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News
August 1, 2019
|
Financial
Bombardier to invest in rail division capacity after second quarter loss
BOMBARDIER announced on August 1 that it will spend an additional $US 250-300m in the second half of this year increasing capacity in its rail division after delivery delays contributed to a $US 36m net loss in the second quarter.
August 1, 2019
|
Infrastructure
CAF Signalling co-awarded three European contracts
CAF subsidiary CAF Signalling has been awarded three signalling contracts through consortia in Spain, Slovenia and Bulgaria worth a total of €120m.
August 1, 2019
|
Australia/NZ
First breakthrough for Melbourne Metro Tunnel
THREE 118-tonne, 15m-long roadheader tunnelling machines have broken through at Melbourne’s State Library station, marking the first major milestone for the Australian state of Victoria’s metro project.
August 1, 2019
|
Main line
SBB to continue operating German regional services
SBB Deutschland, the German subsidiary of Swiss Federal Railways (SBB), is set to continue operating regional services in Baden-Württemberg until December 2027 under a new agreement with the state’s Ministry of Transport.
August 1, 2019
|
Commuter Rail
New Birmingham stations receive £15m funding boost
PLANS to construct three new stations along the Camp Hill Line in Birmingham have received a boost after the Department for Transport (DfT) announced £15m in funding for the project.
August 1, 2019
|
Metros
Trial passenger operation begins on Bangkok Blue Line extension
THAILAND’s transport minister, Mr Saksayam Chidchob, officially launched trial passenger operation on the 5.4km extension of the Bangkok MRT Blue Line from Hua Lamphong to Tha Phra on July 29.
July 31, 2019
|
Financial
CAF reports 33% increase in first-half earnings
CAF, Spain, reports a 33% increase in adjusted Ebitda to €116m for the first half of 2019 compared with €87m in the first half of 2018 with an Ebitda margin of 9.2%. This increase is attributable mostly to growth and to the contribution of Solaris which CAF acquired in 2018.
July 31, 2019
|
Locomotives
Stadler selected for Adif AV bi-mode locomotive order
SPANISH high-speed infrastructure manager Adif AV has selected a joint venture of Stadler Rail Valencia and Erion Rail Maintenance for a €139.1m contract to supply 22 bi-mode (diesel/electric) locomotives.
July 31, 2019
|
Africa
Talgo and AOI sign Egyptian rolling stock agreement
TALGO has signed a framework agreement with the Arab Organization for Industrialization (AOI) to cooperate on rolling stock projects in the Egyptian market.
July 31, 2019
|
High-speed
SNCF orders more Euroduplex trains
ALSTOM confirmed on July 31 that French National Railways (SNCF) has placed a €331m order for 12 additional TGV Euroduplex trains.
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