By: Guy Taylor

Transport Reporter Guy Taylor is the Transport and Infrastructure Correspondent at City A.M. He has interviewed key figures in UK aviation and rail and has a particular interest in investigative reporting. He was highly commended in MHP's 30 to watch award for young journalists in 2025.

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Nissan sees profit rise but anticipates continuation of ‘harsh’ business environment

May 11, 2023

Nissan said that it expects 38 per cent rise in operating profits this year, as it continues a strong resurgence from the lows of the global semiconductor shortage and China shutdown. The Japanese automaker beat analysts expectations, raising profit expectations for the coming year to 520bn yen (£3.07bn) on the back of a stronger sales [...]
Rolls-Royce share price slips despite upbeat new CEO update

May 11, 2023

British engine maker Rolls-Royce said it performed as expected in the first part of the year, with flying hours recovering, and steps taken by its new CEO to find savings putting it on track to meet 2023 targets. Despite the solid if unspectacular update, shares slipped 2 per cent in early trading. Tufan Erginbilgic, who [...]
Heathrow: London airport lands Coronation boost with 6.4m flyers – and 90 per cent get through security in 10 mins

May 11, 2023

Heathrow Airport reported 6.4 million passengers over April, a month which included travellers flocking to the UK for King Charles’ coronation, as well as continued strike action. The West London hub said that there were indications passenger growth may be levelling off after the post-pandemic rebound, with recovery now stable at between 93-95 per cent [...]
Hapag-Lloyd sees profits dive as shipping slump continues

May 11, 2023

Shipping group Hapag-Lloyd has reported a €2.2bn (£1.91bn) tumble in profit, as the end of the post-pandemic shipping boom continues to hit the freight sector. Revenues dived 29 per cent over the quarter to €5.6bn, while pre-tax earnings fell 53.1 per cent to €2.2bn (£1.91bn) in the first quarter. Hapag-Lloyd said a combination of low [...]
Elizabeth line sees hybrid workers flock back to the office

May 11, 2023

London’s popular Elizabeth Line has prompted a surge in workers heading into the office, new research released on the eve of its one year anniversary shows. Footfall data from the workspace operator IWG has today revealed a 23 per cent increase in the number of visits, to offices across nine Elizabeth Line stops, since the [...]
Uber launches new flight-booking feature as it doubles down on growth

May 10, 2023

Uber has launched a new feature that allows customers to book flights using the app, as the company looks to expand modes of travel for users. The ride-hailing giant today rolled out the new booking tool for domestic and international flights in partnership with the online travel agent Hopper. Andrew Brem, General Manager at Uber [...]
Virgin Atlantic hits out at Heathrow ‘failings’ as high costs delay post-pandemic recovery

May 10, 2023

Virgin Atlantic said today that challenges surrounding last years passenger cap at Heathrow and ongoing economic uncertainty affected its final year results, with the airline not expecting to return to profit in 2023. In its 2022 full year results, the airline highlighted “industry wide challenges,” such as July’s 100,000 passenger limit introduced at Heathrow and [...]
Used car market accelerates as consumers opt for cheap vehicles amid rising bills

May 10, 2023

The UK’s used car market saw its biggest quarter of growth since 2020 today, as consumers opt for cheap motors amid higher bills and the sector benefits from the knock-on effects of the semi-conductor shortage ease. The figures, published by the Society of Motor Manufacturers and Traders (SMMT), showed that the UK market for second-hand [...]
Tui: Shares down as travel giant eyes return to profit with strong summer getaway bookings

May 10, 2023

TUI reported its revenues overtook pre-pandemic levels in its half year results this morning, as it cashed in on increased bookings and a boom in summer travel demand. The travel company reported revenues of £2.78bn (€3.2bn), a £870m (€1.bn) improvement on the previous year, with bookings hitting 12.9m across the winter and summer seasons. Losses [...]
National Express ditches name as coach firm goes ‘Mobico’

May 10, 2023

National Express is to change its parent company name to Mobico Group PLC, from June 2023. The coach operator said it believes the name ‘Mobico’ “better reflects” the “international nature” of the group, as it continues a shift to mass transit. Ignacio Garat, group chief executive at National Express said: “Whilst National Express is a [...]

Air fare price warnings mount as regional airports set for rocketing tax bills

Why Snap thinks 2026 will be Sport’s most connected and branded year yet

The Italy holiday taking in amazing skiing and a lesser-visited city

By: Guy Taylor

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