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Posted inAlso on Our Radar

Talgo + Egypt partner on new rail projects + Safeen expands service into Mozambique

RAIL- Spanish rail manufacturer Talgo and the Egyptian Railway Authority (ERA) are looking to build a factory for mobile rail units in Egypt, according to a statement. The pair are in talks to collaborate on a number of other projects, including the rehabilitation and maintenance of 23 trains and updating signaling systems on a number […]

Posted inAround the World

Boeing expects a massive cashflow drain in 1Q 2024 + Carriers jostle for better positions ahead of contract season

Aircraft manufacturer Boeing forecasts a massive drain in cashflows in 1Q 2024, with outflow to reach between USD 4 bn and USD 4.5 bn due to slower output of its 737 Max jetliner and regulatory investigations, Bloomberg reports, citing comments made by Boeing CFO Brian West at a London conference yesterday. West expects margins for […]

Posted inCalendar

MARCH 20 March (Wednesday): Construction work scheduled to begin on the 162 km Rasht-Astara Railway in Iran. APRIL 24 April- 1 May ( Wednesday-Wednesday): Abu Dhabi Mobility Week, Abu Dhabi. 24 April- 26 April (Wednesday-Friday): The second Iran-Africa International Summit, Tehran, Iran. 27 April- 1 May (Saturday-Wednesday): Iran Expo 2024, Tehran International Permanent Fairground, Iran. […]

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