Money Buzz! Europa

Tag: transport

  • Coface does not expect the transport sector to recover before 2022

    Coface does not expect the transport sector to recover before 2022

    In Coface’s central scenario, the turnover of listed companies of the global transport sector will be 32% lower in the 4th quarter 2020 and 5% lower in the 4th quarter 2021 than in the 4th quarter 2019.

    In the hypothesis of a second wave of the pandemic in the 3rd quarter of 2020, the turnover would be 57% lower in the 4th 2020 and 27% lower in the 4th 2021.

    The impact of COVID-19 is all the more important since economic activity was already slowing down before the crisis.

    Focus on air transport: the means of transport most affected by the health crisis

    Among the 13 sectors for which Coface publishes sectoral risk assessments, air transport would be the most affected: its turnover expected to decrease by 51% in the baseline scenario and by 57% in the event of a second COVID-19 wave in Q3 2020.

    According to the IATA (International Air Transport Association), air traffic decreased by 94% year-on-year in April 2020 and is not expected to return to its pre-COVID level before several years.

    The fall in air passenger activity led to a strong decrease in air cargo capacity, as most of air cargo is carried by passenger aircraft in the “belly” of the plane.

    The maritime and rail transport segments are also experiencing a strong deterioration in their activity at the global level, even though some markets (such as rail freight between China and Europe) are doing relatively better.

  • Serbia: Total number of transported passengers incresed by 1,1% in 2019

    Serbia: Total number of transported passengers incresed by 1,1% in 2019

    The total number of transported passengers in 2019, relative to the previous year, increased by 1.1%, Statistical Office of the Republic of Serbia shows.

    In the observed period, domestic transport of passengers saw a decrease of 0.8%, which influenced the fall of the total number of passengers carried by 0.6%.

    The total performance in 2019, expressed in pkm, decreased by 0.6%, which resulted from a decrease in the performance of the domestic transport of passengers by 5%, while that of the international transport grew by 3.7%.

    The volume of transported goods in 2019, relative to the previous year, increased by 4.8%.

    The domestic transport of goods increased by 7.8%, while the international transport of goods recorded an increase of export of goods by 9.3%, and import by 3.1%, relative to 2018.

    Operations volume, expressed in tkm grew by 12.6%.

    The volume increased both in domestic and international transport.

    Observed by mode of transport, the total number of passengers carried in road transport increased, relative to the previous year, by 0.4%, which was influenced by the transport of passengers in domestic transport, which grew by 0.6% in 2019, while the number of passengers in international transport fell by 6.6%.

    The total volume of goods carried in road transport in 2019 was higher than it was in 2018 by 21.5%, while the volume of performance in tkm went up by 26.9%.

    The total number of passenger carried in railway transport recorded a decrease of 17.2%

    The realised fall, expressed in passenger kilometres, wend down by 17.9%.

    The volume of goods carried fell both in domestic and international transport so that the total goods carried in railway transport decreased by 6.5%. The volume of operations in tkm in railway transport fell by 10.4%.

    Air transport, as far as passengers carried and total operations volume are concerned, indicates growth

    Transported passengers’ number, compared to the previous year, increased by 10.1%, and total operations volume by 9.9%.

    When we observe goods transport, the situation in air transport is opposite.

    Namely, in 2019, when compared to 2018, we notice a fall of quantities of goods transported, of 16.3%, and a fall of total operations volume, of 25.3%.

    Inland waterways transport recorded an increase in the quantities of goods carried of 9.3%, and the operations volume, expressed in tkm, saw an increase of 25.3%.

  • Transport volume at 402.2 million tonnes, in 2019, in Austria

    Transport volume at 402.2 million tonnes, in 2019, in Austria

    In 2019, 402.2 million tonnes (t) of goods on 30.1 million laden journeys were transported by goods road vehicles registered in Austria, according to Statistics Austria.

    Thus, the transport volume increased by 2.3% compared to the preceding year.

    The total transport performance, achieved on Austrian and foreign territory (i.e. the product of transport volume and distance travelled) was 26.5 billion tonne-kilometres (tkm) and therefore by 2.9% higher than in 2018.

    Around 18.9 billion tkm of this transport performance (+1.7%) took place on Austrian territory. The transport performance operated on foreign territory increased by 6.0% to 7.6 billion tkm in 2019.

  • Wiener Linien Transport Museum opens again from May 30th

    Wiener Linien Transport Museum opens again from May 30th

    The Wiener Linien Transport Museum was closed for eleven weeks because of the coronavirus. The museum in Erdberg will reopen on May 30th. 

    As a special highlight, there is a special exhibition on the subject of “50 years of underground construction”. It opens a journey through time into Vienna’s underground: from November 3, 1969, when the excavators and construction vehicles first appeared on Karlsplatz, to the driverless subway of the future.

    Visitors must wear mouth-nose protection and maintain a distance of at least one meter from other people. Until further notice, there is a limited number of people in the shop. 

    In addition, the already known hygiene rules apply, such as sneezing in the crook of the arm or handkerchief, and regular hand washing with soap. Notes and markings help with orientation. 

    Due to the corona protection measures, no guided tours or events can take place in the coach house until further notice.

    Opening times from May 30, 2020

    • Museum: Saturday, Sunday and selected public holidays 10 A.M. – 6 P.M. | Wednesday 9 A.M.. – 6 P.M.
    • Shop: Saturday, Sunday and selected public holidays 10 A.M. – 6 P.M. | Monday, Tuesday, Thursday, Friday 9 A.M. – 3 P.M. | Wednesday 9 A.M. – 6 P.M.
  • Volume of goods loaded and unloaded in Albanian ports decreased by 41.2%

    Volume of goods loaded and unloaded in Albanian ports decreased by 41.2%

    The volume of freight loading/unloading in Albanian ports, in March 2020 is 254 thousand tonnes, 41.2 % less compared to March 2019, latest data provided by Albanian Institute of Statistics shows.

    In the first quarter of 2020, the volume of freight loading/unloading in ports is 1,0 million tonnes, decreasing by 9.8 % compared to the first quarter of 2019.

    The volume of freight transported by rail in March 2020 is 2.6 million / tonnes–km decreasing by 13.8 % compared to March 2019.

    In the first quarter of 2020, volume of freights transported by rail is 8.6 million tonnes-km, increasing by 5.6 % compared to the first quarter of 2019.

    In March 2020, the volume of freights transported by air is 155.6 tonnes, decreasing by 22.3 % compared to March 2019.

    In the first quarter of 2020, the volume of freights transported by air is 511.5 tonnes, decreasing by 9.5 % compared to the first quarter of 2019.

    The number of flights, in March 2020 is 922 marking an decreasing of 50.3 % compared to March 2019.

    The number of passengers traveling by sea line in March 2020 is 16,206 passengers. Compared to March 2019, this indicator decreased by 67.4 %.

    In the first quarter of 2020, 125,810 passengers travelled by sea, decreased 17.0 % compared to same period of 2019.

    In March 2020, passenger air transport occupies 82.4 % of the total transport.

    The number of passengers traveling by air line, in the first quarter of 2020, is 515,506 passengers, decreasing by 15.5 % compared to the first quarter of 2019.