All articles by Verdict Staff
Verdict Staff
HSBC Rail trumps Angel in deal for Transport Scotland
Scotland is set to take delivery of 130 new electric trains from late 2010 in a deal worth over £200m following a procurement process managed by Scottish government agency Transport Scotland. The deal, which is the largest boost to the countrys electric train fleet in almost a decade, featured two financial bidders and three rolling manufacturers. Bombardier, Hitachi and Siemens all tendered for the project with Siemens winning the rolling stock contract.
GE provides 40 engines to Italian Airline
GE provides 40 engines to Italian Airline General Electric (GE) has been chosen by Italian airline Air One to lease 40 engines for its long-range fleet in a contract worth 320m.