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Gulf Air could cost Rolls-Royce $1.5bn

The Bahrain-based airline is to renegotiate contracts with suppliers in attempt to save $2.65 billion over five years

Cosmens up the stakes in National Express battle

Members look to strengthen their hand ahead of the transport company’s vote on a £360 million rights issue

Cosmens raise stake in National Express

Rebel shareholder increases its stake in the transport group to 19.46% ahead of a rights issue vote on Friday

Commuters in a spin as Circle becomes a tadpole

One of the oldest Tube lines is being extended to Hammersmith in West London with a tail added to the existing track

National Express funding in hedges' hands

Action by leading creditors likely to fuel concern about growing influence of hedge funds over fate of British companies

Concorde runs out of room at Heathrow

BA’s last Concorde is now parked behind its maintenance hangars after a plan to sell it to Dubai did not materialise

Gatwick owners look to the stars

They are understood to have hired James van Hoften, a former astronaut who runs the airports business of Bechtel

Bus giant investors woo former boss

Phil White left National Express three years ago after negotiating a deal that took National Express into Spain

Politics is easy — just ask Sir Stelios

David Cameron is seeking inspiration from the easyJet founder on a new brand of no-frills government and public services

India’s pilgrims call for pukka pavements

One Jain monk and four nuns died in road accidents this month as they walked between monasteries along dangerous roads

Computer failure causes flight chaos across US

Dozens of flights cancelled or delayed after temporary computer glitch forces air traffic controllers onto manual

US rivals circle loss-making Japan Airlines

American and Delta on alert as Government hints flag carrier could be allowed to go under if no rescue package emerges

BA under pressure over pensions chairman

Occupational Pensioners' Alliance says the airline should appoint an independent chair to board ahead of pensions talks

UN summit in Moscow to halt road deaths

Ten-year plan to reduce accidents and increase safety worldwide after experts predict 2 million people will die on roads

A Mini Olympic adventure...

BMW chosen to provide official Minis for 2012 Games