Thursday, April 25, 2024
With help from allies Russia and China, the first new train passenger cars in Cuba in more than four decades set off on their maiden journey across the island on Saturday, Reuters reported. The country’s government hopes the move will start off a total revamp of its decrepit railway...
The Russian government is moving forward with an ambitious plan to build its first rail line into Tuva, a Siberian republic which borders Mongolia in the south and is separated from the rest of Russia by high mountains, Rail Freight reports. The construction of the Elegest-Kyzyl-Kuragino railway line is about...
Russia recently marked the official start of construction of the “North Pole” station, which will be the world’s first scientific post permanently based in high Arctic waters, Popular Mechanics Russia reports. The 84 meters long, 22,5-meter wide platform should be completed in 2020, and the cutting of metal for...
In a move to revitalize the nation’s economy through transportation infrastructure, Russia’s government will allocate up to $156 billion for road construction in various regions of Russia, President Vladimir Putin said in an annual Q&A session on Thursday.  Around $81.9 billion was spent on road construction in between 2012...
About 9,000 kilometers of highways and roads in Russia will be transferred to federal ownership by 2021 before a major rebuilding project to boost the country's road infrastructure and the national economy, RIA news agency reports. The trend will continue after 2021 with additional 8,300 km of road becoming the...
The final decision on Sheremetyevo Airport’s stake sale could be made this year, aiming to sell to a strategic or a financial investor, most likely a foreign one, the chairman of Sheremetyevo’s board Alexander Ponomarenko said in an interview with Reuters. Last year, Sheremetyevo’s shareholders were considering selling up to...
Shareholders of Russia’s flagcarrier Aeroflot have approved the Russian flag-carrier’s plans to lease 50 Irkut MC-21-300s in an agreement valued at USD 5bn, the company said, Financial News informed. Aeroflot is leasing the aircraft from Avia Capital Services (ACS), the leasing arm of state-owned Rostec Corp. According to Aeroflot, the planned timeframe...
S7 Technics, Russia’s largest independent aircraft maintenance, repair and overhaul (MRO) provider, completed another re-delivery check on an Airbus A320 at its Mineralnye Vody base in October, Russian Aviation Insider reports. The aircraft, previously operated by Russia’s flag carrier Aeroflot, is now ready to continue operations in the fleet of...
Assembled in the South Tyrol region, a fully automated cableway system, built by Doppelmayr has started with construction at the Sheremetyevo International Airport, in the Russian capital Moscow. The automated system also called the Cable Liner, will connect the northern and southern terminals of the airport, AltoAdige Innovazione informed. The Cable...
The World Trade Organization (WTO) on Friday ruled in favor of Russia in a “national security” case over a Ukrainian railway dispute, TASS news agency reported. According to analysts, the ruling may also lend support to global automobile tariffs that could be imposed by U.S. President Donald Trump. The WTO...