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Transport & Infrastructure

  • Tui hit by Middle East travel chaos and rising fuel costs

    Transport & Infrastructure

    Tui has suffered a slip in earnings at its airlines business as the Iran war continues to wreak havoc on global tourism routes and spike fuel prices. The Frankfurt-listed group, which is the world’s largest travel and tourism firm, swung to a €17m loss in its airlines arm in the six months to June, reversing [...]

    TUI airline crew, pilots and flight attendants, smiling on aircraft stairs with the TUI tail logo in the background
  • Balfour Beatty ups profit forecasts as it defies construction gloom

    Transport & Infrastructure

    Balfour Beatty has boosted its earnings and cash flow targets, as the construction firm’s “real momentum” defies wider gloom facing the sector.  The group, which works with the government on major infrastructure projects, has seen the value of its order book jump by 17 per cent to £22.9bn in the six months to June, as [...]

    Balfour Beatty construction site showcasing cranes, workers, and building progress against a city skyline backdrop
  • Heathrow overtaken by Istanbul as Europe’s busiest airport

    Transport & Infrastructure

    Heathrow said the case for expansion has “never been clearer” after it was overtaken by Istanbul as Europe’s busiest airport. The West London transport hub has long been Europe’s busiest travel destination, and is currently locked in a dispute with the regulator over its plans for a third runway.  “The case for expansion has never [...]

    Commercial airplane landing at Heathrow Airport, seen from behind, with a prominent Heathrow sign below.
  • London AI car firm records surge in revenue on demand for driver-tracking software

    August 11, 2026

    Car tech firm Seeing Machines has accelerated into profitability after new European safety legislation triggered a surge in demand for its driver-tracking software. The AIM-listed group, which builds camera and AI software that tracks drivers’ eyes and heads in real time, reported a 45 per cent jump in revenue to $76.3m, up from $52.8m the [...]

  • The BBC shouldn’t push Londoners to accept antisocial phone behaviour 

    August 7, 2026

    Life is already hard enough. The public don’t need commentators telling them that playing music out loud on public transport is a kind of performance art, writes Matt Kenyon A few years back, I was sitting on a Chiltern Rail train opposite a woman who didn’t realise her headphones weren’t properly plugged in, as her [...]

  • Luton Airport expansion set for take-off after environmental challenge dismissed

    August 4, 2026

    London Luton Airport’s growth plan has received judicial approval after a campaign group’s legal challenge was rejected by the UK’s top court. The Supreme Court has given the plans the green light after dismissing a challenge from Luton and District Association for the Control of Aircraft Noise (LADACAN), which had argued the decision was unlawful [...]

  • Gatwick expansion green-lit as court throws out activists’ appeal

    August 4, 2026

    Work on Gatwick Airport’s second runway can get under way after the Court of Appeal kicked out a legal challenge against the expansion project. Legal appeals brought by local resident Peter Barclay and the environmental group Communities Against Gatwick Noise Emissions (CAGNE) against the expansion of Gatwick Airport have failed in court for the second [...]

  • Easyjet extends window for another Castlelake bid

    August 3, 2026

    Easyjet has extended the window for another takeover bid from asset manager Castlelake after its offer was usurped by investment giant Apollo last month. The budget airline said on Monday that it was still set to recommend the Apollo deal to shareholders, which values its stock at £7.15 per share, but would extend Castlelake’s deadline [...]

  • Easyjet takes £200m profit hit in Iran war travel chaos

    July 23, 2026

    Easyjet has revealed a £200m profit hit as the budget airline battles with the soaring energy costs and falling travel demand caused by the Iran war.  The FTSE 250 carrier posted an £85m profit in the three months to June, down 70 per cent on £286m in the previous year, as passenger volume slipped by [...]

  • Ryanair profit tumbles as jet fuel prices soar

    July 20, 2026

    Ryanair shed more than a third of its profit as rising jet fuel prices triggered by the Iran war began to take effect.  The budget airline had previously insulated itself from rising fuel prices by fixing its energy costs on hedged contracts.  But Ryanair said the cost of the 20 per cent of its jet [...]

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