Covid-19 Archives - Page 14 of 23 - International Railway Journal

Covid-19

December 1, 2020 | Financial

KiwiRail reports $NZ 40m surplus for 2020 despite Covid-19

NEW Zealand national railway KiwiRail has reported a $NZ 40m ($US 28.1m) operating surplus for the 2020 financial year ended June 30, despite the impact of the coronavirus pandemic. The surplus is down $NZ 15m from $NZ 55m in the 2019 financial year.

November 26, 2020 | High-speed

Eurostar pleads for government support as Covid-19 threatens its future

EUROSTAR is calling on the British government to extend a financial support scheme for airports to the international high-speed operator, which has suffered from a 95% drop in demand due to the coronavirus pandemic.

November 26, 2020 | Infrastructure

San Francisco Central Subway delayed until mid-2022

SAN Francisco’s 2.7km Central Subway light rail project, originally scheduled to be completed in 2018, now may not be ready until mid-2022.

November 23, 2020 | Financial

RegioJet secures $US 16.9m government-backed loans

CZECH private operator RegioJet has secured two government-backed loans worth Koruna 375m ($US 16.9m), which will support service expansion, as the company looks to use investment and growth to combat the negative effects of the Covid-19 pandemic.

November 16, 2020 | Policy

French rail budget to increase in 2021

FRENCH transport minister Mr Jean-Baptiste Djebbari presented the 2021 provisional rail budget to parliament on November 10, in advance of the budget being debated and signed into law in December.

November 13, 2020 | Financial

Siemens’ Ebitda falls but revenue stable in 2020 results

SIEMENS Mobility has announced an adjusted Ebitda of €241m for its 2020 fiscal year, which ran from October 1 2019 to September 30, a fall of 19% compared with €299m in 2019.

November 12, 2020 | Metros

Chicago Transit Authority faces $US 375m operating deficit in 2021

THE Chicago Transit Authority (CTA) has revealed its faces a $US 375m operating budget deficit in 2021 in light of the Covid-19 pandemic.

November 10, 2020 | High-speed

Italo-NTV cuts services and staff

ITALIAN private high-speed operator Italo-NTV suspended most of its services across the country on November 10 following the reintroduction of nationwide measures to limit the spread of Covid-19.

November 10, 2020 | Main line

European operators reduce services again as passenger numbers drop

EUROPEAN operators have cut back national and cross-border passenger services in response to a number of national lockdowns instituted to curb the second wave of Covid-19.

November 9, 2020 | Passenger

Norway’s state operator rebrands and refocuses in new market

Norwegian State Railways’ (NSB) rebranding as Vy in mid-2019 reflects a radical transformation of the company over the past three years. Kevin Smith speaks with Arne Fosen, the head of Vy’s passenger train division, about its new strategy and the impact of coronavirus on the company and rail operations in Norway.

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