Aircraft leasing firm Avation sees profits cut in half March 1, 2024 The company posted it unaudited results for the six months ended 31 December 2023, which saw revenue and other income at $46.3m (£36.6m), down from the $55.7m (£44m) it reported for 2022.
Wincanton switches horses and backs new £762m takeover bid – but will French suitor come back? March 1, 2024 Wincanton looks set for a £762m takeover by Clipper logistics owner GXO after bosses withdrew their backing for a rival bid and waved through a new offer to shareholders.
Clipper logistics owner GXO makes £762m offer for Wincanton as bidding war heats up February 29, 2024 GXO, the owner of Clipper Logistics, has announced a £764m swoop for Wincanton as a bidding war with a French rival heats up.
Work on £1.75bn Midlands Rail Hub to begin after extra funds injected February 29, 2024 Design work on the £1.75bn Midlands Rail Hub project is set to start after the government provided an extra £123m.
IAG: British Airways owner hits £3bn profit and boss says plenty more to come February 29, 2024 British Airways owner the IAG reported record pperating profits in its full-year results this morning amid a boom in travel demand.
Spring Budget 2024: Transport for London in ‘terminal decline’ if new cash not forthcoming February 29, 2024 As the Spring Budget looms, London's real estate sector has launched fresh calls for a long-term funding package for Transport for London.
IAG: British Airways owner signs biggest-ever deal for sustainable aviation fuel February 28, 2024 British Airways owner the IAG has announced its biggest ever deal to purchase a US-based producer of susatainable aviation fuel (SAF).
Alfa Romeo’s Formula 1 team supplier AB Dynamics maintains 2024 outlook on ‘solid’ orders February 28, 2024 AB Dynamics maintained its half-year guidance this morning after reporting a "solid order book" and after a record set of results in January.
Jaguar Land Rover owner Tata confirms site for mega £4bn Somerset gigafactory February 28, 2024 Jaguar Land Rover owner Tata has confirmed the site for the UK's biggest electric vehicle battery factory.
Aston Martin’s losses more than half on higher prices despite hit to wholesale volumes February 28, 2024 Aston Martin losses halved in its full-year results despite a hit to wholesale volumes after production issues with the roll-out of its DB12 model.