Station naming deals announced
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Constantine tram extension contract
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With the high price of fuel raising the cost of flying, Air France is looking into replacing some of its short-haul European flights with a high-speed rail service in partnership with a French train operator, a move that analysts said could lead to significant savings.
An Air France spokeswoman said the French flag carrier and Veolia Transport "are examining the possibility of concluding a strategic partnership aimed at introducing a new player in the European high-speed rail sector."
Nick Van den Brul of Exane BNP Paribas predicted "a lot of short-haul flights are going to become redundant over the next five to 10 years".
For the full story, go to:
The New Zealand Herald
Monday July 07, 2008
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