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04/09/2001
P&O consider cut backs in ferry services
Britain’s largest ferry operator, P&O, are believed to be considering cut backs at its ferry operations, due to the foot-and-mouth crisis.
Ferry division losses more than doubled to £18.1 million between January and June and contributed to a 6.5 per cent decline in P&O’s pre-tax profits.
P&O are carrying out a review of the business units that do not perform as well as others within the company.
Sources have said that the P&O Stena Line unit had achieved a good result, given the impact of the foot-and-mouth crisis on UK visitor figures, but operations on the UK-to-Ireland and Portsmouth-to-the-Continent routes, have been hit badly.
P&O has an estimated loss of £6 million due to foot-and-mouth and have said that this remains unacceptable.
The company also said that the effects of the epidemic is continuing to harm tourist traffic to the UK and has noticed a severe slump in Continental passengers. (CD)
Ferry division losses more than doubled to £18.1 million between January and June and contributed to a 6.5 per cent decline in P&O’s pre-tax profits.
P&O are carrying out a review of the business units that do not perform as well as others within the company.
Sources have said that the P&O Stena Line unit had achieved a good result, given the impact of the foot-and-mouth crisis on UK visitor figures, but operations on the UK-to-Ireland and Portsmouth-to-the-Continent routes, have been hit badly.
P&O has an estimated loss of £6 million due to foot-and-mouth and have said that this remains unacceptable.
The company also said that the effects of the epidemic is continuing to harm tourist traffic to the UK and has noticed a severe slump in Continental passengers. (CD)
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Ballycastle-Campbeltown ferry route re-opened to tender
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Stena Line to concentrate on Irish Sea market
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
