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National Express wins corporate governance groups' backing

National Express has won the support of three corporate governance groups in its bid to persuade shareholders to reject the board shake-up proposed by hedge fund Elliott Advisors.

Higher fares as Heathrow growth slows

The boss of BAA, owner of Heathrow, today downgraded the airport's passenger growth expectations over the next decade and admitted that will push up fares.

Thursday, 28 April 2011

BBC News

Financial Times

  • BAA cuts Heathrow growth forecasHeathrow’s owners have lowered their long-term passenger growth forecasts for Europe’s busiest airport to account for the UK government’s ban on a third runway and the prospect of oil prices staying high for longer.

The Guardian

  • How can we clean up London's air? Last week an air quality monitoring station on Marylebone Road gathered unwelcome news about pollution in the capital. The concentration of health-harming PM10 particles Londoners inhale in that part of town had exceeded the legal daily limit for the 36th time in 2011, and so exceeded the number of such infringements allowed under a European Union directive for the entire calendar year.
  • National Express gets support in battle against US hedge fund Pirc, Glass Lewis and ISS Governance Services recommend shareholders vote down proposals from Elliott Advisors

The Herald

The Independent

  • BAA cuts summer traffic forecast BAA yesterday cut its forecasts for Heathrow passenger numbers this summer and said interest costs pushed it deeper into the red in the first three months of this year.

The Scotsman

The Telegraph

Press Association

  • Car safety recall 'needs overhaul' The UK's car safety recall system needs a complete overhaul, Which? Car magazine said. The Vehicle and Operator Services Agency (VOSA) which administers the system is "a toothless organisation", Which? Car said.

Network Rail

Belfast Telegraph

  • Rail staff reject five-year pay dealRelated StoriesUK beer sales in downward slideProperty firm buys former tea warehouseWorkers besiege Quinn HQ and call for tycoon's returnCash for homes sales hit record highCorporation tax cut for Northern Ireland is a risk, admits Treasury chief

Journal Live

Liverpool Post

London Evening Standard

Manchester Evening News

  • Plane unfair: Furious cabbies could launch legal fight against Manchester Airport parking planPrivate hire companies could launch a legal battle against Manchester Airport after plans to fine anyone collecting passengers from anywhere other than designated drop-off zones were announced. Meet and greet firms and private hire drivers have teamed up to challenge the proposals, warning the move could put them out of business. It is understood they are considering legal action.

Northern Echo

Other Regional Press

Aviation Industry

Other News Sources

  • 400 companies interested in getting involved in Hitachi IEP More than 700 individuals representing over 400 companies are set to attend the first Open Day event for Hitachi Rail Europe's Intercity Express Programme in the north east in late May, an event organised by County Durham Development Company on behalf of the involved parties.
  • Heathrow Airport experiences greater trafficHeathrow Airport performed well in the three months leading up to March 31st 2011, data from the travel hub's owner, BAA, has shown.The facility experienced a growth in traffic, with group passenger traffic increasing by 2.5 per cent to hit 18.7 million.In addition, the travel hub has had its regulatory period extended to March 2014, an extra year.Colin Matthews, chief executive officer at BAA, said: "During the first quarter, Heathrow achieved strong service standards including some of the best statistics for departure punctuality in recent years and passengers continue to compare He...
  • Growing pressure to change EU biofuel policyHopes that plants could help Europe wean itself off its dependency on oil have been given a serious dent as the consequences of using land for biofuel become clearer.
  • Tracking progressOne year on from the ash crisis, are companies better able to keep track of the whereabouts of their travellers, asks Sara Turner

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