JAKARTA's long-awaited Soekarno-Hatta Airport rail link project has secured a $US 53.3m syndicated loan for the purchase of 10 trains, state-owned infrastructure financing firm, Sarana Multi Infrastruktur (SMI), has confirmed.
THE French government has announced plans to invest in rolling stock for daytime TET services operated under the Corail Intercités brand, with expenditure of up to €1.5bn planned between 2017 and 2025.
THE Cuban Ministry of Finance has confirmed funding for 240 new passenger coaches per year in a bid to upgrade the country's railways.
EGIS, France, is to undertake engineering, procurement and construction management for system equipment on Paris metro Line 18 – part of the Grand Paris Express project.
WAGON leasing and logistics company VTG, Germany, reported a 76.2% rise in earnings before tax, depreciation and amortisation (Ebitda) in 2015 to €336.5m on turnover of €1bn.
AUSTRIAN Federal Railways (ÖBB) is planning to order up to 300 more EMUs in addition to its existing framework contract for 200 Siemens Desiro ML sets.
ROLLS-ROYCE is to supply 100 2200kW MTU Series 4000 diesel engines for freight locomotives in Argentina in a €30m+ deal with China Railway Rolling Stock Corporation (CRRC).
International Railway Summit 2016, Vienna: Mr Jerzy Lejk, CEO, of Warsaw Metro, announced that a general contractor will be appointed very soon to construct the first phase of planned extensions to Line M2.
GOVIA Thameslink Railway, Britain, has completed its order of 25 class 700 EMUs from Siemens in a £200m deal after securing funding from British leasing company Rock Rail.
FOURTH quarter and full-year revenues for Bombardier Transportation fell compared with 2014's figures, the company has revealed – and it plans to cut 3,200 jobs in its non-aviation transport activities.
