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Business-class airline Silverjet has entered into potential takeover talks, but analysts at stockbroker Daniel Stewart believe there is little chance of a deal going through.

Bus and train operator FirstGroup hopes to meet UK government demands to improve the performance of its controversial train franchise First Great Western.

EasyJet has issued a profit warning after admitting that sky-high oil prices may severely eat into earnings.

Travel giant Thomas Cook has bought back its former businesses in India and the Middle East.

British Airways said today it expected its annual fuel bill to increase by a fifth to £2.5 billion in the next financial year. The UK's flag carrier reckons fuel costs will increase by some £450 million.

Strong demand from bus travellers has lifted transport operator Arriva, with annual operating profit up 7%.

Transport group Go-Ahead slumped 15% following fears about the impact of an economic slowdown on the company's rail operations.

Package holiday giant Thomas Cook said trading for winter 2007/8 and summer 2008 has continued to be 'encouraging'.

All-business class airline competition will increase after Eos Airlines announced daily US and Dubai services.

Low-cost airline Ryanair is on the verge of issuing a profit warning for the year to March 2009. It said that a 'perfect storm' of higher oil prices and weaker consumer demand could damage the business.