Ryanair pilots vote to back deal over working conditions September 6, 2018 Ryanair pilots in Ireland have voted to accept the airline's deal over working conditions. The agreement follows five days of industrial action by pilots represented by the trade union Forsa, and was proposed after 22 hours of talks. Read more: Ryanair shares take flight after trade union agreement Around 100 of the 350 Ryanair pilots based in [...]
Thameslink owner Go-Ahead Group’s profits climb despite London Midland franchise loss September 6, 2018 Govia Thameslink owner Go-Ahead Group reported higher profits this morning despite losing a franchise and dealing with timetable chaos. Shares in the company jumped 9.4 per cent in early trading as management signalled that performance for next year would be "robust". The figures Revenue for the year to 30 June fell 0.6 per cent to [...]
Volvo dreams up its first driverless electric car September 5, 2018 Volvo has unveiled its first electric self-driving car concept, as it races to meet its own targets of making a third of its car sales autonomous by 2025. Aside from driving around town, Volvo hopes that the 360c could replace short-haul air travel, particularly for routes where the distance travelled is around 300km (186 miles) such as [...]
Chinese ride-hailing firm Didi Chuxing to plug £16m into customer service after passenger death September 5, 2018 Chinese ride-hailing firm Didi Chuxing is set to fork out 140m yuan (£16m) to improve its customer service, after a passenger was raped and killed by her driver. Founder Cheng Wei told government regulators of his decision when they visited the company as part of a nation-wide inspection into ride-hailing firms, according to reports from Chinese newspaper Beijing [...]
UK car sales grew 23 per cent in August as regulatory changes triggered deals September 5, 2018 New car registrations soared by nearly a quarter last month, with dealerships selling 94,094 vehicles. That’s a 23 per cent rise from 76,433 sold in August 2017, data released by the Society of Motor Manufacturers and Traders (SMMT) today revealed. Regulatory changes were credited with the unexpectedly high growth in a traditionally slow month before [...]
Petrol prices have risen for eight of the last 12 months, warns RAC September 5, 2018 Rising oil prices and a weakening pound are sending fuel prices rocketing, RAC warned today. Petrol has seen price hikes in eight months of the past year, while the cost of diesel has increased in nine of the last 12 months. Read more: Petrol station merger could drive up fuel prices, watchdog finds Prices at [...]
Theresa May mulls major rail review following East Coast fiasco September 4, 2018 Plans for a sweeping review of the UK’s rail franchising system are being drawn up by the government, as Downing Street hunts for a way to solve the country’s transport woes without abandoning the use of private operators. Several sources confirmed to City A.M. that Theresa May is strongly considering a review into the UK’s [...]
Ryanair cancelled 550 flights in August September 4, 2018 Budget airline Ryanair cancelled 550 flights last month, which affected more than 100,000 customers, figures released today show. A 24-hour pilot strike over pay and conditions took place across Ireland, Germany, Sweden, Belgium and the Netherlands on 10 August, grounding 396 flights. Read more: Niki Lauda-founded Laudamotion to double Airbus fleet The low-cost carrier also said [...]
London needs a new mayor to get the transport show back on the road September 4, 2018 You may remember the old joke about the family who, hopelessly lost in the middle of nowhere, wind down their car window to ask for directions, only to be told “I wouldn’t start from here if I were you”. In the third year of Sadiq Khan’s mayoralty, transport in London isn’t quite that bad, but [...]
Water companies outline plans to cut customer bills September 3, 2018 Water companies have submitted five-year plans to reduce customers' bills to industry regulator Ofwat. Severn Trent Water said there will be a five per cent reduction in bills in real terms, and United Utilities revealed that customers will pay 10.5 per cent less under plans for 2020 to 2025. Read more: Thames Water launches major investment after choppy year London's [...]