Sky Lagoon, Iceland’s newest geothermal bathing hotspot, opened in Reykjavik last week. If you know Iceland, you know that soaking in warm water is a favorite national pastime. Sky Lagoon is one of the new breed of designer pools catering to locals and visitors looking for sweet soaking opportunities in Instagram-worthy landscapes.
The opening weekend for Sky Lagoon was a big, buzz-worthy success, with media coverage and plenty of gorgeous photos flooding social media. The sun shone brightly and in an incredible stroke of good fortune, Sky Lagoon’s huge, 75-meter (246ft) infinity-edge pool and the large windows of the designer sauna enjoy a view across the ocean to the Icelandic president’s residence, and in the distance, an erupting volcano on the peninsula. The view – of smoke plumes, and a red glow when the conditions are favorable – is one the architects could have only dreamed about in the planning stages of the complex. A front-row seat for rosy sunsets completes the appeal, and we can imagine winter soaks under northern lights adding an extra wow factor.
Singapore Airlines (SIA) has completed sale-and-leaseback transactions for 11 aircraft, comprising seven Airbus A350-900’s and four Boeing 787-10’s, raising approximately S$2.0 billion in total.
The transactions were arranged by four different parties, as follows:
Lease Arranger
Aircraft
Aergo Capital Limited
1 Airbus A350-900 1 Boeing 787-10
Altavair
4 Airbus A350-900’s
EastMerchant / Crianza Aviation
1 Airbus A350-900 2 Boeing 787-10’s
Muzinich and Co. Limited
1 Airbus A350-900 1 Boeing 787-10
Total
11
SIA has successfully raised approximately S$15.4 billion in fresh liquidity since 1 April 2020, including these sale-and-leaseback transactions. The amount also includes S$8.8 billion from SIA’s successful rights issue, S$2.1 billion from secured financing, S$2.0 billion via the issuance of convertible bonds and notes, as well as more than S$500 million through new committed lines of credit and a short-term unsecured loan.
SIA continues to have access to more than S$2.1 billion in committed credit lines, along with the option to raise up to S$6.2 billion in additional mandatory convertible bonds before the Annual General Meeting in July 2021.
During this period of high uncertainty, as the airline industry continues to navigate the unprecedented challenges caused by the Covid-19 pandemic, the SIA Group will continue to explore additional means to raise liquidity as necessary.
Mr. Goh Choon Phong, Singapore Airlines Chief Executive Officer, said: “The additional liquidity from these sale-and-leaseback transactions reinforces our ability to navigate the impact of the Covid-19 pandemic from a position of strength. We will continue to respond nimbly to the evolving marketing conditions, and be ready to capture all possible growth opportunities as we recover from this crisis.”
Sky Lagoon, Iceland’s newest geothermal bathing hotspot, opened in Reykjavík last week. If you know Iceland, you know that soaking in warm water is a favorite national pastime. Sky Lagoon is one of the new breed of designer pools catering to locals and visitors looking for sweet soaking opportunities in Instagram-worthy landscapes.
The opening weekend for Sky Lagoon was a big, buzz-worthy success, with media coverage and plenty of gorgeous photos flooding social media. The sun shone brightly and in an incredible stroke of good fortune, Sky Lagoon’s huge, 75-meter (246ft) infinity-edge pool and the large windows of the designer sauna enjoy a view across the ocean to the Icelandic president’s residence at Bessastaðir, and in the distance, the erupting volcano on the Reykjanes peninsula. The view – of smoke plumes, and a red glow when the conditions are favorable – is one the architects could have only dreamed about in the planning stages of the complex. A front-row seat for rosy sunsets completes the appeal, and we can imagine winter soaks under northern lights adding an extra wow factor.
Visiting Sky Lagoon
Sky Lagoon is just a few kilometres from downtown Reykjavík, at Kársnes harbor in Kópavogur. Note that it’s not a place for people with young kids, as admission to the lagoon starts at 12 years of age.
Visitors have a choice of 2 packages, with the main difference being in the changing facilities. The more expensive Sky Pass includes private changing rooms with use of Sky Lagoon’s premium hair- and skincare amenities. Both entry passes – the cheaper Pure Pass, and the Sky Pass – include lagoon admission and access to the 7-step ‘Ritual’, which takes place inside a turfhouse inspired by an age-old Icelandic building tradition. There’s an in-water bar serving drinks, plus a stylish cafe and snack bar in the complex building.
Throughout the stylishly rustic complex, visitors can see design elements that draw inspiration from Icelandic nature and heritage, from the turfhouse to turf walls and plunge pool.
The Ritual
Sky Lagoon presents The Ritual as a ‘rejuvenating journey that awakens your senses and leaves your skin healthy and glowing’. It combines warm and cold waters, warm steam, dry heat and fresh air.
Step 1: Slow down in the warm waters of the lagoon.
Step 2: Take a cold plunge in a pool inspired by Snorralaug in West Iceland, thought to have been in use since the 12th century.
Step 3: Sweat and swoon over the view from the sauna.
Step 4: Cool down under a cold mist.
Step 5: Use the body scrub (provided) to awaken your skin.
Step 6: Sit and inhale in the steam room.
Step 7: Rinse off the scrub in the shower and return to the lagoon.
Geothermal bliss
If you like the sound of Sky Lagoon, Iceland has a lot more treats that are right up your alley. There’s a growing number of geothermal spas springing up around the country, creating an incidental itinerary for road-trippers looking to end each day with a scenic soak.
Aside from Sky Lagoon, one of the newest to hit the scene is Vök Baths (pictured below) in East Iceland, where the highlight is 2 floating pools set in lake waters.
All year round, these complexes draw bathers to their warm waters. In the wise words of one local, “Iceland’s sunshine doesn’t come from the sky, it comes from the water.”
Belfast, Northern Ireland – Ryanair (London: RYA.L), Europe’s no. 1 airline, today (04 March) announced it will return to Belfast City Airport after 11 years and is delighted to launch 8 new routes for summer ’21 connecting Belfast to a host of popular international summer destinations.
Northern Ireland consumers can now book a sunshine getaway to summer favourites, including Malaga (7 x weekly), Mallorca (7 x w), Faro (7 x w), Alicante (7 x w), Barcelona (5 x w), Ibiza (2 x w), Milan Bergamo (2 x w) and Valencia (2 x w), flying on the lowest fares and with the option to avail of Ryanair’s “zero change fee” offer should plans change.
The UK’s highly successful rollout of their vaccination program, which has seen almost 35% of the adult population of Northern Ireland already vaccinated, gives customers the confidence that Summer travel will be possible and with low fares now available from Belfast City Airport, there’s never been a better time to book a break to one of these 8 fantastic sun destinations for Summer 2021.
To celebrate the return to Belfast City Airport, Ryanair has launched a seat sale, with fares available from just £14.99 for travel from June to October 2021, which must be booked by midnight Saturday, 6th March only on Ryanair.com.
A new deal with Alliance Airlines will help the Qantas Group meet an expected surge in local tourism demand once the country moves beyond sudden COVID-related border closures. Alliance will provide the QantasLink network with flexible capacity using its recently acquired Embraer E190 aircraft – a 94 seat jet with a five hour range that is well suited to linking regional centres with smaller capital cities.
Initial routes that Alliance will fly are expected to include Adelaide–Alice Springs, Darwin–Alice Springs and Darwin–Adelaide. Passengers can expect an increase in frequency made possible by the size, range and economics of the E190 compared to the Boeing 737’s that are currently used on these routes; the 737’s will be redeployed elsewhere in Australia as part an ongoing ‘right aircraft, right route’ approach to the Group’s network.
Qantas has signed a three year deal with Alliance to access three E190’s based in Darwin and Adelaide. The timing will depend on the rate of recovery in travel demand but is currently expected to start in June 2021, once the vast majority of the Qantas Domestic flying has returned to pre-COVID levels.
The agreement also provides flexibility to access an additional 11 (for a total of 14) E190 regional jets, but also to switch off some (or all) of this capacity, depending on market conditions.
CEO of QantasLink, John Gissing, said the deal reflected the kind of flexibility needed to respond to opportunities without committing any capital.
The E190 offers 10 seats in Business Class and 84 seats in Economy, with a range of about 4,500 kilometres.
Qantas owns just under 20 per cent of Alliance Airlines.
The Ministry of Defence of the Republic of Mali has placed a firm order for an additional Airbus C295 airlifter in the transport configuration. This second aircraft, to be delivered in 2021, will supplement the first C295 already in operation since December 2016 which has already accumulated 1,770 flight hours and transported more than 38,000 passengers and 900 tonnes of cargo in less than four years of operations.
This new order also includes an integrated logistics support package with spare parts for the two aircraft and training for flight crews and mechanics.
This acquisition is in response to the urgent need of the authorities of the Republic of Mali to have permanent air transport capacity within a very short timeframe, providing a vital link supporting operations and actions for the development of isolated areas in the northern regions of the country. Bernhard Brenner, Head of Marketing and Sales at Airbus Defence and Space, said: “This repeat order demonstrates the excellent capabilities and performance of our aircraft. The C295 is becoming the 21stcentury standard tactical airlifter in Africa with 37 aircraft ordered in the region, from Algeria, Egypt and Ghana to Ivory Coast, Burkina Faso and Mali.”
Queensland and Northern Territory Aerial Services (QANTAS) today marks 100 years since it was founded in the Australian outback.
On 16 November 1920, two veterans of the Australian Flying Corps, Hudson Fysh and Paul McGinness, together with local grazier Fergus McMaster, founded what would later become the national carrier.
This happened just 17 years after the first powered flight by the Wright Brothers, two years after the end of World War One and at the tail end of the last major global pandemic, the Spanish Flu.
The new airline focused on conquering the “tyranny of distance” that was a major barrier to the growth of modern Australia. Its early chances of success were uncertain, to the point early backers called their investment “a donation”.
Initially carrying mail between outback towns, the airline was flying passengers to Singapore by the 1930’s. By the end of the 1940’s its strategic importance saw it nationalised and in the 1960’s, it was an early adopter of the jet aircraft that mainstreamed global travel. Qantas invented business class in the 1970’s, switched to an all-747 fleet in the 1980’s, was privatised in the 1990’s, founded Jetstar in 2004, went through major restructuring in 2014 and, by 2020, had recently completed several important ‘firsts’ in non-stop travel to Europe and the US.
Qantas is the oldest continuously-operating airline in the world and the only one that (normally) flies to every single inhabited continent on earth.
Planned centenary celebrations have been significantly scaled back due to the impact of COVID-19, but Qantas will still mark the occasion with a low-level flyover of Sydney Harbour on the evening of its anniversary.
The flight path is expected to pass near Rose Bay where our Empire Flying Boats took off for Singapore between 1938 and 1942.
Qantas Chairman, Richard Goyder, said: “The history of Qantas shows it’s no stranger to a challenge or a crisis. That’s often when its role as the national carrier has really come to the fore.
“We want to use this moment to say thank you to all those who have supported Qantas over the years. And, in particular, to the many people who have dedicated some or all of their careers to this great company.”
Qantas Group CEO, Alan Joyce, said: “Around the world, Qantas is probably best known for its safety record, endurance flying and long list of aviation firsts. But for Australians, there’s nothing quite like seeing the flying kangaroo at the airport, waiting to take you home. We hope to be doing a lot more of that in the months and years ahead.”
– $11.5 million will stabilize and improve Colorado – New Mexico segment
WASHINGTON – Amtrak, committed to the national network of long-distance, interregional trains, is thanking the Federal Railroad Administration for a $5.6 million Consolidated Rail Infrastructure and Safety Improvements (CRISI) grant to stabilize and rehabilitate the route of the Amtrak Southwest Chief in Colorado and New Mexico. Combined with $4.9 million in Amtrak federal funds set aside for this service and $1 million from the New Mexico Department of Transportation (NMDOT), a total of $11.5 million will be invested from Trinidad, Colo., to south of Lamy, N.M.
This is the fifth federal grant for the route segment in these two states and Kansas. There is still a significant need for component renewal and restoration of the line to bring it to a more robust condition. When these improvements and others are complete, it will remain a productive route for decades to come.
Between 2016 and 2020, Amtrak has committed $15.8 million in direct funding for the route of the Southwest Chief, and an additional $12.8 million in matching funds to previously awarded federal grants. Amtrak has also invested between $4 and $8 million annually in this segment, outside of any grant programs, including selective installation of ties, replacing bolted rail in curves, and bridge or culvert repair.
“Starting in 2014, a team of elected and private officials formed a coalition with Amtrak that has been successful as shown by matching funds from the states and Amtrak, the political backing for the train by the region’s Congressional delegation, and the continued support by the cities, counties, and communities alongside the railway,” said Bill Flynn, Amtrak President & Chief Executive Officer. “Our past and current investments, from Kansas through Colorado and New Mexico, demonstrate our commitment to the Chief route and also preserve this segment for eventual inclusion in a north-south connection along the Front Range between Denver and Albuquerque, via Colorado Springs and Pueblo.”
Most of the trackage is owned by Burlington Northern Santa Fe Railway, which has been moving its traffic to less mountainous routes. The arid weather conditions and low freight tonnage since 2008 have allowed the right-of-way to remain in stable condition despite its advancing age. Amtrak, NMDOT and BNSF have identified critical areas where investment in the route infrastructure will improve its condition and enhance safety such that more efficient and productive maintenance dollars can be applied to it annually. Additional federal grant applications are expected to be sought.
Project engineering and construction under this CRISI grant will be carried out by the BNSF Railway Engineering Department and the Rio Metro Regional Transportation District, the latter which manages the NMDOT infrastructure. Work is expected to begin in 2021 and carry into 2022.
New ties will be installed on a 31-mile section south of Raton Pass and another six-mile segment in New Mexico, more than 12 miles of bolted rail will be converted to welded rail between Lamy and where Rio Metro’s Rail Runner commuter traffic diverges to Santa Fe, and the decks of two bridges will be rebuilt, along with three grade crossings.
BNSF commissioned a geotechnical assessment to provide recommendations for the reduction of rockfall hazards at Raton Pass, Glorieta Pass and Shoemaker Canyon. The grant will fund additional stabilization and protection measures. BNSF’s 3.3 percent Raton Pass grade is only used by Amtrak trains and is the steepest rail route in regular U.S. use. It is has been a National Historic Landmark since 1960 and is at an elevation of 7,834 feet.
The Southwest Chief (Trains 3 & 4) operates 2,265 miles between Chicago and Los Angeles, via Kansas City and Albuquerque, and also provides access to the Philmont Scout Ranch (northeast New Mexico’s largest employer), the Grand Canyon and Las Vegas.
