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Tag Archives: rail passenger transport

Open access operator Locomore signs two rolling stock contracts

locomore_innenraum

Crowdfunded German operator Locomore has signed two rolling stock contracts for its Stuttgart- Berlin regular service to be launched in December 2016. The open access operator has signed with SRI Rail Invest a  rental contract for eight passenger coaches which will be will be fundamentally modernised. The coaches will run at a maximum …

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Romania’s largest private rail passenger operator suspends operations

regiotrans

Regiotrans, Romania’s largest private rail passenger operator ceases operations, has suspended its operations until further notice. The Romanian Railway Safety Authority has cancelled its operator licence due to several technical issues identified in 29 railcars, according to the local press. Regiotrans has a fleet of 68 railcars, 10 push pulls and 10 LE locomotives. RegioTrans launched …

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MÁV-START revenues increased by more than HUF 1,6 billion last year compared to 2013

MÁV-START revenues increased by more than HUF 1,6 billion last year compared to 2013

In 2014 the domestic ticket revenue of MÁV-START has increased by 1.5%, by an amount of HUF 540 million, while growth from sales revenues from international tickets also exceeded the performance of 2013 by over 1,1 billion HUF. Contributing to these favorable statistics were the growth of numbers of passengers who bought …

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UK government sells its entire interest in Eurostar for £757.1m

eurostar

The UK government has reached agreement for the sale of its entire interest in Eurostar International Limited (“Eurostar”) to an Anglo-Canadian consortium for £757.1m. A consortium comprising Caisse de dépôt et placement du Québec (CDPQ) and Hermes Infrastructure has agreed to acquire government’s 40% stake in Eurostar for £585.1m. The …

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Russia: Aeroexpress reports  20% increase in revenues for 2014

Russia: Aeroexpress reports  20% increase in revenues for 2014

Russian airport express operator Aeroexpress reported a net profit of RUB 1,599,000,000 and revenues of RUB 6,311,000,000 (+20% increase) for 2014. Over 19.7 million passengers traveled with Aeroexpress in 2014, including Moscow, Kazan, and Vladivostok routes and the commuter route to the town of Lobnya, thus making up to an increase in passenger flow …

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Russia: Aeroexpress to cease operations in Vladivostok and Kazan

Russia_Aeroexpress requests RUB 22 billion rubles for the purchase of Stadler double-deck train

Aeroexpress has announced its decision to cease operations in the cities of Vladivostok and Kazan, and to focus its efforts on the Moscow region, where the company serves air-rail links between the capital and the three airports of the Moscow Air Transportation Cluster. Due to the planned termination of business in …

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Infotec to supply passenger information displays for Line 1 of the Ho Chi Minh City Urban Railway

A comprehensive package of sophisticated passenger information display and related products and services is being designed and supplied by Infotec Ltd. for the Ho Chi Minh City (Vietnam) Line 1 Urban Railway after award of the work by Hitachi, main contractors for the project. Infotec has been awarded the contract …

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Gotthard Base Tunnel to be operational from December 2016

Gotthard Base Tunnel to be operational from December 2016

The 57 km-long Gotthard base tunnel, the longest train tunnel in the world, is scheduled to open on the 11th of December 2016 , the Swiss Federal Railways (SBB) announced. The north-south axis will allow railway freight operators to design new cost-effective logistics solutions, based on increased capacities, higher number …

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Russia: Federal Passenger Company cancels trains to several CIS countries

P7Uo593IuZk_Самара - поезд

Federal Passenger Company (FPC), Russian Railways (RZD) subsidiary, has cancelled a series of passenger trains to several CIS countries, including Azerbaijan, Ukraine, Kazakhstan and Tajikistan. The main reason behind the decision is  low profitability generated by traffic on those routes. “The decision to cancel the trains was made as part …

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40.5 percent decrease in international railway passenger transport in CIS and Baltic countries

40.5 percent decrease in international railway passenger transport in CIS and Baltic countries

The number of international railway passengers on  CIS and Baltic countries railway networks has dropped by 40.5 percent compared to the same period last year, stated Vladimir Yakunin, President  of Russian Railways, during the 61st meeting of the Council for Rail Transport of CIS and Baltic states in Baku.  During the first nine …

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