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February 14, 2020 | Metros

MTR opens Hong Kong’s Tuen Ma Line

FOLLOWING major delays, Hong Kong metro operator MTR opened the Tuen Ma Line (TML) Phase 1 on February 14, adding two new stations to the network.

February 14, 2020 | Financial

Bombardier revenue drops as Alstom merger rumours gather pace

BOMBARDIER released its consolidated full year results on February 13, confirming a 7% drop in revenue for the Transportation division from $US 8.9bn in 2018 to $US 8.2bn in 2019, the day after the board of Alstom reportedly met to discuss a potential takeover deal for its rival.

February 13, 2020 | Central/South America

Panama Metro Line 2 extension approved

PANAMA’s cabinet has approved the construction of a 2km extension of Panama Metro Line 2 to Tocumen Airport at a cost of $US 42.7m.

February 13, 2020 | Light Rail

Frankfurt’s Regionaltangente West tram-train scheme makes progress

FOLLOWING approval of the investment case and a decision to proceed with construction by Frankfurt am Main transit authority planning company RTW in late November, work is now underway to obtain planning permission for the new Regionaltangente West tram-train network with the aim of starting operation in 2026.

February 13, 2020 | Financial

European rail projects secure €983m EIB investment

THE European Investment Bank has allocated €983m from a wider €4.9bn investment package for a variety of European railway fleet orders and projects.

February 13, 2020 | Signalling

Alstom wins another DB ETCS onboard contract

GERMAN Rail (DB) has selected Alstom to retrofit 19 ICE1 high-speed trains with ETCS onboard equipment. The contract is worth more than €10m and work is scheduled for completion in September 2021.

February 12, 2020 | Signalling

Dutch conduct first ATO trial with passengers

PASSENGERS have travelled for the first time onboard an ATO test train in the Netherlands in a trial organised by Dutch infrastructure manager ProRail, the province of Groningen, Arriva Netherlands and Stadler.

February 12, 2020 | North America

CTA awards Red Line extension planning contract

CHICAGO Transit Authority (CTA) has approved a $US 38.3m contract with T Y Lin International Great Lakes to provide planning and preliminary engineering services for an extension to the 35.5km Red Line.

February 12, 2020 | Financial

EIB to help fund Egyptian rail projects

THE European Investment Bank (EIB) has agreed to provide up to €2.7m to help fund two Egyptian rail projects.

February 12, 2020 | Freight

Aurizon reports solid half year results

AUSTRALIAN freight operator Aurizon has reported a 12% increase in underlying half-yearly Ebit to $A 456m ($US 307.4m) for the first six months of the 2019-20 financial year, up from $A 406m for the previous comparable period.

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