Home Transport

Transport

The European Union keeping US passengers off  its revised pandemic travel list means a large chunk of long-haul international flights will take longer to resume operations.
Lacking any immediate demand risk, trains are proving defensive to the shock of covid-19. However, the crisis is raising medium- and long-term questions.
Opposition from within the governing coalition has led to the project being placed on the backburner until after the general election in September.
‘We believe visibility and confidence in the recovery are unlikely before the end of 2020’, S&P Global Ratings said.
Long a favourite asset of infra investors, airports' risk profile suddenly changed with the onset of the coronavirus, suffering more than 90% drops in traffic in April.
The fund has a target of €465m, while a vehicle open to a larger pool of investors is being prepared for launch next year.
hydrogen
Palisade said it has been exploring hydrogen opportunities for some time and hopes to have 100 hydrogen-powered buses on Australian roads within 12 months.
The firm agreed the sale of Portuguese toll road operator to APG, NPS and Swiss Life last week, the final asset of its €2.2bn first fund.
The UK government has decided to assess financial support for airports during covid-19 on a case-by-case basis, rather than providing a wholesale support package.
Airports in Australia have been hit hard by coronavirus, just as in almost every other country. How bad is the situation and what will Australian asset managers do to mitigate the impact?
ii
ii

Copyright PEI Media

Not for publication, email or dissemination