ELL joins the Association of European Rail Rolling Stock Lessors from September 2023. Founded in 2013 as European Locomotive Leasing, the European Locomotive Leasing Group (ELL) is a new European lessor based at offices in Vienna and Munich.
Since AERRL was founded by Akiem, MRCE and Railpool in May 21, Northrail, Beacon Rail Finance, Cargounit, ELP, Renfe Alquiler, Nexrail and ELL successively joined the association.

The first phase of the AERRL study on alternatives to fossil diesel use in railways is now at an end. The conclusions of the study show that the entire rail sector needs to design a common strategy to address the challenge of transitioning from fossil diesel. AERRL & partners present the conclusions of this study during a webinar on 4 May, 12.00-13.15.

A meeting between lessors in AERRL and independent railway operators in ALLRAIL leads to a new pledge to actively contribute to help launch new commercial rail offers for passengers through maximum availability of passenger rolling stock.

AERRL & partners have launched the first phase of a study to identify and promote technologies to cut the climate impact of existing diesel-powered rail fleets in the near future. Although rail is already by far the most sustainable mode of land transport, this initiative aims to help rail transport on non-electrified lines transition to low-carbon technologies that provide even greener passenger and freight transport.

The European rail rolling stock lessors highlight the weaknesses of the draft CCS TSI 2022 revision and urge the EU to amend its draft to avoid compromising competition in the rail freight market, threats to improved safety and accelerated obsolescence of existing modern rolling stock.