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Transport - 1996

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1996


The Civil Aviation Authority has recommended that a second advanced air traffic control centre should be built, at Prestwick, Strathclyde, in order to back up the centre being built at Swanwick.
24-Dec-1996


AEA Technology is acquiring BR Research from the British Railways Board for £10.8m.
24-Dec-1996


James Fisher, the Barrow-based shipping concern, is acquiring P&O Tankships, the operator of 17 petroleum products tankers, for £39m.
05-Dec-1996


British Airways has won approval to acquire a 67% stake in Air Liberte, the independent French carrier, for £53m.
06-Nov-1996


Ugland International Holdings, the shipping group, is to acquire the Ugland family's 50% stake in Hoegh-Ugland Auto Lines, the vehicle carrier business, for an initial £99m.
02-Nov-1996


P&O of the UK and Royal Nedlloyd of the Netherlands are to merge their container activities to create a new company with 8,000 staff and 112 container ships.
10-Sep-1996


Chiltern Railways is ordering 12 diesel-powered express trains from ABB-Daimler Benz Transportation, a contract which should create over 100 new jobs at Adtranz's plant in Derby.
07-Sep-1996


Powell Duffryn has sold its UK and South African storage terminals to Koninklijke Van Ommeren of Rotterdam for £16m.
06-Sep-1996


Stagecoach Holdings has bought Swebus, the Swedish bus operator, for £116m.
04-Sep-1996


Cowie has bought Drymona, the North East Bus holding company, for £24.5m, making it the second biggest bus operator in the UK.
01-Aug-1996


Relayfast has bought Western Track Renewals, the British Railways infrastructure concern, for undisclosed terms.
25-Jul-1996


TBI, the property group, is acquiring Belfast International airport for £100m.
19-Jul-1996


British Airways is switching its Latin American routes from Heathrow to Gatwick Airport, where it will create up to 500 jobs.
18-Jul-1996


Business Post Group is planning a new national distribution centre in Birmingham at a cost of £7.6m.
26-Jun-1996


Cowie Group has acquired British Bus Group, the third largest bus company behind Stagecoach and FirstBus, for at least £282m.
19-Jun-1996


Central Transport Rental is to sell its rail wagon leasing operation to management for £27m.
31-May-1996


Go-Ahead Group is buying London General, the bus operator, for £46m.
24-May-1996


Jarvis is buying Northern Infrastructure Maintenance Company from the British Railways Board, for £9m.
23-May-1996


FirstBus is acquiring Strathclyde Buses for £110m, making it the UK's largest bus company.
10-May-1996


Virgin Group has bought 90% of Euro Belgian Airlines for £38m and will use the acquisition to help it reduce the cost of air travel in Europe.
30-Apr-1996


Amec has acquired South West Infrastructure Maintenance Company, the ex-British Rail track maintenance company which operates between London, Exeter and Hastings, for £11m.
22-Apr-1996


Sea Containers of Bermuda is to acquire Isle of Man Steam Packet Company, the ferry operator, for £47m.
30-Mar-1996


British Steel has bought British Rail's Castleton Long Welded Rail and Track Works, meaning that about a third of the railway industry by turnover has been sold off.
16-Mar-1996


British Rail is selling the Central Infrastructure Maintenance Company to GT Railway Maintenance and also it is selling Western Infrastructure Maintenance to Amey Railways.
09-Mar-1996


FirstBus is to buy Greater Manchester Buses North for £47m and Portsmouth Transit for £5.2m.
08-Mar-1996


Cowie has bought County Bus Holdings from National Express for £8.6m.
01-Mar-1996


Stagecoach Holdings is buying another bus company - GM Buses South, the Manchester bus operator, for £41m - but now plans to concentrate on rail franchises.
30-Jan-1996


Stagecoach has bought Devon General and Bayline, the Devon bus companies with 320 vehicles, for up to £16.1m.
20-Jan-1996


Wisconsin Central Transportation has acquired the three British Rail Trainload Freight businesses for £225m.
13-Jan-1996