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Transport & Infrastructure

  • National Express reports revenue growth led by European ventures

    July 28, 2016

    National Express reported strong growth today despite a subdued UK market. The figures National Express posted group revenues up 14.4 per cent for the first half of 2016 to £1.1bn. The company reported pre-tax profit up 4.8 per cent to £56.9m in the six month period ending 30 June. Net debt rose by £88.4m to [...]

  • Commuter hell might get worse: RMT to ballot station staff across Govia Thameslink Railways

    July 27, 2016

    Already reeling from upheaval on Southern Rail, commuters may enter the next circle of hell as RMT is to ballot staff across Govia Thameslink Railways (GTR). The union says it is to ballot station staff for industrial action over the threat to jobs, pay and safety from the impact of ticket office closures and the [...]

  • Flybe warns of “uncertain outlook” due to French fears and Brexit

    July 27, 2016

    Shares in troubled airline Flybe continued to slide today as its boss admitted the outlook for the company is “very uncertain”. The share price of the Exeter-based airline has more than halved since the start of year and the first quarter results released today failed to arrest such a decline with shares falling over seven [...]

  • MPs back third runway at Heathrow in first post-Brexit poll

    July 27, 2016

    Members of Parliament overwhelmingly support a third runway at Heathrow to expand aviation capacity in the south east, according to the latest poll. In the first post-Brexit poll on the matter, 76 per cent of MPs think an expanded Heathrow is an important factor in Britain’s future ability to stay connected to the world in [...]

  • London Wall still closed to vehicles eastbound after hundreds evacuated following a gas leak last night

    July 27, 2016

    London Wall was still closed to some vehicles after a gas leak last night caused hundreds of City workers to be evacuated. City of London police said the road was closed to vehicles heading eastbound. No injuries or fatalities were reported in the incident, a spokesman for the London Fire Brigade said last night. He added that [...]

  • Get your passport ready: London City Airport is about to take off with a £344m expansion scheme in a post-Brexit vote boost to UK trade

    July 27, 2016

    Forget the debate about Heathrow and Gatwick, London's most central airport is about to take off with a £344m expansion plan in a post-referendum boost to UK trade. Chancellor Philip Hammond, transport secretary Chris Grayling and communities secretary Sajid Javid have today given the green light to the multi-million pound expansion of London City Airport, in [...]

  • New York airline JetBlue could be about to add European routes after placing “gigantic” $3.6bn Airbus order

    July 26, 2016

    JetBlue Airways – a New York based airline – could be about to put on new routes to Europe after placing a "gigantic" $3.6bn (£2.7bn) order for 30 Airbus jets.  The move would mark a huge change in strategy for the domestic focused US discount carrier. Some of the 30 new single-aisle A321 planes would be used for the carrier’s premium [...]

  • Fire at Gatwick train station causes travel disruption for holidaymakers

    July 26, 2016

    A fire on the tracks at Gatwick station has caused travel chaos for holidaymakers and commuters in south London and the south east, with several delays and no trains running between Gatwick Airport and Brighton. One Twitter user captured this footage of the blaze: Fire on the electrical cables @ outside Gatwick station #gatwickexpress #southernrailway.com pic.twitter.com/ywIs0a7xz0 — [...]

  • Hailo to merge with MyTaxi to take on Uber

    July 25, 2016

    Cab-hailing app Hailo is expected to announce a merger rival app MyTaxi tomorrow. The move is part of a strategic investment by Mercedes-Benz-owner Daimler – the owner of MyTaxi – it was first reported by Sky News. Hailo has been seeking further funding for some time, having had only enough cash to support itself for [...]

  • MPs call for “urgent” decision on airport expansion

    July 24, 2016

    A final decision on expanding the UK's airport capacity needs to be made "urgently", a group of MPs have said, with further delay putting the economy at risk. A report from the British Infrastrucutre Group (BIG), a cross-party group led by Grant Shapps, urged Theresa May to make a decision "to show the new leadership's mettle". Read more: Heathrow [...]

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