AKIEM, the locomotive leasing subsidiary created by French National Railways (SNCF) in 2008 has been partly sold to Deutsche Bank-owned investment business Deutsche Asset Management for an undisclosed sum.
REPORTING its first results as an integrated railway, French National Railways (SNCF) achieved a 5% increase in revenue from €29.9bn to €31.4bn in 2015, although Ebitda fell 4.6% from €4.6bn to €4.4bn.
The €26bn Lyon - Turin high-speed line has moved a step closer to tendering after French president Mr François Hollande and Italian prime minister Mr Matteo Renzi signed a supplementary protocol in Venice on March 8 authorising the release of €8.4bn in funding for the initial stages of construction.
THALYS has unveiled plans to launch new low-fares services between Paris and Brussels next month in a bid to draw motorists travelling between the French and Belgian capitals away from their cars and onto high-speed trains.
THE French government has announced plans to invest in rolling stock for daytime TET services operated under the Corail Intercités brand, with expenditure of up to €1.5bn planned between 2017 and 2025.
FRANCE's secretary of state for transport, Mr Alain Vidalies, has announced plans to stop funding all but two of the Lunéa overnight train services operated by French National Railways (SNCF) and to put their operation out to tender.
EGIS, France, is to undertake engineering, procurement and construction management for system equipment on Paris metro Line 18 – part of the Grand Paris Express project.
Speaking at the recent conference on moving towards the single European rail area organised by the European Railway Agency in Luxembourg, the director general of Luxembourg Railways (CFL) Mr Marc Wengler outlined the challenges facing a small railway operating a large proportion of cross-border services to its three large neighbours. David Briginshaw was in the audience.
PARIS Transport Authority (RATP) has awarded a five-year 24/7 contract to Ansaldo STS to maintain the signalling on 17 metro and light rail lines in the French capital.
IN the first deployment of its type in France, telecoms operator Orange has completed the rollout of a public LTE network on the Paris - Lyon high-speed line, providing continuous onboard 4G coverage on TGV services at speeds of up to 300km/h.
