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French train maker Alstom on Wednesday said it would ask shareholders for around 1 billion euros ($1 billion) through a rights issue as part of a plan to slash debt and bring its finances back on track.
(Reuters) - Alstom has signed a framework agreement worth up to 2.8 billion euros ($3.0 billion) to deliver 374 new metro trains and rail technology for Hamburger Hochbahn in Germany, the French train manufacturer said on Wednesday.
Around once a decade, Alstom SA suffers an oh-so-very French existential crisis. A train manufacturer prone to such frequent calamities requires a stronger balance sheet.
KUALA LUMPUR: The Transport Ministry has urged rail transport company Alstom to deepen their longstanding collaboration with Prasarana Malaysia to heighten repair and maintenance know-how in train operations, says Datuk Seri Dr Wee Ka Siong.
LONDON: French train maker Alstom SA confirmed it’s in discussions to acquire the rail business of Bombardier Inc in a fresh attempt to bulk up against Chinese competition.
MONTREAL, Sept. 16 (Xinhua) -- Montreal-based Bombardier announced Wednesday that it has signed a definitive agreement for the sale of its rail unit to French train giant Alstom at a lowered price from a memorandum of understanding between the two companies earlier this year.
FRANKFURT (Reuters) - German defence companies seeking more capacity as Europe prepares to raise military spending are eyeing the ailing car industry, the first sign of a shift that could help revive the continent's biggest economy after two years of contraction.
SINGAPORE: In the wake of three delays on the North-South, North East and Circle MRT lines over a span of five days, the Land Transport Authority (LTA) said it is working with rail operators SMRT and SBS Transit (SBST) to improve their incident response and identify the root causes.
KUALA LUMPUR: Gamuda Bhd via a joint venture with a unit of Paris-listed Alstom France has been awarded a A$1.6bil (RM5bil) project by the public transport authority of Western Australia to upgrade and maintain the train control systems on Perth's rail networks.
Gamuda Bhd has enlarged its order book with the clinching of the A$1.6bil (RM5bil) Metronet high-capacity signalling project to upgrade and maintain the train control systems on Perth’s rail networks in Australia.
The delayed replacement of the Aerotrain system at the Kuala Lumpur International Airport (KLIA) is back on track, although it comes at an increased cost of RM456.1mil.
SEPANG: The Kuala Lumpur International Airport (KLIA) aerotrain is expected to be operational again by the second quarter of this year, says Malaysia Airports Holdings Berhad.
SEPANG: Weary travellers passing through KLIA’s Terminal 1 will have to bear with the temporary bridging bus services for another few months, as Malaysia Airports Holdings Bhd (MAHB) confirmed that the much-awaited aerotrain will only be back in the second quarter of 2025.
KUALA LUMPUR: The Aerotrain Replacement Project at Kuala Lumpur International Airport (KLIA) is slated to be completed by Jan 31, 2025 which is ahead of the project’s original planned completion date, says Malaysia Airports Holdings Bhd (MAHB).
KUALA LUMPUR: The Aerotrain Replacement Project at Kuala Lumpur International Airport (KLIA) is slated to be completed by Jan 31, 2025, two months ahead of its original planned completion date of March 31, 2025, says Malaysia Airports Holdings Bhd (MAHB).
PUTRAJAYA: The contractors repairing the automated people mover system (Aerotrain) at KL International Airport (KLIA) have yet to give a firm date on when it will be operational again, says Transport Minister Anthony Loke.
PUTRAJAYA: There is no firm completion date for the delayed replacement of the automated people mover system (aerotrain) at the KL International Airport (KLIA), while inspections show that it is impossible for it to be operational by Jan 31.
KLANG: There is no government interference in the renewed involvement of Pestech Technology Sdn Bhd in the Kuala Lumpur International Airport (KLIA) aerotrain replacement project, says Anthony Loke.
HANOI: Hanoi has approved the development of a comprehensive plan to invest in the capital’s urban railway system, with the goal of constructing more than 600km of rail by 2045.
BANGKOK: Thailand is collaborating with Turasas, Turkey’s state-owned train manufacturer, to build fast trains for its new high-speed rail network, Transport Minister Suriya Jungrungreangkit said on Monday (Nov 18).
