Travel

Silverjet takeover talks 'will fail'

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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.

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FirstGroup to shape up train franchise

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

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EasyJet chokes on profit warning

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

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Thomas Cook takes control

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

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British Airways fuel bill jumps 20%

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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.

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Arriva revs up bus gains

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

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Go-Ahead falls on slowdown fears

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

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Thomas Cook in line

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

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Silverjet Eos threat

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

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Ryanair shaken on cost turbulence

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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.

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