Tag: Country (Page 3 of 7)

Moving Egypt, A Modern Rail System That Will Transform Everyday Life

November 1, 2021 / WIL BALDWIN

Siemens (OTC: SIEGY) Mobility unit will install a comprehensive rail system that will feature the first ever high-speed, electrified main and freight rail line that will transform transportation in Egypt. The initial 660 km line will connect the port cities of Ain Sokhna on the Red Sea to Marsa Matrouh and Alexandria on the Mediterranean and will provide efficient, safe, and affordable transportation for all Egyptians, as well as goods across the country. The Egyptian government has an ambitious plan to invest heavily in a reliable and sustainable 1800 km state-of-the-art rail network that will establish Egypt as a regional leader for transportation and provide an additional boost to the economy.

The 660 km line connecting the Red Sea to the Mediterranean will create a Suez Canal type of link on the tracks. The connection will transport up to 30 million people per year and save up to 50 percent travel time. The electrified line will cut carbon emissions by 70%, in comparison to the current car and bus transportation. Siemens Mobility will deliver its Velaro high-speed trains, Desiro High Capacity regional train sets, and Vectron freight locomotives.

QANTAS Unveils Vaccine Reward Mega Prize Campaign

August 23, 2021 / WIL BALDWIN

A year’s worth of free flights, Accor hotel stays and bp fuel up for grabs*
Free Qantas Points, Status Credits or $20 flight discount for fully vaccinated Australians
Qantas teams up with Australian singer Tones And I to launch TVC to ‘Be Rewarded’

The Qantas Group is launching its reward campaign for COVID-19 vaccinated Australians to recognise their role in helping the country get out of lockdown.

From tomorrow, fully vaccinated Australian-based Frequent Flyers who are 18 and over will be able to claim their reward through the Qantas App by choosing one of three options:

1000 Qantas points
15 status credits (which help Frequent Flyers move up between Silver, Gold and Platinum tiers)
$20 flight discount for Qantas or Jetstar

Members will then be automatically entered into a mega prize draw to win a year’s worth of flights, accommodation and fuel.

Ten mega prizes will be up for grabs with a winner selected from each state and territory and two mega prize winners as part of a national TV campaign.

Winners of ten mega prizes will receive a year’s worth of flights to take off to more than 60 destinations around Australia, with free accommodation across 345 Ac cor hotels, resorts and apartments (including Sofitel, Pullman, Peppers, Mantra, Mercure, Mövenpick, Novotel and Ibis) and top up their cars with free fuel from any of bp’s 1,400 service stations across the country.

Winners will also be able to take off to any Qantas and Jetstar international destination when borders start to open.

Qantas Group CEO Alan Joyce said the vaccine rollout was critical for protecting public health and key to breaking the cycle of lockdowns.

Australians can claim their points, status credits or flight discounts and be automatically entered in the mega prize draw by downloading the Qantas App (via the App Store or through Google Play), using their Medicare app to access and upload their COVID-19 digital vaccination certificate and selecting their reward choice. Vaccination certificate information will be deleted upon verification.

Click the link below to read the full story!

https://www.qantasnewsroom.com.au/media-releases/qantas-unveils-vaccine-reward-mega-prize-campaign/

Alstom Signs Contract to Supply Metropolis Trains to the City of Santo Domingo

August 23, 2021 / WIL BALDWIN

Santo Domingo, August 23, 2021 – Alstom will manufacture, supply and commission eight (8) new three-car Metropolis trainsets for Line 1 of the Santo Domingo Metro serving the capital of the Dominican Republic. The international public tender, managed by the Oficina Para el Reordenamiento del Transporte (OPRET), and financed by the Agence française de développement, is a priority project for infrastructure development in Santo Domingo and to increase the transportation capacity of the country’s capital city.

Line 1 of the Santo Domingo metro, conceived to improve mobility in the north-centre-south city corridor, serves 16 stations across 14.5 kilometres. The new trains that Alstom is supplying will be able to operate in multiple units, coupled with each other or with the trains of the fleet previously acquired by OPRET, allowing capacity to be adapted to demand: 6-car configurations at peak times and 3-car configurations at off-peak times.

The new trains will have the same features, functionalities and characteristics of the Metropolis trains that currently operate in the Santo Domingo Metro, such as wide doors, wide corridors and a low floor for an optimal flow of passengers. In addition, the new trainsets will have additional features and technological improvements to enhance the passenger experience and optimize operations and availability, including LED lighting in the passenger area, Wi-Fi connection for the uploading of multimedia files and data transmission to the control unit, as well as improvements in the passenger information and alert system, train control and self-diagnosis systems.

The new trains will be manufactured at Alstom’s plant in Santa Perpetua, Barcelona, Spain, and the first two trains will arrive at the port of Santo Domingo approximately 18 months from the signing of the contract. These new trains will join the 25 Metropolis trains that Alstom previously supplied to Santo Domingo Metro for Line 1 and the 21 Metropolis trains supplied for Line2, since 2009, for a total of 138 cars.

Globally, more than 6,000 Metropolis cars have been sold across the globe, including to cities such as Barcelona, Amsterdam, Mumbai, Chennai, Montreal, Singapore, Buenos Aires, Lima and Santiago de Chile.

Delta Contributes $100,000 to American Red Cross Haiti Earthquake Relief Effort

August 17, 2021 / WIL BALDWIN

Delta Air Lines will contribute $100,000 to the American Red Cross to support relief efforts in Haiti following a devastating 7.2 magnitude earthquake that struck the country on August 14.

The affected region is home to more than 800,000 people. This donation enables the global Red Cross network in its efforts helping families impacted by the earthquake. The Haitian Red Cross with the support of the global Red Cross Red Crescent network are leading efforts to aid families, including providing first aid and helping with search and rescue efforts.

This contribution is in addition to the $1 million grant to the American Red Cross as an Annual Disaster Giving Program (ADGP) partner.

The American Red Cross is Delta’s longest-standing non-profit partner, and the partnership has allowed the airline, its customers and employees to help people in need around the world since 1941. For more information on the services of the Red Cross, please visit redcross.org or cruzrojaamericana.org.

Alstom Successfully Commissioned First Seven Freight Locomotives in Azerbaijan

June 29, 2021 / WIL BALDWIN

Alstom has successfully commissioned the first 7 Prima T8 AZ8A freight locomotives to Azerbaijan Railways (ADY). These locomotives will run on the main freight transit line, which has recently been converted from 3 kV DC to 25 kV AC.

The Prima T8 AZ8A locomotives will be running initially on the “Silk Road” East-West corridor of Azerbaijan linking the Caspian Sea main ports to the Georgian border and later all across the country.

In 2014, ADY signed a contract with Alstom for €288 million for supplying 50 electric locomotives, including 40 Prima T8 AZ8A heavy freight locomotives which are being produced at Alstom’s JV EKZ in Nur-Sultan, Kazakhstan and 10 Prima M4 AZ4A passenger locomotives which have been produced in Belfort, France and already delivered to Azerbaijan.

Alstom’s Prima T8 is one of the most powerful electric locomotives in the world. This model is a 25 tons per axle two-section freight locomotive capable of towing up to 9,000 tons and running at 120 km/h, with installed continuous power of 8.8 Megawatts. The Prima T8 AZ8A is designed to operate in temperatures ranging from -25°C to 50°C. It requires minimum maintenance and provides high reliability levels and low lifecycle costs thanks to its modular design.

Alstom’s Prima range is covering all market segments of locomotives from heavy-haul, freight and passenger operation and shunting or track work operation. Over the past 20 years, more than 3,200 Prima locomotives (more than 4,600 sections) have been sold worldwide.

Alstom is present in Western & Central Asia with more than 1,000 people, three country offices in Kazakhstan, Azerbaijan and Uzbekistan, five depots, repair center and two plants, EKZ in Nur-Sultan for electric locomotives manufacturing and maintenance and production of on-board transformers, and KEP in Almaty to produce point machines. Alstom is a major contributor to the revitalization of the region’s mobility industry and the development of its economy.

EKZ, a joint venture of Alstom, employs around 850 people and is working on supplying and maintaining the Prima electric locomotives ordered by KTZ, Kazakhstan’s national railway company and export markets, like Azerbaijan.

Delta counts down to Croatia flight launch

June 29, 2021 / WIL BALDWIN

Delta is counting down to the start of its new service to Dubrovnik on Friday, July 2, offering U.S. travelers more opportunities to reclaim the joy of travel this summer in one of Europe’s most intriguing nations.

Croatia is the first new European country to which Delta will begin service since the start of the pandemic. Its customers are eagerly awaiting the opportunity to discover the country. The airline will operate four weekly nonstop services between Dubrovnik and New York-JFK, with departures on Wednesdays, Fridays, Saturdays and Sundays. Flights are operated in conjunction with Delta’s European partners Air France, KLM and Virgin Atlantic.

Data from the World Travel and Tourism Council reports that tourism represents 25 percent of Croatia’s GDP. Pre-pandemic, the number of U.S. tourists to Croatia was on the rise, with more than 550,000 visitors in 2018 – a 23 percent increase over 2017, according to the Ministry of Tourism. Meanwhile, the Croatian Bureau of Statistics reported that 10 percent of all visitors to Dubrovnik came from the U.S. in 2019, which is the second-largest source market.

Customers flying from Croatia can connect at Delta’s JFK hub to more than 30 cities across the U.S. within four hours of arrival, enabling them to reach their final destination the same day. The service also provides cargo opportunities for freight forwarders to conveniently transport goods between the nations.

In line with local entry guidelines, all customers must show proof of full vaccination status, have a negative PCR test or proof of recent COVID-19 recovery before boarding in the U.S. While the U.S. is open to visitors from Croatia, Delta recommends that customers check entry requirements before travel. Details are available on the Delta Discover Map on delta.com. The airline continues to offer more flexibility than ever to plan and rebook tickets with an industry-leading travel credit extension for all tickets expiring in 2021 and all tickets purchased in 2021 through Dec. 31, 2022.

Outrage Grows as Ryanair plane Hijacked by Belarus to Arrest Dissident Journalist – BBC

May 25, 2021 / WIL BALDWIN

Lockheed Martin to Deliver Sweden World’s Most Advanced Air Defense Missile

May 11, 2021 / WIL BALDWIN

Lockheed Martin successfully delivered Sweden’s first Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) interceptors in April, providing the country with the world’s most advanced air defense missile that uses Hit-to-Kill technology to defend against incoming threats.

U.S. and Swedish officials formalized an agreement for Sweden to purchase PAC-3 MSE interceptors and related support equipment in August 2018.

The PAC-3 MSE’s revolutionary two-pulse solid rocket motor provides increased performance in both altitude and range while employing the same proven Hit-to-Kill technology that the PAC-3 CRI missile uniquely brings to the Patriot system.

Icelandair Announces the Opening of Sky Lagoon in Reykjavik

May 10, 2021 / WIL BALDWIN

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.

Click the link below to read the full story!

https://www.icelandair.com/blog/sky-lagoon-opens-in-reykjavik/

Singapore Airlines Raises S$2 Billion from Sale-and-Lease Back Transactions

May 10, 2021 / WIL BALDWIN

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.”

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