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BAA sells Gatwick for £1.5bn
The owner of City Airport has agreed to buy Gatwick for £1.5bn from Spanish infrastructure group Ferrovial
Amtrak sees 5% decline in passengers
The drop comes after falling business traffic on the key Boston-Washington corridor cancelled out growth elsewhere for the company that runs most of the long-distance passenger trains in the US
NH Hoteles books itself into management role
With the tourism sector in Spain taking a hit, further consolidation in the holiday accommodation sector is expected following NH Hoteles tie-up with Hesperia
Outlook bleak for airline industry
The International Air Transport Association says industry losses are expected to widen to $11bn in 2009 and to continue in 2010 as fuel prices rise and business travel remains weak
Quality time on the ground
The key to waiting at airports is not to get frustrated but to view it as an opportunity for activities such as shopping, jogging, novel writing and people watching
IHG warns of two-year lull amid fall into red
InterContinental Hotels Group, the industry leader measured by number of rooms, sees few signs of recovery in the sector and reports a pre-tax loss of $50m for the first half
Costs to aviation heading skyward
The aviation industry is set to face additional costs of €1bn when it enters the European Union’s Emissions Trading Scheme in 2012
Flying far and wide on the back of airline loyalty
The real value of frequent flyer programmes to carriers lies in their ability to generate cash rather than loyalty, and they are using the downturn to redefine the schemes
BA chief warns toughest times ‘still ahead’
Willie Walsh’s grim warning at this week’s Paris Air Show comes amid a dearth of new orders that underscores the scale of the crisis facing the aerospace and aviation sectors
What transparency on expenses would really reveal
Executives who take their customers to McDonald’s may be losing goodwill faster than they are saving money, says Lucy Kellaway
