Transport

EasyJet founder, Sir Stelios Ioannou, has declared a truce in his long-running dogfight with airline "scoundrels" that culminated in an unsuccessful boardroom coup. Haji-Ioannou has admitted that his spat with easyJet's chief executive…

Christian Scherer, Airbus's chief executive officer, has pioneering in his blood. Christian Scherer, the man who runs the world's largest aircraft manufacturer, was only ten years old when he saw his father fly Airbus's very first aircraft…

Airbus expects to deliver about 800 planes this year, 65 more than last year, it said on Thursday as it reported an increase in profits and strengthened its position as the world's largest aircraft-maker. The European aerospace company…

Siemens' decision to shift more work for London Underground from Germany to the UK will result in a much busier factory than anticipated when it begins production in spring. Siemens was awarded a £1.5 billion contract in 2018 to replace…

Uber Technologies reported its first annual operating profit in history. The demand for its ride-sharing business, advertising, and food delivery was a major factor. The company's operations generated $1.1 billion of income in 2023. This…

Last month, the number of zero emission vehicles sold to private purchasers fell by 25%. The Society of Motor Manufacturers and Traders' (SMMT) latest figures have prompted it to reduce its forecasts for the percentage of the market that…

EasyJet expects its losses to be lower than the record-breaking deficit of last year, despite the £40 million hit caused by the suspension of flights to the Middle East. Budget airline shares rose to a near 18-month high on the back of…

Elon Musk wants more control over Tesla, as it pushes the company into advanced technologies beyond car manufacturing. In a tweet on his platform Twitter/X he wrote, "I'm uncomfortable growing Tesla into a leader in AI and robotics…

Heathrow Airport, Britain's international gateway, is facing further turmoil as investors who own 35 per cent of it have announced that they will be selling. Ferrovial, the largest shareholder in the airport, sold its 25% stake to the…

Eurostar was reprimanded by regulators for "misleading' adverts, after they found that only a small percentage of tickets were sold at the promised £39. , the train company, urged customers to "treat themselves to a European getaway…

Transport for London warned Monday of a funding shortage after only receiving half the grant they had requested from the central government in order to keep the capital’s transport network operating next year. The £250mn bailout is the…

A broker in the City stated that the UK's biggest rail operator could suffer a £1bn loss in revenue due to Labour's proposal to bring train networks back under public control. Peel Hunt analysts have reduced FirstGroup's projected rail…

Heuro has been in discussions to run 15 trips per day between Amsterdam & London A Dutch startup is getting ready to compete with Eurostar in the Channel Tunnel. Heuro hopes to launch its rail service in the next five to…

The privately-funded mega project, which was unveiled by Margaret Thatcher and Francoise Mitterrand for the Channel Tunnel in the early 1980s, was touted as a triumph of capitalist capitalism. Since 1994, when services began from…

The Spanish startup, Evolyn, has revealed plans for a new service in the Channel Tunnel - it could be good news for British travellers In theory, the news that a new investor is planning to launch a rival to Eurostar should be…

The cost to build the London-to Birmingham stretch of UK's high-speed HS2 railway has increased by a fifth within just four months. This highlights the difficulties the government faces in completing the project. Last week, Prime…

Tesla's EV delivery numbers disappointed, falling short of expectations, while Rivian and Chinese EV manufacturers exceeded forecasts.

The ballooning cost of HS2 is a reflection of our infrastructure planning problems. Gordon Brown, in his final days as prime minister, promised to invest £20bn into a high-speed railway line that would ferry tens of thousands…