A rise in commercial plane sales has meant increased profits for US planemaker Boeing. The manufacturer has reported a 20 per cent net income increase for the fourth quarter compared to the same period a year before. Net income was $1.4 billion for the three months. The company also saw a 21 per cent increase [...]

Aberdeen Airport has announced that it will be investing £45 million over the next decade in improving and expanding its terminal. Through 2012, £4.5 million will be spent providing increased capacity and improved passenger services to the main building. Other projects over the next 10 years include expanding the international arrivals area, which will cost [...]

Summer holiday bookings for tour operator Thomas Cook decreased sharply in the first two weeks of the year. Figures released by the company on Tuesday showed a decrease of 33 per cent in summer holiday package reservations from 1 January to 13 January. Analysts say the slump comes during a key booking time for travel [...]

A report by aviation industry analysts suggest that if a proposed new airport was to be built in the Thames Estuary, then the cost to land a plane there could be as much a seven times what it currently costs to land at Heathrow. Landing a passenger jet at Heathrow costs an airline around £15 [...]

As British businesses prepare for the London Olympics this summer, a new survey reveals that among the chief concerns for 200 large companies are staff availability, transport and security. The study by Deloitte found that more than half (55 per cent) intended to put up screens so that staff could enjoy the Games in the [...]

Chancellor George Osborne has described plans for a new business development at Manchester Airport as good for the city, the North West and for Britain. The £659 million business park is expected to create around 13,000 new jobs in the area. The Airport City project also hopes to bring in businesses from abroad by offering [...]

The amount of money being spent on sustainable transport solutions has been criticised. There are concerns that the Scottish Transport Committee, under John Swinney, is failing to live up to promises to pump more of its budget into walking and cycling, rather than continuing to build roads which will which will do little to help [...]

The Civil Aviation Authority has warned that unless airport capacity in the south-east of the UK is not increased, there will be a negative impact on the country’s economy. It added that runways needed to be expanded if passengers are to avoid suffering higher ticket prices and less choice. The report explained that without expansion, [...]

Welsh Secretary Cheryl Gillan has said that this year’s Olympics in London offered a unique opportunity for Wales to showcase itself as a primary tourist destination for visitors to the UK. She added that the summer games would also provide an opportunity for the country to create a legacy for tourism. Mrs Gillan was in [...]

US-based carmakers Ford and GM have reported record sales in China last year. General Motors said on Monday that it and its Chinese partners had sold 2.5 million vehicles in 2011, a rise of 8.3 per cent from the previous year. Similarly, Ford sold just over a half million cars in China last year, marking [...]