AEROEXPRESS, a subsidiary of Russian Railways (RZD), opened its latest airport rail link on July 20 with the launch of a new service between Vladivostok and Knevichy Airport.
CHANNEL Tunnel operator Eurotunnel achieved a 14% increase in revenue to €473m in the six months up to June 30.
NIGERIA's council of ministers has approved the decision to award China Civil Engineering Construction Corporation (CCECC) a $US 1.49bn contract for the modernisation of the 130km line from Lagos to Ibadan.
THE DUTCH government has announced plans to extend the concessioning of regional rail services following the completion of a research project by two consultants.
THE SPANISH government is expected to vote at the end of this month on draft legislation that could bring sweeping liberalisation of the rail market within a year together with the privatisation of Renfe.
PASSAZHIRSKIE Perevozki, the passenger operations subsidiary of Kazakhstan Railways (KTZ), has awarded a €989.4m contract to Talgo, Spain, to maintain 1044 passenger coaches for 15 years.
DANISH infrastructure manager Banedanmark has selected Alstom to deliver its Atlas ERTMS onboard signalling solution to train operators across the Danish network.
BRITAIN's prime minister Mr David Cameron has announced plans today to invest an additional £4.2bn to upgrade key sections of the rail network in England and Wales between 2014 and 2019 on top of the £5.2bn already committed for projects currently underway such as Crossrail and Thameslink.
AUSTRIAN Federal Railways (ÖBB) CEO Mr Christian Kern recently announced that ÖBB results for the first six months of 2012 are better than expected. If the economic situation remains stable he expects ÖBB to return to profit in 2012, a year earlier than previously predicted.
TRANSNET, South Africa, revealed impressive results for the 2011-12 financial year on July 10, and pledged that even in the worst economic scenario, it will proceed with the bulk of its Rand 300bn ($US 26bn) capital investment programme.
