Transportinfo.org.uk - today's transport news in the uk, hand picked for you each morning

Wednesday, 17 January 2018

Financial Times

• Qantas named most polluting transpacific airlineLow passenger loads and reliance on large aircraft lead to poor fuel efficiency

The Guardian

• Heathrow to unveil shorter third runway plan in bid to cut costsProposal sees 300 metres cut from runway in effort to help reduce costs to £15bn, but opponents say move changes forecasted economic benefitsHeathrow is to unveil proposals for a shorter, cheaper third runway in a public consultation to help push its expansion plans through.The airport will propose cutting 300 metres from the length of the northwestern runway, a scheme approved by the government following the Airports Commission process, in an attempt to cut costs. Continue reading...

The Telegraph

• Heathrow suggests routing M25 through a tunnel under third runway

City AM

• British Airways owner IAG "remains hopeful" of wrapping up Niki acquisitionBritish Airways owner IAG said today it "remains hopeful" of being able to complete the acquisition of Austrian airline Niki, after a back-and-forth over where insolvency proceedings should be handled.
• Norway's massive sovereign wealth fund sells out of BAE Systems and eight other companies in an ethics pushNorway's massive $1.1 trillion (£777bn) sovereign wealth fund has pulled its investment in UK defence company BAE Systems, as it continues an ethical push.
• Heathrow launches consultation on expansion plans including raising runway over the M25Heathrow Airport has revealed its latest plans for expansion after pledging to trim £2.5bn off costs, including options on how to deal with Britain's busiest motorway.

Aviation Industry

• Ryanair renews interest in NIKI takeover Ryanair has confirmed the Irish LCC has contacted the Austrian administrators of bankrupt airberlin subsidiary NIKI, expressing interest in participating in the insolvency process and potential purchase of remaining NIKI assets, head of communications Robin Kiely told ATW. read more
• Airbus progresses with Bombardier CSeries dealAirbus has indicated that talks with Bombardier to acquire a stake in the CSeries program are expected to close in the second half of 2018. read more
• Enders: Brexit will do more damage than TrumpAirbus CEO Tom Enders has given a hard-hitting speech, voicing strong concerns over the “double whammyâ€� of protectionism under US president Donald Trump and the UK’s decision to exit the European Union (Brexit). read more