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coronavirus
December 9, 2020
|
Metros
Moscow Metro and Beijing Metro sign cooperation agreement
MOSCOW Metro and Beijing Mass Transit Railway Operation have signed a cooperation agreement, aimed at improving the comfort and security of passengers.
December 8, 2020
|
Policy
Coalition calls for post-Covid-19 support for European transport
A coalition of four associations has signed a joint letter calling for strategic action to support European public transport during and after the coronavirus pandemic, ahead of the European Commission’s (EC) adoption of the Sustainable and Smart Mobility Strategy later this month.
December 6, 2020
|
Main line
Victorian government discounts fares to win back passengers
THE Victorian state government will introduce a 30% discount on off-peak train journeys from January 31 2021 in an effort to entice passengers back to rail and support social distancing.
December 4, 2020
|
Financial
Swedish public operators receive SKr 2.9bn to cover lost revenue
THE Swedish Transport Administration (Trafikverket) has allocated SKr 2.9bn ($US 344.2m) to reimburse public transport operators for lost revenue experienced during the Covid-19 pandemic.
December 1, 2020
|
Main line
Hull Trains and Grand Central to resume operation
BRITISH open-access operators Hull Trains and Grand Central are both set to resume operation on December 3 following a temporary suspension of service during England’s second coronavirus lockdown.
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 24, 2020
|
Financial
Amtrak reports $US 800m loss in 2020
AMTRAK reported an operating loss of $US 801.1m in preliminary results for fiscal year 2020, which ran from October 2019 to September 2020. Operating revenues were $US 2.3bn, a decrease of 31.9% year-on-year. The passenger railway also reported advancing $US 1.9bn in infrastructure and fleet work.
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
|
Financial
ÖBB and Westbahn secure Austrian government support
THE Austrian government has reintroduced a subsidy to Austrian Federal Railways (ÖBB) and Westbahn to operate their respective passenger services on the Vienna - Salzburg route as the country enters a second national lockdown.
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.
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