High Speed Rail News

China plans 45 new airports over next five years

China plans 45 new airports over next five years

Authorities in Beijing have unveiled plans for a mega aviation infrastructure construction spree that includes 45 new airports over the next five years. Industry regulator, the Civil Aviation Administration, said the new investments would take China’s total number of airports to 220. However concerns have been raised about overcapacity, given that most of the country’s existing airports are currently loss-making.

Eurostar boosted by ash cloud

Eurostar boosted by ash cloud

22 July 2010 Rail & Coach News

Eurostar saw passenger numbers rise by 6 percent and revenues increase 18 percent during the first half of 2010. The rail operator cited the impact of the ash cloud for the growth as part of a wider switch from flying short-haul to high-speed train.

High Speed One goes under the hammer

High Speed One goes under the hammer

21 June 2010 Rail & Coach News

The UK’s High Speed One rail link has been put up for sale as part of the government programme to cut £1 trillion deficit. The auction is expected to fetch at least £1.5 billion, with France’s Groupe Eurotunnel and Australia’s Macquarie favourites.

Eurostar gets back on track

Eurostar gets back on track

13 April 2010 Rail & Coach News

Eurostar has bounced back from its pre-Christmas snow breakdown chaos by posting a 5.9 percent increase in sales in the first quarter of 2010. The growth was spurred by a resurgent leisure market, whilst business remains sluggish due to the downturn.