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August 9, 2019
|
Freight
Spanish rail freight sector dissatisfied, report finds
SPAIN’s National Commission for Markets and Competition (CNMC) has released a report into the attitudes of users and operators in the rail industry, finding that those in the freight sector are unhappy with the current system.
August 9, 2019
|
Financial
Hong Kong project and British franchise impact MTR half-year results
MTR Corporation recorded revenue of $HK 28.2bn ($US 3.5bn) in the first half of 2019, up 7.2% from $HK 26.3bn the same period last year. However, overall profit fell from $HK 7.1bn in the first half of 2018 to $HK 5.6bn this year.
August 8, 2019
|
Main line
RegioJet plans service to Budapest
CZECH open-access operator RegioJet has announced plans to extend its Prague - Vienna service to the Hungarian capital Budapest starting in June 2020. Two of RegioJet’s four daily Prague - Brno - Vienna services will be extended to Budapest, and RegioJet says the additional services have already been put into the 2020 timetable proposal.
August 8, 2019
|
Financial
Dutch charter train operator declared bankrupt
LIMBURG District Court in Roermond, Netherlands, declared Lucato and its subsidiaries Railpromo and Railpromo Fleet Services bankrupt on August 6.
August 7, 2019
|
Main line
Jakarta - Surabaya line closer to reality
THE Indonesian government is reportedly due to sign a memorandum of understanding (MoU) later this year with the Japan International Cooperation Agency (Jica), which will allow construction on the Jakarta - Surabaya line to begin.
August 7, 2019
|
Financial
DB selects Amsterdam for possible Arriva IPO
GERMAN Rail (DB) has reportedly selected the Euronext stock exchange in Amsterdam as a prospective listing venue for its Arriva public transport operations business if the planned sale of the unit, which is due to start this week, does not meet expectations.
August 7, 2019
|
Main line
Strong growth for PKP Intercity in half-year figures
PKP Intercity carried 22.8 million passengers in the first half of 2019, 1.3 million or 6% more than the same period last year, making it the Polish long-distance operator’s best first six months in a decade.
August 7, 2019
|
Fleet
Netherlands Railways orders 18 ICNGB EMUs
NETHERLANDS Railways (NS) has activated an option for 18 eight-car Intercity New Generation (ICNG) 200 km/h EMUs in addition to the 79 ordered and under delivery from Alstom. The new order is worth €200m.
August 7, 2019
|
Commuter Rail
Southeastern franchise bid cancelled
BRITAIN’s Department for Transport (DfT) has cancelled the competition to operate the Southeastern franchise and awarded incumbent operator Go-Ahead Southeastern a direct-award contract extension that will run until April 2020.
August 6, 2019
|
Financial
Mixed bag for Adif in half-yearly results
SPANISH infrastructure managers Adif and Adif High Speed (Adif AV) recorded a combined Ebitda of €130.43m in the first half of 2019, a 10% decrease compared with the same period last year caused by measures taken to improve services across the Spanish network.
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