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
Tag "rail operators"
JSC TransContainer has announced that on 18 February 201 that its Board of Directors approved in principle the disposal of the company’s entire 50% equity stake in Logistic System Management B.V. to JSC National Company Kazakhstan Temir Zholy (KTZ). Logistic System Management B.V. controls 100% of the share capital of
Hungarian railway passenger operator, MAV Start has awarded ÖBB Personenverkehr AG a EUR 6.5 million tender (approx. HUF 2 bn) for the supply of 55 used passenger coaches. The 49 Bmpz-l class coaches and 6 Bmpz-f class control cab coaches are capable of running at a maximum speed of 140 km/hour and can
The European Commission has informed the Lithuanian railway incumbent AB Lietuvos geležinkeliai (“LG”) that it suspects the company of having limited competition on the rail markets in Lithuania and Latvia by removing a railway track connecting the two countries. Such behaviour, if established, would breach EU antitrust rules that prohibit
Russia: Federal Passenger Company cancels trains to several CIS countries
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
Serbian Railways and CFR Calatori, the Romanian national railway passenger operator, have agreed to relaunch Belgrade – Bucharest international train, due to high interest in the service expressed by passengers. The train will be included in the new schedule as of December 14, 2014. Belgrade – Bucharest international train serviced ceased three years ago.
Prasarana Malaysia Berhad (Prasarana) and China South Locomotive and Rolling Stock Corp (CSR) signed a contract for the delivery of 30 six – car trains for Malaysia’s Ampang Line. This is CSR’s second project for metro trains vehicles in Malaysia. CSR is already supplying 20 units for the extension of the Ampang Line to
Eurostar, the high speed rail service between the UK and mainland Europe, reported continuing year-on-year growth to 30 September 2014. Compared to the same period in 2013, Q3 passenger numbers grew by 3% to 2.8 million (Q3 2013: 2.7 million) while sales revenues rose by 2% to £211 million (Q3
MAV-Start has begun trial passenger operation of the two prototype IC+ coaches. Designed and built at the Szolnok workshop, the 200 km/h IC + coaches are equipped with air conditioning, Wi-Fi, power points, video surveillance and GPS based audio-visual passenger information systems. The coaches will be introduced on regular passenger services on Budapest-Debrecen-Nyíregyháza railway route, then the Sopron and
In the framework of the annual SEE conference, Croatian HŽ Putnički prijevoz and Slovenian SŽ – Potniški promet railway passenger operators signed a memorandum of understanding on timetable harmonization, on line Zagreb – Ljubljana – Trieste. The document was signed by Mr. Renato Humić (HŽ Putnički prijevoz) and Mr. Miloš Rovšnik (SŽ –