Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Lisbon man who said 'we're all going to die' escapes funicular crash
    Headlines

    Lisbon man who said 'we're all going to die' escapes funicular crash

    Published by Global Banking & Finance Review®

    Posted on September 4, 2025

    2 min read

    Last updated: January 22, 2026

    Lisbon man who said 'we're all going to die' escapes funicular crash - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:insurancesustainabilityfinancial crisispublic policyemerging markets

    Quick Summary

    A Lisbon funicular crash killed 17. Survivor Abel Esteves narrowly escaped as the tram crashed into a building. The Gloria line is a popular tourist route.

    Lisbon man who said 'we're all going to die' escapes funicular crash

    By Sergio Goncalves and Miguel Pereira

    MADRID (Reuters) -A Lisbon resident who thought he was going to die as a funicular car hurtled towards him had a narrow escape when it crashed into a building metres away, killing at least 17 people.

    Abel Esteves, his wife and their grandson were among about 40 passengers about to begin climbing the steep cobbled Calcada da Gloria street on the Gloria funicular railway line on Wednesday when they saw another car careering down the hill towards them.

    "When I saw another carriage coming down, I told my wife: 'We're all going to die here,'" he said, fighting back tears. "(The second carriage) picked up a brutal speed, took a slight curve and hit the building with a loud bang."

    The Gloria line, which opened in 1885 and transports around 3 million people a year including many tourists, connects Lisbon's downtown area near Restauradores Square with the Bairro Alto, or Upper Quarter, which has a vibrant nightlife.

    Esteves, 75, said he had earlier used the railway to descend from the Chiado neighbourhood to Restauradores Square and was on his way back home when the crash happened.

    The driver of the crashed car, who died, had earlier brought them down the hill, he said.

    After the crash, Esteves said he rushed to help rescue people from the wreckage. Two men had already pulled out one woman onto the pavement, he said. He lifted a metal frame out of the way to pull another woman from the car but she was already dead, he said.

    Esteves said he has lived in Lisbon for 62 years and that he never until now felt at risk when using the 140-year-old funicular railway.

    "I never felt unsafe... but I'm never again going to take a tram (funicular), for as long as I live," he said.

    (Reporting by Sergio Goncalves and Miguel Pereira; Writing by Charlie Devereux, Editing by Timothy Heritage)

    Key Takeaways

    • •A funicular crash in Lisbon resulted in 17 deaths.
    • •Survivor Abel Esteves narrowly escaped the crash.
    • •The crash occurred on the Calcada da Gloria line.
    • •The Gloria line is a popular tourist route in Lisbon.
    • •Esteves vows never to use the funicular again.

    Frequently Asked Questions about Lisbon man who said 'we're all going to die' escapes funicular crash

    1What happened during the funicular crash in Lisbon?

    A funicular car crashed into a building, killing at least 17 people. Abel Esteves, a resident, narrowly escaped the incident while riding the funicular with his family.

    2How did Abel Esteves react during the crash?

    Abel Esteves expressed his fear by telling his wife, 'We're all going to die here,' as he witnessed another carriage coming down at high speed.

    3What is the historical significance of the Gloria funicular?

    The Gloria line, which opened in 1885, transports around 3 million people a year, including many tourists, connecting key areas of Lisbon.

    4What did Esteves do after the crash?

    After the crash, Esteves rushed to help rescue people from the wreckage, assisting in pulling out victims trapped in the debris.

    5Will Abel Esteves use the funicular again?

    Esteves stated that despite having used the funicular for 62 years without feeling unsafe, he will never ride it again for as long as he lives.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Image for Trump says good talks ongoing on Ukraine
    Trump says good talks ongoing on Ukraine
    Image for France to rally aid for Lebanon as it warns truce gains remain fragile
    France to rally aid for Lebanon as it warns truce gains remain fragile
    Image for Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Olympics-Italy's president takes the tram in video tribute to Milan transport
    Olympics-Italy's president takes the tram in video tribute to Milan transport
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Image for Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    Image for UK police search properties in probe into Mandelson over Epstein ties
    UK police search properties in probe into Mandelson over Epstein ties
    View All Headlines Posts
    Previous Headlines PostItalian fashion designer Giorgio Armani dies at 91
    Next Headlines PostBoxing-French female boxers barred from world championships over genetic testing issue