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Labour promises rail nationalisation within five years of coming to power
Party pledges to bring all passenger rail but not rolling stock into public ownership as contracts with train operators expireLabour will fully nationalise the train network within five years of coming to power, with a pledge to guarantee the cheapest fares as part of “the biggest reform of our railways for a generation.
Thursday, 25 April 2024
BBC News
- Shetland spaceport moves closer to first rocket launchThe SaxaVord site on Unst has received a licence to control the local sea and airspace during launch.
Financial Times
- Boeing burns through $4bn in first quarter after door plug blowoutResults reflect slowdown of 737 Max production and compensation to customers
- UK imposes sustainable fuel targets on airlines Move is expected to push up prices as aircraft switch to 10% blend of greener fuels by 2030
- Airlines count the cost of Boeing's production slowdownHigher fares and leaner schedules loom for flyers as 737 Max crisis forces delivery delays
The Guardian
- Heathrow expects summer holiday season to be ‘busiest on record’Heathrow is expecting its busiest ever summer holiday season but faces uncertainty over its long-term future as the proposed £6bn sale of the UK’s biggest airport remains in doubt.
- French strike forces Ryanair to cancel more than 300 flights across EuropeRyanair urges European Commission to protect overflights and keep EU skies open. Ryanair has demanded that the EU reform its skies after the airline was forced to cancel more than 300 flights across Europe scheduled for Thursday because of a strike by French air traffic controllers.
Times Online
- Heathrow’s new chief enjoys a flying start. [Subscription]lights of fancy can waste a lot of time. Take Heathrow’s third runway: something Britain has been failing to build since 1968. It’s repeatedly proved politically impossible. Yet that hasn’t deterred successive bosses from trying.
The Mirror
- Heathrow Airport swings to £189m profit after record-breaking start to yearThe stellar trading figures for the three months to March 31 – traditionally a quiet season for the sector – compare against losses of £60 million a year ago
Birmingham Post
- Filtronic signs stellar deal with Elon Musk's Space X to boost ordersThe Northern supplier to the telecoms, defence and space markets is set to see the US rocket company become a shareholder
- Jet2 reaffirms profit hike expectations as promising summer season takes shapeThe Yorkshire business is expecting group profits of up to £520m for its 2024 financial year but said it is too early to tell what its 2025 financial year will hold
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