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East Coast line bailout puts rail privatisation back in spotlight

or the third time in a decade, an East Coast rail franchise operator has shown little of the financial prudence once associated with the great cities linked by its trains from London to Yorkshire and Scotland. Following the failures of GNER in 2007 and National Express in 2009, Virgin Trains East Coast has run out of steam, with the government declaring a financial covenant breached and the contract set to fail in months.

Grayling consults on plans to reopen historic northern line

The transport secretary has this week revealed plans to complete a feasibility study on reopening the Skipton-Colne line, closed in 1970. Chris Grayling said the line had the potential to deliver a “vital connection” between Lancashire and Yorkshire, boosting economic and business...

The Big Lemon – A new form of public transport

Imagine if community transport was owned and operated by the community. The Big Lemon is owned and run by members of the community and actively encourages local people to buy shares in the company during regular public meetings where people can come and discuss their thoughts, ideas and concerns. In 2006 a group of people in Brighton decided to set… The post The Big Lemon – A new form of public transport appeared first on ETA.

Saturday, 10 February 2018

BBC News

Aviation Industry

  • EasyJet shareholders put more Brexit protections in placeUK LCC easyJet is proceeding with plans to protect its business from the possible effects of Brexit on the air transport industry, changing rules governing the ownership of its shares and applying for a standalone UK air operator’s certificate (AOC). read more
  • Thomas Cook ups summer capacity 10% on Airberlin Aviation acquisitionLeisure travel group Thomas Cook has increased its 2018 summer capacity by 10% through its acquisition of Airberlin Aviation, an affiliate of bankrupt airberlin, and has established Thomas Cook Airlines Balearics, which is based in Palma de Mallorca, Spain. read more
  • Lessor CALC leads Airbus January order tallyAfter Airbus’ record-breaking conclusion to 2017, in which the Toulouse-based manufacturer gained firm orders for 836 aircraft in December alone, the company’s January 2018 commercial orders returned to a normal pace, with a total of 20 aircraft firmed between two customers, valued at approximately $2.2 billion at list prices. read more

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