Everything we read, routed to your cluster

Alstom cut its 2026/27 outlook after production delays and technical issues on the Coradia Max platform and other German projects. First-half adjusted EBIT margin was about -4%, free cash flow was negative EUR 1.25 billion, and full-year rail vehicle production guidance was reduced to about 4,000.

Alstom said first-half revenue rose 3% to €9.3 billion and orders rose to €11.0 billion, but it cut its 2026/27 outlook. The company cited technical issues and testing requirements on the Coradia Max platform and revised margins on selected rolling stock projects.

A commentary says Alstom shares fell sharply after two profit warnings, with the company still weighed down by delayed projects, cost overruns and integration issues after the Bombardier Transportation deal. It says another warning cannot be ruled out as the new CEO prepares a future strategy update in 2027.

ČD has launched a tender to sell six Taurus locomotives, offered individually or as a package with spare parts. The three-system units were built in 2007–2011, reach 230 km/h, and are approved for several Central European countries; two have ETCS, while two have Polish SHP equipment.

Alstom says the new-generation TGV M, based on its Avelia Horizon platform, has entered commercial service in France on SNCF’s Paris–Marseille route. The train offers higher capacity, lower energy use and predictive maintenance features, and is the first operational reference for the platform.

Siemens Mobility and Lufthansa Technik Defense have proposed a medical evacuation train for more than 150 patients, including intensive-care cases. The concept uses Vectouro coaches and a Vectron X locomotive, with a dual-mode option under consideration, for cross-border use on Europe’s standard-gauge network.

India’s Railway Board granted conditional clearance for a 16-car Vande Bharat Chair Car trainset built by RCF Kapurthala with Alstom propulsion, allowing operation up to 160 km/h subject to technical conditions. The Board raised issues on displays, protection, cabling, equipment mounting and traction motor rating.

Hitachi Rail marked the opening of the first operational section of Chennai Metro Phase II, a 15 km, 11-station elevated corridor powered by its CBTC signalling for GoA4 driverless operation. The wider Phase II signalling contract, awarded in 2023, covers 119 km of metro lines.

Alstom announced the first ETCS Level 2 passenger service in Romania, using a Traxx Passenger electric locomotive and ETCS Level 2 trackside infrastructure between Buftea and Brazi on the Bucharest–Budapest line. The service began after the locomotives entered passenger operation in September 2026.

KORAIL won the 2026 UIC Sustainability Impact Awards’ Modal Shift category for its “Love Regional Rail Travel” initiative, which promotes rail tourism with local partners and a 50% fare discount. The programme launched in August 2024 and had about 470,000 passengers by July 2026.

Renfe has awarded Siemens a contract for 30 seven-car Velaro Novo high-speed trains. The trains will run up to 350 km/h, seat 520 passengers each, and be delivered over 62 months, with the first five due within 40 months.

Parsons, with Systra and Egis in the RMTC joint venture, has been awarded project and construction management services for the Riyadh Metro Red Line Extension in Saudi Arabia. The 8.4-km extension will add five stations and connect King Saud University to Diriyah South.

Systra MVA Consulting (India) Pvt. Ltd. was the lowest bidder for Chennai Metro Rail Limited’s tender for a detailed project report for the proposed Kilambakkam–Chengalpattu metro extension in Tamil Nadu. The bid was ₹1.38 crore; the contract award is still pending.

Berlin-based Rail Unit received a Stadler EuroDual and an Alstom TRAXX MS3 in October 2026 as it expands from railway personnel services into its own freight operations in Germany. The locomotives were leased from European Loc Pool and Northrail, following the company’s railway undertaking licence and safety certification.

Danish State Railways awarded ELL a EUR 26.35 million lease contract for up to 12 Siemens Vectron AC locomotives for regional and long-distance passenger services. The contract includes maintenance, spare parts and availability support, with initial entry into service expected from December 2026.

Renfe named Siemens Mobility the winner of a tender for up to 40 high-speed trains in Spain, with a rendering shown of the Velaro Novo design.

Alstom says the new-generation TGV, known in France as TGV M, has entered commercial service. It is the first train based on Alstom's Avelia Horizon very high-speed platform and builds on the company's long history in high-speed rail.

SYSTRA, as part of the RMTC joint venture led by Parsons, has been awarded PMCM consultancy for the Riyadh Metro Red Line extension in Saudi Arabia. The project will add 5.4 km, eight stations, mostly underground tunnels, and connect Diriyah to the wider network.

SRI Rail Invest ordered a Vectron Dual Mode locomotive for delivery in late 2027 or early 2028. In a separate deal, it arranged financing for Projektbahn to acquire former ICE 2 vehicles from DB Fernverkehr.

Eurostar appointed Christophe Fanichet, former CEO of SNCF Voyageurs, as its new CEO. He will oversee a EUR 2 billion fleet investment programme, including up to 50 Alstom double-decker high-speed trains under the Celestia programme, with first service expected in May 2031.

VIA Rail has completed a C$310 million modernization of its Toronto Maintenance Centre, adding expanded heavy-maintenance facilities and a Vehicle Equipment Measurement System for early fault detection. The federally funded project supports VIA’s new Siemens Venture Corridor fleet and existing trains.

Kent’s Romney, Hythe and Dymchurch Railway says it will mark its 100th anniversary in 2027 with galas, a golden ticket competition, and the return of locomotives Typhoon, Hurricane and the Armoured Wagon.

ZSSK plans to invest €43.9 million in six battery-electric shunting locomotives for Bratislava and Žilina, with delivery planned by end-2030. Slovakia’s finance ministry recommends battery traction over diesel on lifecycle-cost grounds, ahead of ETCS-only operation on key corridors from 2031.

Premium PSU will present its full auxiliary and services power conversion range for rolling stock at InnoTrans 2026 in Berlin, including AC/DC supplies, DC/DC converters, inverters, VFDs and DC-UPS. The products are engineered to EN 50155 and related railway standards and built in Barcelona.

Hyderabad Airport Metro Limited received bids from two international consortiums for the General Consultancy contract for Package 1 of Hyderabad Metro Phase 2. The consultant will support tendering, construction supervision, systems integration, testing and commissioning for four corridors totalling 63 km and 44 stations.