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TfL hit by £100m fall in ad revenue across tube, rail and bus network
Exclusive: record low level of London journeys during Covid crisis drives down commercial income. Transport for London (TfL) has recorded a £100m plunge in advertising revenue across its network of tube stations, trains and buses after Covid-19 pandemic restrictions kept commuters away from travelling to work.TfL's advertising estate which comprises more than 100,000 billboards, posters and panels throughout the capital's tube and rail network, in trains and on buses and shelters“ is one of the largest and most valuable in the world.
Proposals to reopen closed railway line and build new station in Oxfordshire
Reopening a closed Oxfordshire railway line and building a new station feature in recommendations for the future of rail in the area.
Monday, 05 July 2021
BBC News
- Australia's Sydney Airport gets $16.7bn takeover offerThe firm's shares soared as the move is seen as confidence in air travel recovering from the pandemic.
Financial Times
- Airline entrepreneurs check-in for pandemic reboundNew founders apply business lessons to carve out profitable niches and differentiate themselves from existing carriers
- Emirates spearheads airline industry attack on credit card fees Dubai-owned carrier launches alternative payment scheme designed to avoid hefty charges
Newcastle Evening Chronicle
- Newcastle Airport boss opens up about 'significant effect' Covid-19 has had on aviation industryNewcastle Airport boss speaks about its post-Covid recovery and hopes for easing of travel restrictions on passengers
Northern Echo
- Covid-19: Bail-out for Teesside Airport ‘significantly smaller’ than at other airportsTEES Valley Mayor Ben Houchen says a £10m bail-out for Teesside Airport is “significantly smaller” than the financial support provided to other regional airports.
Other Regional Press
- Meet East Anglia's electrical aviation pioneersWhen people hear the words "aviation pioneers" they might think of Amelia Earhart, Charles Lindbergh or the Wright Brothers.
- Southend Airport to receive £20m cash to boost Covid recoverySOUTHEND Airport is set to receive a £20 million cash injection to boost its recovery from the Covid pandemic.
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