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Transport & Infrastructure

  • VP profit falls as Brandon Hire Station and housebuilding woes drag on results

    June 5, 2024

    Pre-tax profit fell 90.9 per cent, in large part down to the impact of £27.7m of non-cash impairment at VP's subsidiary, Brandon Hire Station

  • Ryanair passenger numbers near 20m as Europe’s record summer kicks off

    June 5, 2024

    Some 18.9m passengers flew with the Irish budget carrier over the month, up 11 per cent year-on-year as it operated 105,000 flights.

  • WH Smith’s ‘transformation’ to a ‘one-stop-shop for travel essentials’ reaps rewards

    June 5, 2024

    WH Smith has increasingly sought to rely on its travel arm as demand booms following years of Covid-era lockdowns.

  • Maersk hikes guidance as shipping costs rise on Red Sea disruption

    June 4, 2024

    Maersk has hiked its full-year earnings guidance amid strong demand and continued disruption in the Red Sea.

  • Which London airport did Emirates’ airlines boss compare to a ‘post-Second World War’ hub?

    June 4, 2024

    The head of Emirates airlines has said Heathrow is "seriously lagging behind" rival hubs and compared it to a run down Second World War airport.

  • Wizz Air carried 5.1m passengers in May despite engine issues dragging on capacity

    June 4, 2024

    Wizz Air carried 5.1m passengers in May ahead of a busy summer but capacity is still being impacted by issues with its Pratt and Whitney engines.

  • The sooner the better for a Eurostar competitor – but it won’t be smooth sailing

    June 4, 2024

    An end to Eurostar's monopoly on the Channel Tunnel can only be a good thing for passengers, Guy Taylor argues

  • Former Melrose bosses take chunk of £180m bonus scheme

    June 3, 2024

    Three former bosses at Melrose Industries have raked in a big chunk of a £180m bonus scheme shortly after leaving the group.

  • Mobico: Short sellers circle struggling National Express owner

    June 3, 2024

    Short sellers including the hedge fund owned by GB News baron Paul Marshall are circling the struggling FTSE 250 transport firm Mobico Group.

  • Siemens’ Yorkshire-made battery trains will save ageing British railways £3.5bn

    June 3, 2024

    Battery trains being built at Siemens' new facility in Goole, Yorkshire, will save Britain's railways £3.5bn.

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