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August 3, 2020
|
Financial
British rail operators reclassified as part of public sector
BRITAIN’s Office for National Statistics (ONS) has concluded that Train Operating Companies (TOCs) which entered into emergency measures agreements (EMAs) with the British and Scottish governments on April 1 as a result of the coronavirus pandemic should be reclassified as public non-financial corporations.
August 3, 2020
|
Financial
Nevada approves final bonds for Las Vegas HS project
THE Nevada State Board of Finance has approved up to $US 200m in state bonds for Virgin Trains USA’s privately-funded $US 4.8bn high-speed line between Las Vegas and Southern California.
August 3, 2020
|
Fleet
MÁV-Start awards coach maintenance contract
HUNGARIAN national operator MÁV-Start has awarded TMH Hungary a €90m, four-year contract to maintain and modernise 403 coaches at its newly-acquired Dunakeszi factory.
August 3, 2020
|
Metros
Building Dubai Metro’s Route 2020
Dubai Metro’s $US 2.9bn Red Line extension was inaugurated on July 8 and will open in September, four years after construction started. Alstom vice-president Müslüm Yakisan tells Oliver Cuenca how it was managed.
August 3, 2020
|
Europe
Dublin receives first new Alstom LRVs
DUBLIN has received the first batch of two Citadis 502 54.7m-long LRVs from Alstom out of an order for eight, for operation on its Luas light rail network.
August 2, 2020
|
Track
Vossloh wins fastenings contract for Chinese high-speed line
VOSSLOH’s fastening systems division has been awarded a €30m contract to supply rail fastenings for a section of the Guiyang - Nanning high-speed line in southern China.
August 1, 2020
|
Metros
Track laying begins on Forrestfield - Perth Airport rail link
TRACK laying on the $A 1.86bn ($US 1.3bn), 8.5km Forrestfield - Airport rail link in Perth has begun, with 1km already constructed near Redcliffe station since tunnelling was completed in April.
July 31, 2020
|
Financial
Vossloh reports rise in first half earnings despite pandemic
VOSSLOH has announced an increase in earnings for the first half of this year, despite the negative impact of the coronavirus pandemic.
July 31, 2020
|
Financial
EC approves Alstom’s Bombardier Transportation acquisition
THE European Commission (EC) has approved Alstom’s bid to take over rival Bombardier Transportation, a move which will create the second largest manufacturer in the rail sector behind CRRC.
July 31, 2020
|
Fleet
PKP Intercity plans new double-deck train fleet
POLAND’s long-distance passenger operator, PKP Intercity, has launched a technical dialogue process in preparation for a tender to acquire a fleet of seven-car push-pull double-deck trains powered by multi-system locomotives.
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