Tag: serve (Page 2 of 3)

Alstom Wins Contract to Build Toulouse Metropole Third Line

December 20, 2020 / WIL BALDWIN

Alstom has been awarded the contract by Toulouse Metropole for the system for the third and new 27 km metro line, called Toulouse Aerospace Express, for the sum of more than €470 M. The contract could eventually be worth €713 M, including all options. The line consists of 21 stations and will serve the aviation labour pool.

The firm tranche of the order guarantees a transport capacity of 5,000 passengers per hour in each direction (pphpd), with options for up to 10,000 pphpd. It includes Alstom’s efficient, proven “Systems” solutions: Metropolis™ trains and Urbalis™ 400 CBTC solution for driverless operation and Hesop™ reversible substations. The scope also includes platform screen doors, including a dynamic system for load indication, and the track including the laying with the automated solution Appitrack™. Finally, the firm tranche of the order includes six years of maintenance, with 12 years of maintenance as an option.

“This order is excellent news for Alstom and I would like to thank Tisséo and Toulouse Metropole for their confidence! Alstom has submitted a very competitive system offer, while proposing its latest technologies and innovations on the various subsystems (vehicles, signalling, infrastructure and power supply). This order will enable us to continue developing our skills in France in all these areas, as well as our presence in the region of Occitanie, already in full expansion with our centres of excellence for Electrical component’in Toulouse and traction in Tarbes, and soon the Line 3 project team. We’ll also be calling on a number of local partners,” says Jean-Baptiste Eyméoud, President of Alstom in France.

The city of Toulouse is renowned for its economic vitality and the quality of life of the surrounding region. The Toulouse Aerospace Express project is part of a drive to increase the city’s appeal with the help of sustainable, inclusive mobility.

Alstom will contribute to the economic vitality of the local area with its site in Toulouse, which will be the nerve centre of the project. The site will consequently be developed for the construction and maintenance activities, thereby promoting local employment. In total, more than 600 people in France will work on this project, including up to 400 people in the Toulouse metropolitan area at the peak of the activity. 80% of the hours spent working on this project will be in France and 55% directly in the region of Occitanie. Jobs will also be created with our suppliers in France and in the city of Toulouse for the activities of installation, infrastructure and system deployment.

Alstom’s integrated Systems solution provides a highly mature, efficient and comfortable transport offer, designed with maximum operability and reliability in mind, with record availability of 99.8%. Alstom has a global leadership position and fully proven experience in the successful construction, commissioning and delivery of new integrated metro systems, as well as in their safe, reliable and efficient operation. Alstom can boast more than 65 years’ experience, having sold over 17,000 metro cars that carry 30 million passengers every day operate in 55 cities around the world. One of the most recent successes for Alstom in integrated metro projects being the 15-kilometre-long Dubai Metro Route 2020, completed and delivered in July 2020

The design selected for the system and the metro makes it possible to propose a solution that minimises waiting time in stations, with reduced traffic frequency from the moment of entry into service, but which, by increasing the number of metro cars from 2 to 3, increases the transport offer to 15,000 passengers per hour in each direction, without modifying the infrastructure. Indeed, Alstom will design the system to be able to go up to 15,000. The base contract is for 5,000 with options to go up to 10,000.

The rolling stock belongs to the Métropolis™ range of trains. It benefits from the innovations and continuous improvement brought to this product for more than 15 years, through numerous R&D programmes and contracts executed throughout the world. This state-of-the-art metro has been designed to improve passenger experience as well as reconcile performance, energy efficiency and ease of maintenance, in order to control costs throughout its life cycle.

For passengers, as it is a new line, the train will be characterised in particular by increased volumes on board and large openings to the exterior. The experience of the journey will be made more pleasant with an atmosphere that is air-conditioned and quiet, LED lighting that adjusts to travel conditions, reinforced air filtration and antibacterial coatings on the handholds for a healthier interior.

Travel will be made easier from the moment you step on board, with, for example, platform facades indicating the density of people on board the cars.

Urbalis™ 400 is a proven, efficient CBTC (Communication Based Train Control) automatic operation solution, in commercial service in many cities around the world. Deployed or in the process of being deployed on more than 100 metro lines, notably in Lyon and Marseille, Urbalis 400™ is a generic solution, managed as a platform, to ensure optimum safety and reliability as well as long-term durability. The solution has also demonstrated its operational robustness and modular capabilities, enabling it to control sensitive interfaces such as those of the train or the centralised control centre.

The transport system solution provided by Alstom has also been designed to reduce operational costs, achieving major energy savings through a combination of reversible Hesop™ substations with regenerative braking, efficient traction and braking systems and improved CBTC automatic train control strategies.

And finally, the project also includes the construction of a rail track that reduces friction and fine particles to a minimum, thanks to steel-on-steel operation and offers guaranteed performance over time.

With this contract, Alstom is making a long-term commitment to mobility in Toulouse by ensuring the construction and maintenance of this third line on behalf of Tisséo.

Southwest Airlines To Serve Fresno And Santa Barbara, California

December 16, 2020 / WIL BALDWIN

Southwest Airlines Company (NYSE: LUV) today shared its intention to bring service to Santa Barbara Airport and Fresno Yosemite International Airport in the second quarter of 2021.

“Our arrival in the Heart of California, both on the Central Coast and in the Central Valley, will round out nearly four decades of investment in our California Customers and communities,” Southwest Airlines Chief Commercial Officer & Executive Vice President Andrew Watterson said. “While other airlines seem to fall in and out of love with the state, we’re focused on increasing the reach of our low fares and flexible policies in places where we expect them to make a difference.”

“For years residents and businesses throughout Central California have expressed a desire for Southwest service and connectivity to their vast network of destinations and renowned customer service,” said Kevin Meikle, Director of Aviation for Fresno Yosemite International Airport. “Southwest will expand the Central Valley’s air transportation gateway to Yosemite, Sequoia and Kings Canyon National Parks, and we look forward to our new partnership with Southwest and their arrival in the spring.”

“We salute Southwest’s bold decision to enter one of the most vibrant and beautiful regions in California, bringing visitors to our sweeping coastline to experience our mild Mediterranean climate and distinctive Spanish-influenced architecture,” said Mayor Cathy Murillo of Santa Barbara. “For our residents, our partnership with Southwest will energize the economic rebound to come in 2021.”

Along with Palm Springs, which received its first Southwest flight on Nov. 19, 2020, the addition of Fresno and Santa Barbara will position Southwest Airlines as an option in 13 California airports before summer 2021, further deepening the carrier’s commitment to the Golden State. Southwest long has carried more air travelers to, from, and within California than any other carrier, a legacy sustained in the most recent reporting of U.S. Department of Transportation data on airline passengers traveling nonstop.

Mesa Air Completes Second Closing On Secured Loan Facility

November 16, 2020 / WIL BALDWIN

Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has completed a second closing through its previously disclosed five-year Loan and Guarantee Agreement under the Coronavirus Air, Relief, and Economic Security Act (CARES Act).

The Loan Agreement provided a secured term loan facility of up to $200 million. On October 30, 2020, Mesa borrowed $43 million under the facility and today, completed a second closing to borrow an additional $152 million. These funds may be used for general corporate purposes and operating expenses, to the extent permitted by the CARES Act.

“I’d like to again express my sincere gratitude to everyone involved in making this deal happen. Our people have been working very hard to ensure Mesa and its employees are prepared to weather this storm”, said Jonathan Ornstein, Chairman and Chief Executive Officer. “These additional funds will substantially benefit our airline and the communities we serve as we continue to navigate the obstacles created by the pandemic”.

In connection with the additional $152 million drawn under the facility, Mesa issued warrants to the U.S. Treasury to purchase 3,819,095 shares of common stock, no par value. The Warrants have a five-year term from the date issued, were issued pursuant to the Warrant Agreement, and have substantially identical terms to the warrants issued on the initial closing.

Southwest Airlines Adding Service to Sarasota Bradenton Airport

November 15, 2020 / WIL BALDWIN

Southwest Airlines Co. (NYSE: LUV) today announced plans to expand its Florida service by adding flights at Sarasota Bradenton International Airport (SRQ) in the first quarter of 2021. Sarasota will be the carrier’s tenth airport served in the State of Florida and is the tenth airport in a list of new places to join the Southwest route map in the coming eight months as the carrier furthers its reach of friendly policies, iconic Hospitality, and value and comfort. Service details including the initial flight schedule and fares for Sarasota-Bradenton will be announced soon.

“We’ll arrive in Sarasota-Bradenton as Southwest marks 25 years of serving the Sunshine State. Our Customers who choose SRQ will land closer to their preferred beaches and business meetings, benefiting from our added investment in the growing region between our longtime cities of Tampa Bay and Ft. Myers,” Steve Goldberg, Southwest Airlines Senior Vice President of Operations and Hospitality said. “Locals who fly Southwest can also pair their preferred airline and airport, and get in the air faster with a shorter drive to SRQ.”

“We are thrilled to welcome Southwest Airlines to the Sarasota Bradenton International Airport (SRQ). This is especially significant during these challenging times in aviation,” Rick Piccolo, President, CEO of the Sarasota Bradenton International Airport said. “Southwest’s low fares and renowned customer service will provide the bi-county community, as well as our inbound visitors, with access to the vast network of destinations that Southwest Airlines serves.”

Previously announced Southwest service to Miami begins on November 15.

Congo Airways Converts Embraer E175 Order to E190-E2 Jets

May 28, 2020 / WIL BALDWIN

São José dos Campos, Brazil, May 26th, 2020 – Congo Airways have converted the firm order made in December 2019 for two E175 aircraft, with purchase rights for two more, into a firm order for two E190-E2 jets, with purchase rights for a further two. The new deal has a total value of USD 256 million at current list prices with all purchase rights exercised, and will be included in Embraer’s second quarter backlog.

Desire Bantu, CEO of Congo Airways said, “These new jets will be replacing our legacy turboprops and will allow us to extend our operations within the Democratic Republic of Congo, and regionally to West, Central, and Southern Africa. Despite the current difficult circumstances, the fundamentals of our market have not changed; so we expect the momentum we’ve seen in the past to redevelop. I said in December that we may need to make an additional order for E2s due to the agility required to adapt to market changes – we have now reached that point. As we prepare for future success, we will have the flexibility, and the right sized, most efficient aircraft, to serve our customers as the market returns.”

“It’s great to welcome another airline to the E2 and the Embraer family of operators, especially in Africa where the demand for regional travel had been growing strongly before the current crisis. Africa has long been a market with low frequencies and long thin routes. As airlines start ramp up their operations, the E2 family of aircraft is perfectly positioned to right size routes previously operated by narrowbodies, while keeping frequencies and adjusting capacity to new levels.” said Raul Villaron, Vice President Sales, Africa and Middle East, Embraer Commercial Aviation. “We look forward to supporting Congo Airways as they continue to upgrade their offering to their customers.”

The aircraft will be configured in a dual class layout seating 96 passengers in total, with 12 staggered business class seats. Deliveries are expected to begin in the second quarter of 2022. This is second E2 order received from an African customer. There are currently 189 Embraer aircraft operating in Africa with 54 airlines in 27 countries.

Embraer is the world’s leading manufacturer of commercial aircraft up to 150 seats with more than 100 customers across the world. For the E-Jets program alone, Embraer has logged more than 1,800 orders and 1,500 aircraft have been delivered. Today, E-Jets are flying in the fleets of 80 customers in 50 countries. The versatile 70 to 150-seat family is flying with low-cost airlines as well as with regional and mainline network carriers.

Vic Scheibert (l), President of Alaska Operations, Trident Seafoods, and Joe Bundrant, CEO, Trident holding up the first Copper River salmon.

Alaska Airlines & Partners Serve Season’s First Copper River Salmon to First Responders

May 18, 2020 / WIL BALDWIN

Trident Seafoods, Ocean Beauty Seafoods, Copper River Marketing Association and Tom Douglas partner to salute local medical professionals

Alaska Airlines Captain Brent Carricaburu presenting the first Copper River salmon, which weighed in at 33 pounds.

More than 200 health care workers at Swedish Medical Center – Ballard will be among the first to enjoy the season’s first catch of prized Copper River salmon. Alaska Air Cargo this morning delivered the first catch of fresh, sustainable Copper River salmon to Seattle, which will be delivered to grocery stores across the country.

Helping fishing communities, fisheries and processors like Trident Seafoods, Ocean Beauty Seafoods and Cooper River Seafoods get the coveted salmon to market, often in less than 24 hours from being pulled from the water, is Alaska Air Cargo’s specialty. The airline plays a critical role in the economic vitality of Cordova, Alaska, where more than 50 percent of residents work in the fishing industry.

“Alaska Air Cargo has long been a partner of the Alaska seafood industry,” said Torque Zubeck, managing director of cargo for Alaska Airlines. “Now more than ever, we provide a critical service that directly impacts the economic vitality of the region. In Cordova alone, more than half of residents are directly involved in the fishing industry or related business.”

As a thank you for their efforts on the frontlines of the battle against coronavirus, Alaska Airlines, Trident Seafoods, Ocean Beauty Seafoods, Copper River Seafoods, Copper River Marketing Association and famed Seattle chef Tom Douglas are partnering to provide a delicious meal to health care heroes, and feed the community, while raising money for Food Lifeline.

“I love everything about Copper River salmon,” said chef Tom Douglas. “I love the richness of its delicate flesh and flavor. It’s very short season makes it a true delicacy. I am glad we get to share it with our health care workers and the Greater Seattlecommunity.”

Alaska Air Cargo employees begin to unload 9,000 pounds of Copper River salmon, part of the first shipment to arrive in Seattle.

Douglas will feature salmon donated by the seafood processors and the Copper River Marketing Association to prepare over 200 meals for Swedish Hospital medical professionals working on the frontlines of the coronavirus pandemic. Pilots, flight attendants and management employees from Alaska will be on hand Saturday to deliver the meals and thank workers for their efforts.

“We’re thankful for Alaska Airlines, Copper River Marketing Association, Trident, Ocean Beauty, Copper River Seafoods and especially Tom Douglas for providing our heroic health care workers at Swedish Ballard with the meal today,” said Swedish Ballard Chief Operating Officer Kasia Konieczny. “While this pandemic has been difficult for us all, it is great to see the community coming together, like these partners, to provide for one another.”

On Sunday, May 17, fish lovers are invited to partake in the festivities, while social distancing, of course. For a limited time and while supplies last, Trident and Douglas will be “Grilling for Good.” He and his Serious TakeOut team will prepare grilled Copper River sockeye salmon entrees available for purchase through the Tom Douglas website, with all proceeds donated to Food Lifeline.

Alaska Air Cargo transports more than 30+ million pounds of cargo annually—including seafood, mail and freight —and operates the most extensive air cargo operation on the U.S. West Coast of any passenger airline.

Alaska Airlines and its regional partners serve more than 115 destinations across the United States and North America, providing essential air service for our guests along with moving crucial cargo shipments, such as food, medicine, mail and e-commerce deliveries. With hubs in Seattle; San Francisco; Los Angeles; Portland, Oregon; and Anchorage, Alaska, the airline is known for low fares, award-winning customer service and sustainability efforts. With Alaska and its Global Partners, guests can earn and redeem miles on flights to more than 800 destinations worldwide. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

Hawaiian Airlines to Focus on Critical Flights and Cargo Service

March 26, 2020 / WIL BALDWIN

Airline to serve San Francisco and Los Angeles daily
American Samoa weekly starting in April

Hawaiian Airlines is reducing its April flight schedule due to the COVID-19 pandemic with a commitment to continue offering its guests and cargo customers essential service within the Hawaiian Islands and between Hawai‘i and California and the U.S. territory of American Samoa.

The airline will maintain a reduced but still robust schedule of Neighbor Island flights, while bolstering all-cargo service to ensure goods continue to reach communities statewide.

“As Hawai‘i’s airline, we understand that our operation is essential to the state. We serve both guests who rely on us for important travel and the transportation of critical cargo,” said Hawaiian Airlines President and CEO Peter Ingram. “This has been the hallmark of our mission for 90 years and our dedication to our guests remains unchanged as we look to overcome this global crisis together.”

Starting Sunday, Hawaiian’s long-haul transpacific network will consist of one daily nonstop flight between Honolulu (HNL) and Los Angeles (LAX) and San Francisco (SFO), and one weekly flight connecting Hawai‘i to its Pacific island neighbor of Pago Pago, American Samoa (PPG). All routes will be operated with wide-body Airbus A330 aircraft.

The California routes present cargo opportunities to help maintain service for shippers affected by the reduction in passenger flights due to the state of Hawai‘i’s mandatory 14-day quarantine for overseas arrivals starting tomorrow in an effort to prevent the spread of COVID-19. The HNL-PPG route maintains vital service for the territory of American Samoa.

Guests traveling on Hawaiian’s Neighbor Island network will continue to enjoy convenient options throughout the day with 41 daily roundtrip flights scheduled for April. From Honolulu there will be 38 daily flights, including 13 to Maui, eight to Kona, seven to Kaua‘i, six to Hilo, and two each to Lāna‘i and Moloka‘i. From Maui there will be one roundtrip each to Hilo, Kaua‘i and Kona in addition to Honolulu service.

Hawaiian’s schedule reductions for April resulted from the state of Hawai‘i’s quarantine entry restriction and the ensuing drop off of travel to and from the islands. Hawaiian is operating its regularly scheduled long-haul flights through today before it begins suspending routes tomorrow.

Meanwhile, Hawaiian has expanded interisland cargo service to facilitate the movement of essential goods ranging from food to medical equipment and machinery.

On March 3, a fleet of all-cargo ATR-72 aircraft operated by ‘Ohana by Hawaiian began offering flights five days a week between Honolulu and Kahului (OGG) on Maui and Kona (KOA) on the western coast of the Island of Hawai‘i. The new routes add to all-cargo service launched in summer of 2018 between HNL and Līhu‘e (LIH) on Kaua‘i and Hilo (ITO) on the eastern coast of the Island of Hawai‘i.

Hawaiian also utilizes its Boeing 717 passenger fleet to carry critical, time-sensitive cargo like pharmaceuticals and Blood Bank of Hawai‘i shipments.

Hawaiian is still experiencing an unprecedented volume of calls from guests and respectfully asks that only those with immediate travel needs contact the airline for assistance. Options to reach Hawaiian’s reservations team, to make online changes to tickets, and to see a list of travel waivers are available at Hawaiian’s COVID-19 hub.

The airline also explains how it is keeping employees and guests safe by disinfecting aircraft and airport spaces, modifying boarding processes to prevent congestion at the gate, and adjusting in-flight services such as by distributing disposable sanitizing wipes.

JetBlue Provides Operational Update Related To Coronavirus

March 19, 2020 / WIL BALDWIN

JetBlue (NASDAQ: JBLU) has issued the following message to its 23,000 crew members.

It has been a very tough few weeks. We are so proud to see once again how the JetBlue culture brings us together during times of crisis. Thank you for continuing to serve our Customers and deliver the JetBlue experience, particularly when your own lives are being disrupted in so many ways.

With safety our #1 value, we continue to take the measures necessary to protect your health. But as it relates to our business, we are not going to sugarcoat it. Demand continues to worsen, and the writing is on the wall that travel will not bounce back quickly.

We’d like to give you some color on what we are seeing. Last year on a typical day in March we took in about $22 million from bookings and ancillary fees. Throughout this March, our sales have fallen sharply and in the last several days we have taken in an average of less than $4 million per day while also issuing over $20 million per day of credits to Customers for canceled bookings. This is a stunning shift, which is being driven by fewer new bookings, much lower fares, and a Customer cancel rate more than 10 times the norm. If you do the math, $4 million per day does not come anywhere close to covering our daily expenses. It is hard to predict how long these conditions will last and how much more challenging the environment may become.

We are not alone. Virtually every major carrier is taking actions that were almost unthinkable a few weeks ago, making huge schedule reductions and parking significant portions of their fleets.

Even though we entered this from a position of strength with a strong balance sheet and cash in the bank, because of the dramatic fall-off in bookings, we need to reduce our spending immediately so that we can continue to fund JetBlue’s operations and ensure your jobs are protected. We have already announced an initial capacity reduction, pay cuts for our officers (VPs and above), voluntary time off programs, re-negotiated Business Partners agreements, and other spending reductions.

We’ve taken swift and decisive actions to protect you, but we must do more and do so quickly to weather this storm.

Reducing our flying to reflect demand
We are reducing our capacity in the coming months, with a reduction of at least 40% in April and May. We also expect substantial cuts in June and July, and given the unpredictability of this event, we will ground some of our aircraft. We know this is not an easy move – it will impact hours for many frontline Crewmembers, but it is also essential that we reduce capacity in the face of dramatically falling demand.

We will be notifying Customers of their specific cancellations in a phased approach so that we do not overwhelm Customer Support as they continue to receive exponentially more calls than they ever have before.

Reviewing our fleet plan
One of our most substantial capital expenses is the purchase of new airplanes. In collaboration with Airbus, we are looking at our order book for opportunities to slow deliveries and reduce aircraft pre-delivery payments (PDPs). We will also defer the four previously used airplanes that we announced earlier this year.

Cutting our capital and operational spending
We will reduce spending wherever we can to preserve our cash, and both of us will be taking a 50% pay reduction during this crisis.

We entered the year with a list of major initiatives to invest in our infrastructure, technology and real estate. As of today, we have paused or stopped more than 75% of these projects and will continue to stand down work wherever we can.

Increasing our cash reserves
The dramatic loss of revenue in recent days means we will have to start dipping into our cash savings. Although we came into this with about $1.2 billion, our expenses total millions of dollars each day. The good news is we have secured a new liquidity facility – an extra credit line – which allowed us to borrow $1 billion. This is not free money – it’s a band-aid solution that holds us over and we have to pay it back with interest. Even with these cash reserves we, like the rest of the industry, will need significant government support to help us through these losses.

Calling for government intervention
The governmental warnings and actions taken to manage this health crisis have hit both domestic and international travel hard. We have been coordinating with Airlines for America (A4A) and other U.S. airlines to ensure government leaders understand the threat to our global economy if air travel is not supported. When this pandemic passes – and it will – air travel will play a major role in getting life back to normal and supporting economic recovery. We are going to need significant government help to do that. This is not a position we’d like to be in, but government assistance will help us protect our 23,000 Crewmembers who are our most important priority as we navigate these turbulent times.

From the beginning we have faced many challenges and, against all odds, we have thrived through some incredibly difficult events. Now we are faced with what is by far the biggest challenge our company and our industry has ever seen. While we know this is an incredibly difficult time for all of you as you work to juggle your own concerns around coronavirus, we have come through other challenges in our 20 year history and we can – and will – come through this together.

The next few months won’t be easy, but please know that all the steps we’re taking today are focused on protecting the health and safety of our Crewmembers and Customers and ensuring JetBlue remains a great place for you to work well into the future.

Amtrak Offers Additional Service in Mystic, CT and Westerly, RI with New, Modified Schedules

February 12, 2020 / WIL BALDWIN

Provides more efficient service to improve the travel experience and benefit customers throughout New England and the greater Northeast

NEW YORK – Amtrak continues to prioritize upgrading the customer experience as travelers along the Northeast Corridor (NEC) will now benefit from increased weekday service on Northeast Regional trains at popular stations in Mystic, CT and Westerly, RI to receive more access to the region’s major markets. The new schedule, which largely alternates trains at these stations to provide more meaningful service, will go into effect beginning Monday, March 16.

“By providing additional service for Mystic and Westerly, travelers and residents will reap the benefits of a more efficient travel experience,” said Amtrak President and CEO Richard Anderson. “The benefits will also expand beyond these two stations as it allows Amtrak to better serve populations and cities along the NEC by offering additional access to and from urban areas in Boston, New York, and Virginia.”

In addition to the customer benefits and improvements to quality of travel via the expanded service, Amtrak also remains committed to continuous improvement and innovation throughout the entirety of its rail network, on its trains and at its stations. Amtrak recently announced the expansion of its popular assigned seating offering in Business Class for Northeast Regional trains, which provides a more seamless onboarding process and the option for customers to select their preferred seat.Northeast Regional trains, as part ofAmtrak’s NEC fleet, are also the country’s only all-electric intercity trains, providing a more environmentally friendly way to travel as part of Amtrak’s goal to reduce its carbon footprint.

Weekday Southbound trains will now stop at Westerly and Mystic at the following times (new service highlighted in blue):

Weekday Northbound trains will now stop at Westerly and Mystic at the following times:

There are no changes to weekend trains at this time; Schedules are subject to change. Tickets are now on sale on Amtrak.com, the Amtrak app, via our ticket agents or by calling 1-800-USA RAIL.

Lessor BBAM Orders 3 Boeing 737-800 Converted Freighters

February 10, 2020 / WIL BALDWIN

SINGAPORE, Feb 11 (Reuters) – Boeing Co said on Tuesday that lessor BBAM had ordered three 737-800 converted freighters to serve the growing e-commerce market and express sectors of the air cargo market.

The planes to be converted will come from BBAM’s existing fleet. “This agreement shows how we can serve our customers by delivering efficient and reliable airplanes and a portfolio of services that extracts value throughout the life of those jets,” said Ihssane Mounir, Boeing’s senior vice president of Commercial Sales and Marketing.

Boeing also said it would inaugurate a 737-800 passenger to freighter conversion line in China this summer.

The new line will be at Guangzhou Aircraft Maintenance Engineering Company Ltd (GAMECO), a joint venture between China Southern Airlines Co Ltd and Hutchison Whampoa.

(Reporting by Jamie Freed; Editing by Himani Sarkar)

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