ZURICH, SWITZERLAND – A 4,000 ton annual reduction in CO2 and a significant improvement in maintenance costs: Swiss cargo trains will have 30 hybrid locomotives starting in 2013, the CFF rail company has announced. The new engines are made by Stadler Winterthur, whose director, Hartmut Dietrich, calls them “the most modern and most innovative on the […]
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Airline losses will be lower than forecast
Worldwide improvement is concentrated in Asia, Latin America Brands, not flags, must guide the industry to profitability, says Iata head Geneva, Switzerland (GenevaLunch) – The airline industry is expected to have an overall loss of $9.4 billion for 2009, according to Iata, the Geneva-based air transport industry organization, which released new figures Thursday 11 March. […]