Nat Rothschild’s ejection would ensure that London-listed vehicle’s shares traded at a persistent discount

Twin America could be broken up after the Surface Transportation Board has reiterated its ruling that the joint venture wields excessive power

Amid the sovereign debt crisis, consumers and business people are saving money when travelling inside the EU by flying with budget airlines

EU remains determined to include all airlines that take off or land in the 27-member bloc in the green scheme

Brazilian groups Invepar and OAS and South African airport operator ACSA won the most important concession – São Paulo’s Guarulhos airport

Former air force pilot set sights on northern European dominance in wake of $22bn deal to buy up to 222 aircraft

Directors surrender entitlement to annual bonuses, with the money going instead towards a fund to improve level crossing safety

Beijing’s ban on airlines complying with a European Union charge on carbon emissions, escalates a dispute that risks becoming a trade war

Sir David Higgins, the straight-talking Australian chief executive of Network Rail, says the system needs 30 years of investment to match admired European countries

Transport secretary says she will attend Network Rail meeting and vote against bonus and incentives proposal

Sir David Higgins’ assessment contrasts with more upbeat messages from Lord Coe, other Olympic bosses, business figures and TfL

The Costa Concordia and the less-known Ponta de Madeira incident have prompted disquiet over maritime industry’s pursuit of scale efficiencies

An investigation into the immigration controls security affair last year is holding up a scheme to allow fast-track entry in time for the Olympics

State-owned Hungarian airline stops operations after Dublin and Tel Aviv airports prevent aircraft from taking off, sparking a flurry among rivals

After the fifth consecutive fall in profits, the carrier’s shares are beginning to look expensive when compared with its rivals

Plans by Denmark’s DFDS to launch a new service pose questions for the rail operator’s plan for a separate cross-Channel ferry operation

Labour, backed by the government, demands directors turn down awards, given worsening performance and looming prosecutions for two fatal accidents

German carrier in non-binding agreement with unnamed UK company to dispose of the low-cost carrier that has been dragging on BMI’s earnings

The airline’s parent company will seek to shed about 13,000 positions amid efforts to emerge from bankruptcy and reduce costs by $2bn

Tribunal dismisses challenge to Competition Commission’s decision to order the sale of the airport