Rail Business

The contract was signed with KeolisAmey, which will take over the running and development of both for 15 years from October 14.

The train maker, which is itself a subsidiary of Central Japan Railway Company, intends to sell the factory to a third party.

A supplier is expected to be awarded the contract in around May 2019 with a two year design and development process to follow.  

This milestone follows Azuma trains built in Japan being testing on the route.

The high-speed trains are being built by Alstom and are scheduled to enter service on the Boston - New York - Washington D.C. Northeast Corridor in 2021.

The deal is valued at A$50.5 million and can increase to a maximum of A$54.5 million over the course of the next two years.

The deal is expected to be closed by the autumn with both businesses to be renamed in the process.

Airline Emirates has signed a new codeshare agreement with Italy's national operator Trenitalia to allow customers to travel onwards to some of Italy's most picturesque locations using one ticket.

The six-car trainsets, to be built by Alstom at its Ballarat manufacturing facility, will operate and boost capacity on Melbourne's suburban rail network.

The tunnel boring machine 'Frixos' arrived at 25is Martiou station on the second tunnel of the Kalamaria extension on July 31, marking the completion of tunnelling activities.