed through the hub between April and September, compared with 8.4 million in summer 2019.
- Singapore Airlines sells out meals on parked planeThe airline is one of many carriers looking for new business models to make up for lost revenues.
- Airlines and airports in fresh aid package pleaThe industry wants current quarantine arrangements to be replaced with a new testing regime.
Financial Times
- Delta Air Lines boss warns of 2-year business travel recoveryUS carrier suffers plunge in corporate revenues as it burns through more than $20m of cash a day
Times Online
- Britain’s space agency joins Nasa-led international group to sign moon accords [subscription]It’s one small treaty for man, one giant leap for lawyerkind. Britain’s space agency has joined an international group led by Nasa in signing new accords governing the exploration of the moon. It has done so, however, despite the notable absence of Russia and China and amid accusations that it is engaging in a lunar land grab.
Birmingham Post
- New aerospace contracts for Cube Precision EngineeringBlack Country tooling firm secures new wins which have enabled to bring staff back from furlough
Other Regional Press
- EXCLUSIVE: Heathrow chief shares ‘devastating’ impact of CovidThe chief operating officer of Heathrow Airport is not expecting the aviation industry to recover until at least 2023. Emma Gilthorpe, who will appear at the Courier Business Conference next month, said she expects a partial recovery next year, but is not expecting passenger numbers to fully return until a Covid vaccine is available.
- Third Heathrow runway could bring huge economic benefits to FifeThe Supreme Court has heard arguments from Friends of the Earth and Heathrow about whether the expansion plans can go ahead.
Other News Sources
- Heathrow Is No Longer One Of Europe’s 10 Busiest AirportsLondon Heathrow Airport has dropped out of Europe’s 10 busiest airports as the coronavirus pandemic continues to ravage the UK aviation industry. In August and September, the airport handled just 18% of passengers compared to figures from 2019.
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