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Transport Infrastructure
Radio frequency failures cause flight cancellations in Greece, leaving thousands stranded
Flights in Greece were grounded Sunday after a 'collapse of radio frequency crippled the air traffic communication. This left thousands of travellers stranded and brought airport operations to an end. The cause of the disruption was not clear. It began early on Sunday morning and rapidly escalated. The civil aviation authority of Greece said that some overflights in Greek and regional airspace are still being serviced. However, airport operations have been restricted for safety purposes. Dozens were affected. Panagiotis Psarros of the Association of Greek Air Traffic Controllers told ERT that "for some reason, all frequencies were suddenly gone.. we
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Transportation
Denver apartment under construction is destroyed by fire, causing power failures
According to the Glendale Police Department, a large fire broke out on Friday night in a new apartment complex in southeast Denver, near the Glendale area. This caused'significant power -outages' in the locality. Denver's Fire Department posted images on X showing a building engulfed in flames, with thick smoke rising into the night skies, and fire?trucks, flashing lights, and the surrounding streets. The fire department reported in the post that one firefighter was injured. He was transported to Denver Health Hospital, a local facility. Robert Murphy, Division Chief of Operations for Denver Fire, told ABC affiliate KMGH TV that more
Passenger Transportation Services
Transportation
After power failure, passengers of the Channel Tunnel Rail face a second day of disruption
Train companies announced that services between Britain, continental Europe and Canada would resume on Tuesday but warned about further disruptions after technical problems suspended travel on Monday and left some passengers stranded on trains for the night. Chaos in rail services between London, Paris and Brussels, as well as Amsterdam, one of Europe's most busy international rail corridors, hit at the height of New Year travel. Eurostar, the company that runs passenger rail service, announced on Wednesday morning that services were resumed after "a power problem in the Channel Tunnel yesterday" and other issues with 'rail infrastructure overnight". It said:...
Passenger Transportation Services
Monorail train crash in India leaves over 100 injured
A district official reported that two monorail trains collided late on Tuesday at a hydropower plant being built in India’s?northern?state of Uttarakhand. At least 109 employees were injured. The official said that the majority of workers suffered minor injuries. Four workers suffered fractures. The trains collided in a 'tunnel' in Pipalkoti. This is the site of a upcoming 'hydropower project owned by Tehri Hydro Development Corp. (THDC) and NTPC Ltd. Gaurav Kumar, top?administrative official in the?area, said by phone that the accident happened on Tuesday night, after brakes of a monorail train failed. The trains were used to transport workers...
Passenger Transportation Services
Air China buys 60 Airbus planes for $9.5 billion
Air China, China's largest carrier, announced on Tuesday that it and its subsidiary signed a "pact" with Airbus for the purchase of 60 A320NEO aircraft. The deal is worth approximately $9.5 billion in list prices. This announcement is just the latest of a series made by carriers in the second largest aviation market in the world, including Spring Airlines and Juneyao Airlines. Both plan to buy Airbus aircraft. Air China has informed the Shanghai Stock Exchange that it will deliver its planes in batches from 2028 to 2032. Airbus said that it was "very pleased" with Air China's decision to...
Passenger Transportation Services
Europe stocks close at another record high as banks and miners lead
The European stock market closed at a record level for the second consecutive day on Tuesday. This was boosted by commodity-linked stocks and banks, but gains were limited by thin trading in the year-end period. The pan-European STOXX 600 index rose by 0.6% to?592.78, moving ever closer to 600 points. Aerospace and Defence gained 1.4%, while banks jumped 1.3%. The defence index is on track to achieve its largest annual gain since 1996 despite the fact that it has been easing off since October. This is due to increased defence spending pledged across Europe. STOXX 600 rose 1.7% as basic...
Passenger Transportation Services
Winter Storm Ezra disrupts US travel, as Meteorologists warn of the 'bomb-cyclone'
Winter Storm Ezra caused holiday travel disruptions across the U.S. Northeast and Midwest for a third consecutive day on Monday. Airlines scrambled to recover, and forecasters warned of an upcoming "bomb-cyclone" which could further disrupt trips before the New Year holiday. As of 3:25 pm ET, there were 751 flights canceled and nearly 6,000 delayed. FlightAware, a flight tracking website, reports that as of 3:25 p.m. ET there were 751 canceled flights and nearly 6,000 delayed flights. Weather disruptions since Friday have caused more than 3,600 cancellations and delays. Storms hit during a time when airlines are operating at near...
Passenger Transportation Services
IndiGo, India's largest airline, will increase pilot compensations after a series of mass cancellations.
IndiGo introduced new pilot allowances, and raised some existing ones. This is a sign that India's biggest airline wants to?boost pilot morale after weeks of mass flight cancellations caused by a?poor schedule planning. According to Ashim Mittra's email to the pilots, the airline will increase its layover allowances. For captains it will go up to 3,000 rupees (33.37 dollars) and for first officers to 1,500 rupees. The email stated that allowances?for 'deadheading' - where airline crew members travel as passengers in order to prepare for future duties - would be raised to 4,000 rupees (from 3,000 rupees) for captains and...
Passenger Transportation Services
Russian Railways to reduce spending by 20% by 2026
Russian Railways announced on Monday that the board of directors has approved spending for 2026 of 713.6 billion rubles ($9.15 billion), down from this year's 890.9 billion roubles. The Russian government is looking at ways to support the country's largest commercial employer. This company has accumulated a?debt pile of 4 trillion roubles ($50.8 billion), despite falling revenues caused by a sharp drop in Russia's war economy. Russian Railways announced that 531.4 billion rubles of the approved expenditure will go towards maintaining the 'infrastructure, safety and security. Another 161.7 billion roubles is earmarked for the purchase of railcars, and 120 billion...
Passenger Transportation Services
IndiGo, India's largest airline, will increase pilot compensations after weeks of mass cancellations
IndiGo introduced new pilot allowances, and increased some of the existing ones. This is a sign that India's largest airline wants to boost pilot morale after weeks when?massive flight cancellations due to poor roster planning?left passengers?stranded? According to Ashim Mittra's email to pilots, the airline will increase the layover allowance for captains from 2,000 to 3,000 rupees (about $33.37), and for first officers from 1,000 to 1,500 rupees. The email stated that allowances for "deadheading", a practice in which airline crew members travel as passengers so they can position themselves for future duty, will increase to 4,000 rupees (from 3,000...
Passenger Transportation Services
Two Chinese airlines plan to buy Airbus jets worth up $8.2 billion
According to stock exchange filings, China's Spring Airlines (China) and Juneyao Airlines (Japan) announced Monday plans to buy 30 and 25 Airbus A320 family?jets. Spring Airlines, a budget carrier in China, has signed a deal to purchase 30 A320neo planes at a list price of $4.13 billion. The company filed corresponding documents with the Shanghai Stock Exchange. It said that the jets would be delivered in batches between 2028-2032. In a filing with the Shanghai Stock Exchange,?Juneyao Airlines of Shanghai said that it planned to sign an agreement?with Airbus to buy?25 A320 family jets. The planes, based on their list...
Passenger Transportation Services
Indonesian authorities find body of Spanish soccer coach during search for drowned Spanish children
Indonesian rescuers found a dead body on Monday while searching for Spanish soccer coach Fernando Martin, his children and their boat after it sank on Friday near the coast of an?popular tourist destination. Martin was a coach for the Spanish club Valencia CF. The club confirmed that he and three of his children had died in a tragic boating accident in Indonesia. Authorities said that the boat Martin was on with his family capsized Friday due to an engine failure in bad weather conditions near Labuan Bajo. This location is close to the Komodo National 'Park, a UNESCO World Heritage...
Passenger Transportation Services
As modernization takes hold, Kolkata's iconic trams will be put to rest.
Since more than a hundred years, trams in Kolkata have been rumbling past the crumbling colonial façades. Their chiming bells added to 'the soundtrack of the city' as they transported generations of commuters. Asia's oldest tram network is now on the verge of disappearing, as authorities are considering?pulling?the plug on an outdated mode of transportation that has become more of a nostalgia than a necessity. West Bengal plans to close the 152 year-old system and keep only a short heritage line. Residents and heritage advocates are fighting to keep the trams running. Abha Maity (44), recalled the rides she took...
Passenger Transportation Services
South Korean President vows to reveal the truth on anniversary Jeju Air crash
Lee Jae Myung, South Korean president, apologized to the families of 179 people who lost their lives in the Jeju Air crash that occurred a year ago. He also promised to uncover the "truth" behind the accident. In a statement released on Monday, Lee apologized for his actions. Families of victims are demanding answers after investigators delayed the release of a report about what happened on December 29, 2024 when the Jeju Air plane crashed-landed into an embankment near the end?of the runway. The 181 passengers on board were?all but two? killed when the plane exploded in a ball if...
Ground Transportation
Amtrak, the US passenger rail company, sets a record for ridership and cuts losses
Amtrak, the U.S. passenger rail company, said Tuesday that it had set records for revenue and ridership in a single year. It also cut its losses by 15 percent to $598 millions and is aiming for profitability by 2028. Amtrak is a major effort in rehabilitating the infrastructure of the Northeast corridor between Boston, Massachusetts and Washington. It is expanding service throughout the United States by purchasing new Acela trains with higher speeds and replacing regional trains from next year. Amtrak reported that in the twelve months ending September 30, it had 34,5 million trips made by customers, an increase...
Whaleboat sinks into river in Congo, killing at least 107 people
According to a government internal report viewed by us on Friday, at least 107 people died when a whaleboat caught blaze in the west of Democratic Republic of Congo. In a memo, the Ministry of Social Affairs stated that 146 people were missing after the boat, which was a narrow double-ended open vessel, caught fire near Malange Village in Lukolela Territory on Thursday night. The note stated that rescue teams recovered 209 survivors after the vessel burnt and drifted downriver. The fire destroyed the cargo and 15 riverside houses. The search operations continued Friday, with community volunteers and naval personnel...
As inventories shrink, premiums for copper contracts on the nearby LME soar.
The premiums for copper contracts near London Metal Exchange have increased to their highest level since October 2022 due to low inventories, large cash contracts and warrants held by traders. The title document that confers ownership on metal is a warrant. Tom-next, also known as the premium or backwardation that is charged for purchasing copper tomorrow and then selling it the next day, is currently trading at above The price of a metric tonne is $48. This compares to a $2 discount at the beginning of the week. The premium for the cash Copper Contract over the Three-Month Forward It...