South Western Railway passenger journeys dropped by 18m last year as franchises veer off track June 14, 2018 Embattled train operator South Western Railway (SWR) saw a dramatic drop of 18m passenger journeys over the past year as it grappled with engineering works at Waterloo, a switch in franchise ownership and industrial action. London's busiest station underwent an upgrade in a bid to boost capacity by 30 per cent, which has largely contributed [...]
Ryanair says new $300m UK base at London Southend airport isn’t a vote of confidence in UK aviation June 13, 2018 Ryanair is to open a new base at London Southend airport in April 2019, despite its oft-repeated warnings of “serious disruption” to flights after the UK leaves the European Union. But the airline’s chief commercial officer David O’Brien warned the move should not be viewed as "some sort of vote of confidence in the future [...]
Thursday’s 24-hour Tube strike has been called off, as talks between unions and TfL are suspended June 13, 2018 A 24-hour Tube strike on the Jubilee line due to be held on Thursday has been called off, due to a row over timetable changes between theTransport for London (TfL) and the Rail, Maritime and Transport (RMT) union. Two previous 24-hour walkouts, organised by both RMT and train drivers' union Aslef and set for 6 [...]
Gatwick airport unveils £1.1bn five-year plan to ramp up growth without expansion June 13, 2018 Gatwick is finding alternative ways to tackle its capacity problem, announcing a new five-year plan that will pump an extra £1.1bn worth of investment into the airport. Gatwick, the UK’s second largest airport, said it expected passenger numbers to reach 53 million by 2023. It has repeatedly asked to be able to build a third [...]
Network Rail told to spend additional £1bn on railway upgrades after timetable debacle June 12, 2018 Network Rail needs to spend a further £1bn on Britain's railways in order to prioritise reliability and safety after recent performances have failed passengers, the rail regulator has said. In its review of Network Rail's five-year spending plan, the Office for Road and Rail (ORR) said the total budget for maintenance and renewal should be [...]
Initial costs for HS2 civil works costs are £1bn over budget June 12, 2018 Costs for main civil works on the government's controversial High Speed 2 (HS2) project are coming in £1bn over budget. HS2 currently has a target for construction costs of £6.6bn, while its overall budget for the project is £56bn. The New Civil Engineer has reported that interim costs submitted by contractors are currently above the [...]
What you need to know about the June Tube strike that could mean no Jubilee Line service and busier stations than usual June 12, 2018 A 24-hour Tube strike is still set to go ahead on Thursday due to a row over new timetable changes. The Rail, Maritime and Transport (RMT) union is holding a walkout on Thursday 14 June, pending further talks with Transport for London (TfL). Here's what we know so far about the likely disruption… Which line [...]
Easyjet says a third runway at Heathrow will mean lower fares and new routes June 12, 2018 Easyjet has said fares would drop by around a third if Heathrow is given the green light to expand. The budget airline said the contentious expansion of the airport would allow low-cost carriers to enter the airport for the first time, resulting in increased competition that would drive down fares for passengers. While also allowing [...]
British Airways-owner IAG in the spotlight over excessive exec pay June 12, 2018 British Airways-owner IAG has been criticised by a shareholder advisory group for excessive executive pay. Advisory group Pirc has recommended shareholders abstain on IAG’s remuneration report over concerns about excessive pay for its chief executive. Pirc said that the pay of chief executive officer (CEO) Willie Walsh was “unacceptable” when compared to an average employee, [...]
TfL issues travel advice for Thursday’s 24-hour Tube strike and warns Jubilee Line passengers of disruption June 12, 2018 Commuters on the Jubilee Line are being warned to brace themselves for further strike action on Thursday which will mean no services will be in operation. The Rail, Maritime and Transport (RMT) union is currently in talks with Transport for London(TfL) to prevent the action going ahead. If it does go ahead, there will be [...]