The owner of British Airways, International Airlines Group, reported a record €7.4bn loss for last year, and called for the introduction of digital health passes for passengers to enable the airline industry to get back on its feet. IAG said that passenger capacity last year was only a third of 2019 and in the first…
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Network Rail has established a new team to help achieve its ambition of becoming a more efficient and dependable partner within the rail industry, and bring an increased focus on efficient delivery of major projects and investment. Part of wider organisational changes, the launch of the Rail Investment Centre of Excellence will give the company…
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The government has introduced legislation to extend the airports slot allocation waiver, further supporting the aviation industry through the upcoming summer months. Acting on calls for relief from the aviation sector, the legislation will support the industry through a period where air travel is likely to be lower than other years – protecting future connectivity…
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Despite an encouraging start to 2020 passenger numbers at Gatwick fell 78% in the year ended 31 December, 2020 due to the impact of COVID-19. The airport remained open throughout the pandemic, however all revenue streams were impacted and the collapse in passenger demand led to a £465.5m loss for the twelve-month period and negative…
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The Secretary of State Grant Shapps has chaired the first meeting of the new Global Travel Taskforce to set out a plan for restarting international travel in a safe and sustainable way. Several government departments, industry bodies, transport operators and travel agencies met to discuss the work of the taskforce and how international travel can…
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Network Rail has announced that Michelle Handforth has been appointed as the new managing director for the Wales & Western region. Michelle, currently the chief executive of Aberdeen Harbour Board, will join Wales & Western in the summer. Michelle has had a wide-ranging international career in several sectors including aviation, rail, maritime, financial services and…
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The government has challenged the rail industry to pioneer new ways of working that will halve the time and reduce the cost of delivering critical infrastructure projects, as the country builds back better out of coronavirus (COVID-19), with the launch of the next stage of rail Project SPEED. In a keynote speech at the Project…
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The number of cars built in the UK fell by 27% last month, the worst January figure for over a decade, as coronavirus shutdowns and post-Brexit border friction hampered production. The Society of Motor Manufacturers and Traders (SMMT) said just over 86,000 cars were built, a fall of 32,262 compared with January last year. Chief…
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Motorists across the UK are set to shift to a greener fuel with the introduction of E10 at petrol stations in September 2021. Following a consultation with drivers and industry, the introduction of E10 fuel, which is a mixture of petrol and ethanol made from materials including low-grade grains, sugars and waste wood, will boost…
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Heathrow Airport has reported a £2bn annual loss after passenger numbers during the coronavirus pandemic dropped to levels last seen in the 1970s. It said 2020 was the toughest year in its 75-year history and the loss “underlines the devastating impact of Covid-19 on aviation”. Heathrow’s results contained a warning it may not be able…
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