Scotsman.com - Transport Feed

Ford closes Australian vehicle factories

Thu, 23 May 2013 17:51:28 GMT

CAR maker Ford yesterday unveiled plans to close its two factories in Australia with the loss of 1,200 jobs.

Comment: Flybe blame-game goes beyond Gatwick

Thu, 23 May 2013 17:44:14 GMT

THERE have been many disputes between airlines and airports over fees, but rarely have they hit the sort of heights that led Flybe to pull out of Gatwick.

Flybe blames ‘penalistic’ charges as it sells Gatwick slots to EasyJet for £20m

Thu, 23 May 2013 06:54:15 GMT

Regional airline Flybe has unveiled plans to pull out of Gatwick airport by selling its 25 pairs of landing and departure slots to EasyJet for £20 million.

Vertu grabs £31m Land Rover franchise

Tue, 21 May 2013 17:59:08 GMT

Acquisitive car dealer Vertu Motors is seeking further deals after agreeing to buy the Co-operative Group’s Land Rover franchise for £31 million in cash.

Skyscanner aims higher in Asia

Mon, 20 May 2013 18:50:58 GMT

Skyscanner, the Edinburgh-based flight comparison website, is seeking to capitalise on rapid growth at its Singapore office with a new role of general manager.

Comment: First’s fall leaves work to do

Mon, 20 May 2013 18:13:14 GMT

The news from FirstGroup yesterday confirmed investors’ worst fears and set the tone for a sharp fall in the transport company’s share price. How the mighty are fallen.

Ryanair profits soar 13%, but outlook clouded by recession

Mon, 20 May 2013 07:58:24 GMT

Irish airline Ryanair has vowed to nearly double its market share within five years, but said the recession across much of Europe will dampen short-term growth.

FirstGroup’s Tim O’Toole admits ‘hard slog’

Mon, 20 May 2013 06:55:27 GMT

FirstGroup chief executive Tim O’Toole has admitted that running the Aberdeen-based transport giant has been harder than he expected after he launched a £615 million fundraising to shore up its finances. Shares in the company plummeted 30 per cent, wiping £330m off its value.

GCU ready to roll with rail operator

Sun, 19 May 2013 20:00:28 GMT

ScotRail has teamed up with Glasgow Caledonian University (GCU) for a £126,000 research project aimed at improving the reliability and efficiency of the rail network.

Gilbert tipped to leave FirstGroup

Sat, 18 May 2013 11:30:39 GMT

Martin Gilbert is expected to announce his retirement as chairman of transport operator FirstGroup this week when the company may also unveil plans to raise up to £600 million and a sharp cut in its dividend.

British buyer help drive up European car sales

Fri, 17 May 2013 17:46:03 GMT

Britain’s resilient new car market and the early Easter break have helped fuel the first rise in European motor sales in 18 months.

Menzies director Paul Dollman bows out

Fri, 17 May 2013 07:01:16 GMT

JOHN Menzies group finance director Paul Dollman said “it has been a great ride” as he attended his last annual general meeting for the distribution and aviation firm after ten years leading the two divisions.

Nathan Goode: Trams just start for sustainable city

Thu, 16 May 2013 19:45:29 GMT

We’ve all read the stories and watched in horror as the costs have rocketed and the completion date has been repeatedly rolled back, but now is the time for businesses and citizens of Edinburgh to back the much-maligned tram project.

Comment: Long–term hope for Branson’s plan

Thu, 16 May 2013 18:59:42 GMT

WHEN Sir Richard Branson’s Virgin Atlantic announced last year that it was going head-to-head with British Airways in the short-haul market, the move was meant to help boost its wider ambitions.

Virgin’s Little Red passengers shun onward flights

Thu, 16 May 2013 18:45:27 GMT

TRAVELLERS using Virgin Atlantic’s new Little Red service from Scotland to London are ending their journey in London rather than connecting with long-haul flights, the airline admitted yesterday.

Shields Automotive founder in £8.75m sale to Lookers

Thu, 16 May 2013 08:02:30 GMT

SHIELDS Automotive founder Joe O’Donnell is retiring after 27 years in the industry, having sold his Glasgow-based Land Rover franchise to Lookers in a £8.75 million cash deal.

Stelios hails Easyjet cut in losses

Wed, 15 May 2013 19:12:34 GMT

BUDGET carrier EasyJet has unveiled a sharp reduction in winter losses as capacity cuts by rivals and Britons fleeing the country’s deep freeze helped boost passenger numbers.

EasyJet narrows winter losses

Wed, 15 May 2013 08:03:41 GMT

Budget airline EasyJet narrowed its half-year losses after the cold weather tempted Briton’s into booking holidays to sunnier climes.

Flybe in talks over sale of Gatwick slots

Mon, 13 May 2013 06:30:17 GMT

Flybe, the embattled regional airline, is locked in talks to raise vital funds by selling runway slots at London Gatwick in a move that could provide a further boost to budget carrier EasyJet.

Euro woes fail to derail Nissan

Fri, 10 May 2013 18:20:04 GMT

Nissan boss Carlos Ghosn expects the car-maker to set an annual sales record, despite the mainland European market facing another tough year.