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Munich's Transrapid project sidelined.(Europe)

Dr Michael Kerkloh, CEO of the Munich Airport operating company, FMG, has expressed his deep regret about the German government's March decision to drop plans to build a Transrapid maglev rail link between the airport and downtown Munich. Rising costs associated with the development of one of the world's fastest trains were responsible for the move.

"The Transrapid would have provided Munich and the surrounding region with a unique opportunity to implement a long-term solution to an increasingly acute problem and turn a serious ...

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