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Court Rules in Favor of SBB for 286 Regional Service Units

WIL BALDWIN May 25, 2022

In October of 2021, Stadler was awarded the contract for 286 single-deck multiple units. The Federal Administrative Court confirms the award of the contract to Stadler, and has dismissed Alstom's appeal. Together with its subsidiaries…

Norwegian Air Shareholders Vote in Favor of Rescue Plan

WIL BALDWIN May 4, 2020May 4, 2020

OSLO (Reuters) - Norwegian Air <NAS.OL> shareholders backed its financial survival plan on Monday, with more than 95% of votes cast supporting the conversion of nearly $1 billion of debt into equity and raising more…

Canadian Agency Mandates Onex Meet Ownership Rules on WestJet Deal

WIL BALDWIN December 11, 2019

(Reuters) - The Canadian Transportation Agency said on Tuesday Onex Corp will need to amend its by-laws to meet the country's ownership rules related to its proposed C$3.5 billion buyout deal of Canada's second-largest carrier…

Ford’s UAW Members Vote to Ratify New Four-Year Contract

WIL BALDWIN November 15, 2019

FILE PHOTO: Frankfurt hosts the international Motor Show (IAA) DETROIT (Reuters) - The United Auto Workers union said on Friday that rank-and-file members at Ford Motor Co <F> have voted in favor of a new…