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Transport rss

Virgin Atlantic is to recruit 500 new staff. Picture: PA

Virgin Atlantic seeking 500 cabin crew for new routes

VIRGIN Atlantic has launched a recruitment drive for 500 cabin crew under plans to expand the airline’s network and fleet.

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Stobart delivering hope to property sector

HOPES were raised yesterday of a pick-up in Scotland’s flagging commercial property sector as one of the biggest industrial lettings in months was agreed with haulage giant Eddie Stobart.

The company are looking to expand the airline's network. Picture: PA

Virgin launches air crew recruitment drive

VIRGIN Atlantic has launched a recruitment drive for 500 cabin crew under plans to expand the airline’s network and fleet for 2012.

Thomson Airways: cabin crew job losses are possible. Picture: PA

Thomson Airways starts negotiations with staff over redundancy plans

THOMSON Airways has begun consulting staff over redundancies, raising the prospect of hundreds of job losses, unions have revealed.

Rolls-Royce wins £133m engine deal

Rolls-Royce has won a $210 million (£133m) deal to supply Fiji’s national carrier Air Pacific with Trent 700 engines for three Airbus A330 planes.

Top gear: JLR the driving force behind Tata growth

India’s Tata Motors reported a stronger-than-expected 40.5 per cent rise in quarterly profit yesterday as robust sales at Jaguar Land Rover (JLR) more than made up for weakness in its home market.

January passenger numbers at Edinburgh were down 4.4 per cent. Picture: Phil Wilkinson

Scottish air passenger numbers decline as Edinburgh sale nears

Passenger numbers at both Edinburgh and Glasgow airports fell last month despite overall figures across BAA’s UK operations rising, according to traffic statistics released yesterday.

The EasyJet board has been backed by Standard Life Investments

EasyJet battle heats up as SLI backs airline’s board over remuneration

STANDARD Life Investments (SLI) has gone public with its backing of the EasyJet board in their remuneration battle with the budget airline’s founder and leading shareholder, Sir Stelios Haji-Ioannou.

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Offer of nearly �700m expected for Edinburgh as 'high-calibre' investors prepare to meet deadline. Picture: Phil Wilkinson

Four bidders lined up for airport sale

FOUR parties are expected to meet a first-round deadline this week for those interested in bidding for Edinburgh Airport.

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Flybe reveals revenues pressure

Airline Flybe posted flat revenues in the UK today as it highlighted the tricky conditions that caused its shares to hit turbulence last month.

Driving force: China and US sales put Daimler and Mercedes into top gear

MERCEDES-owner Daimler has racked up record annual profits as sales in China and the US shifted into top gear.

EasyJet passenger numbers dip

EASYJET’s passenger loads edged down 0.4 per cent last month, with the budget airline carrying 3.73 million passengers compared with some 3.74 million in January 2011.

Craig Group adds to fleet as Talisman deal is unveiled

CRAIG Group, the Aberdeen-based energy services firm, will today unveil a five-year contract from Talisman Energy that will spark a “major investment” in its shipping fleet.

Airline giant reports rise in passengers

International Airlines Group (IAG), formed by the merger of British Airways and Iberia, yesterday posted a small rise in traffic in January, boosted by strong growth in first- and business-class passengers.

Airline folds as bills unpaid

HUNGARIAN flag-carrier Malev ceased operating early yesterday after its planes were held overseas for unpaid debts, leaving a gap in the market that low-cost competitors were quick to exploit.

BAA loses court appeal against sale of Stansted

Airport operator BAA must sell London Stansted after a court yesterday dismissed its appeal against a ruling by the competition watchdog.

John Clark expands its Skoda arm into Perth

John Clark, one of Scotland’s biggest motor dealerships, has made its first move into the Perth area with the acquisition of the Thomson & Potter Skoda dealership.

BAA loses appeal over Stansted sale

Airports operator BAA lost its appeal at a tribunal today against a ruling that it must sell Stansted airport, the Competition Commission said.

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Stelios steps up pressure in battle with board

EASYJET founder Sir Stelios Haji-Ioannou yesterday stepped up the war of words with the airline’s board over pay by inviting directors to “resign any time” if they are opposed to efforts to rein in bonuses.

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Michael OLeary attacked the CAA, BAA and the UK government. Picture: AFP

Ryanair profits surge but O’Leary still in attack mode

RYANAIR boss Michael O’Leary took a fresh swipe at BAA and the Civil Aviation Authority’s (CAA) “inadequate” regulatory regime yesterday as he unveiled a forecast-beating €14.9 million (£12.5m) profit for the third quarter.

Honda has ambitious plans for high-flying private jet

CAR maker Honda expects to grab at least one quarter of the business jet market soon after launching its first aircraft next year, the Japanese firm yesterday revealed.

Ryanair delivers profits upgrade

Ryanair’s profit hopes continued to climb today after December’s benign weather helped the airline deliver a 13 per cent rise in quarterly revenues.

Haji-Ioannou faces stiff resistance from the other captains who steer the budget airline

Boardroom turbulence at easyJet

EASYJET’S board is preparing a charm offensive over directors’ pay after founder Sir Stelios Haji-Ioannou threatened to block a deal that would see ten executives awarded shares worth about £8 million over the next three years.

IPO on horizon for Skyscanner

GARETH Williams, the co-founder of travel price-comparison website Skyscanner, has raised the prospect of a stock market flotation if the Edinburgh-based firm continues its fast-paced expansion.

‘Shoddy’ city airport ‘needs major overhaul’ after sale

INVESTORS eyeing Edinburgh Airport are drawing up proposals for another major facelift to improve efficiency and attract more long-haul flights less than two years after it benefited from a £40 million overhaul.

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EasyJet taking off with revenue hike

BUDGET airline EasyJet has unveiled a near-17 per cent rise in first-quarter revenues to £763 million.

Bag charge lifts EasyJet revenues

Budget airline EasyJet reported a surge in winter revenues today after it increased baggage charges and bounced back from the previous year’s snow-hit performance.

Charles Hammond welcomed the acquisition of TCS

Forth Ports’ £95m to take control of container group

Forth Ports has paid £95 million to acquire full ownership of Tilbury Container Services (TCS) in the south of England.

Russell Imrie: Scotland needs high-speed rail to remain on track

SESTRAN fully supports the campaign to bring High-Speed Rail to Scotland.

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GM bounces back to overtake Toyota

General Motors regained its title as the world’s top-selling carmaker from Japanese rival Toyota in 2011, it emerged yesterday, but the US company faces a challenge to stay on top this year as Toyota rebuilds its disaster-struck business.

Council wins £5m car park cash case

EDI, the Edinburgh Council-owned property company, has won an appeal court ruling against car parks operator NCP.

EasyJet passenger numbers dropped to 3.73 million. Photo: PA

EasyJet war of words takes off as Stelios fires bonuses broadside

BUDGET airline EasyJet was yesterday drawn into another war of words with founder and majority shareholder Sir Stelios Haji-Ioannou who claimed that its directors manipulated performance targets to trigger a multi-million-pound windfall for executives.

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Car production is on the rise in the UK. Picture: AFP/Getty Images

Exports are the driving force behind rise in UK car production

Record exports have helped drive a near-6 per cent rise in the number of cars built in the UK last year.

Business as usual: Lotus pledge after Proton sale

Bosses at Lotus yesterday assured staff it was “business as usual” as the Malaysian government sold its controlling stake in the sports car maker’s parent company.

‘Business as usual’ at Lotus Cars

Bosses at car-maker Lotus have insisted it is “business as usual” despite the Malaysian government selling its controlling stake in its parent company.

Ryanair is set to expand its fleet of aircraft, creating more than 1,000 jobs in the process. Picture: Getty

Ryanair flying high with fresh plans for 1,000 jobs

Ryanair is to create more than 1,000 jobs this year as it expands its fleet of aircraft, European bases and sales and engineering teams.

Airbus outsells rival Boeing by 2 to 1

Airbus outsold Boeing almost two-to-one in 2011 after gambling on a revamped fuel-efficient jetliner and delivered more aircraft than its rival for the ninth year running, it emerged yesterday.

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Craig Group fuelled by oil markets

Investment in vessels and a pick-up in the oil and gas markets has helped fuel growth at Craig Group, the global shipping and energy services business.

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Thursday 16 February 2012

5 day forecast

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Light rain

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Temperature: 5 C to 11 C

Wind Speed: 21 mph

Wind direction: South west

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