coronavirus Archives - Page 12 of 20 - International Railway Journal

coronavirus

May 28, 2020 | High-speed

Turkey restarts high-speed services

TURKEY’s national train operator TCDD Taşimacilik reintroduced high-speed services on May 28 but at 50% of normal capacity and with new anti-coronavirus restrictions.

May 28, 2020 | Policy

Rail regulators call for unilateral availability of state aid

THE Independent Regulators’ Group - Rail (IRG-Rail) has called for European Union (EU) member states to provide state aid on equal terms to all train operators, infrastructure managers and rail service providers to prevent distorting a competitive market place.

May 27, 2020 | Europe

EU recovery plan includes boost for clean transport

THE European Commission (EC) has unveiled a €750bn aid package to help the European Union (EU) recover from the coronavirus pandemic. The package includes a number of programmes which could assist the rail industry as it looks to recover from a drastic downturn in passenger numbers and freight movements.

May 26, 2020 | Financial

German railway alliance formed to rescue DB

THE German federal government, German Rail (DB), and a rail union have formed a ‘railway alliance’ to agree a financial rescue package for DB in the wake of the coronavirus pandemic.

May 26, 2020 | Financial

Baden-Württemberg offers public transport relief package

THE German state of Baden-Württemberg has outlined details of a €200m rescue package for public transport companies impacted by the coronavirus pandemic and has urged the German federal government to follow suit.

May 26, 2020 | Financial

Netherlands Railways expects €4.7bn loss from Covid-19

NETHERLANDS Railways (NS) board of directors say it expects the railway to report a loss of about €4.7bn over the next five years, including €1bn in 2020, as a result of the coronavirus pandemic as the railway embarks on a five-year €1.4bn cost cutting exercise.

May 22, 2020 | Financial

KTZ addresses financial woes due to Covid-19 and currency fluctuations

KAZAKHSTAN Railways (KTZ) is taking steps to cope with no passenger revenue since April 1 due to Covid-19 and a steep fall in the exchange rate.

May 21, 2020 | High-speed

Italy starts to reinstate high-speed services

BOTH Trenitalia and Italo-NTV have started to reinstate high-speed train services which were reduced to a skeleton service due to Covid-19 travel restrictions in Italy.

May 15, 2020 | Financial

British government agrees £1.6bn funding package for Transport for London

BRITAIN’s Department for Transport (DfT) has agreed to a £1.6bn support package for Transport for London (TfL) to maintain rail and bus services and plug a yawning funding gap.

May 14, 2020 | Financial

German government considers massive aid package for DB

THE German federal government is considering a huge bailout for German Rail (DB) which has been haemorrhaging money due to the coronavirus pandemic.

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