Europe: Eurotunnel announced on February 24 that the syndicate of 225 banks had approved a nine-month extension of the suspension of interest payments until December 14 this year.
Lithuania: The European Investment Bank is to lend Ecu22m to fund upgrading of the Sumskas - Klaipeda and Kaisiadorys - Kybartai lines.
New Zealand: GATX Capital Corp has structured and provided equity for a US$93m leveraged lease of 30 GM EMD locos and 579 high-capacity wagons for Tranz Rail.
INDIA: The AT Railway a subsidiary of Amber Enterprises India has signed a joint venture agreement with South Korea’s Yujin Machinery to design, manufacture, and develop critical components for various types of rolling stock used in India. The joint venture will focus on components such as ...
EUROPE: Austrian Federal Railways has put into service the first of its updated Railjet trainsets on services linking Germany, Austria and Italy. Toma Bačić rode on a preview run between München and Verona on April 5.
USA: Project promoter Brightline West held a groundbreaking ceremony on April 22 in Las Vegas to launch its project to build a high speed line from the city to southern California.
