TOMORROWS TRANSPORTATION NEWS TODAY!
Singapore-based lessor BOC Aviation Limited has placed a firm order with Airbus for 20 A320neo aircraft. Up to 12 of the newly-ordered aircraft will be leased to Colombia’s Avianca Airlines.
Featuring the widest single-aisle cabin in the sky, the A320neo Family incorporates the latest technologies, including new generation engines and Sharklets, which together deliver 20% reduced fuel burn as well as 50% less noise compared to previous-generation aircraft.
Genesee & Wyoming Inc. (G&W) today announced the completion of its previously announced sale to affiliates of Brookfield Infrastructure and GIC.
Under the terms of the sale, each issued and outstanding share of G&W common stock converted into the right to receive $112 in cash. As a result of the completion of the sale, G&W’s common stock ceased trading on the NYSE prior to market open today and will no longer be listed for trading on the NYSE.
“This transaction is an excellent outcome for all G&W stakeholders,” said Jack Hellmann, Chief Executive Officer of G&W. “For our customers, employees, and Class I partners, the long-term investment horizon of Brookfield and GIC is perfectly aligned with the long lives of G&W railroad assets. We look forward to building on G&W’s track record of safety, service excellence and commercial growth as we become an important component of a portfolio of global infrastructure assets.”
About Genesee & Wyoming
G&W owns or leases 119 freight railroads organized in locally managed operating regions with 8,000 employees serving 3,000 customers.
G&W subsidiaries and joint ventures also provide rail service at more than 40 major ports, rail-ferry service between the U.S. Southeast and Mexico, transload services, contract coal loading, and industrial railcar switching and repair. For more information, please visit www.gwrr.com.
About Brookfield Infrastructure
Brookfield Infrastructure Partners is a leading global infrastructure company that owns and operates high quality, long-life assets in the utilities, transport, energy and data infrastructure sectors across North and South America, Asia Pacific and Europe. We are focused on assets that generate stable cash flows and require minimal maintenance capital expenditures. Brookfield Infrastructure Partners is listed on the New York and Toronto stock exchanges. Further information is available at www.brookfieldinfrastructure.com.
Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a leading global alternative asset manager with over $500 billion of assets under management. For more information, go to www.brookfield.com.
About GIC
GIC is a leading global investment firm established in 1981 to manage Singapore’s foreign reserves. As a disciplined long-term value investor, GIC is uniquely positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate and infrastructure. In infrastructure, GIC’s primary strategy is to invest directly in operating assets with a high degree of cash flow visibility and which provide a hedge against inflation. GIC has investments in over 40 countries. Headquartered in Singapore, GIC employs over 1,500 people across 10 offices in key financial cities worldwide. For more information on GIC, please visit www.gic.com.sg.
A Boeing [NYSE: BA]-built satellite called JCSAT-18/Kacific1 will provide affordable internet access and other communications services to underserved parts of Asia and the Pacific islands.
The satellite launched today from Cape Canaveral, Florida at about 7:10 p.m. It will enter service several weeks after on-orbit tests and moving to its final geostationary orbit position over the Asia-Pacific region.
Built on Boeing’s 702 satellite platform, JCSAT-18/Kacific1 has two separate payloads for two customers, SKY Perfect JSAT of Tokyo and Kacific Broadband Satellites Group of Singapore. The satellite will deliver internet services to a potential market comprising hundreds of millions of people in more than 25 countries, including remote islands in the Pacific and the far eastern part of Russia.
“JCSAT-18/Kacific1 is going to make a difference in the lives of millions of people throughout the Asia Pacific region,” said Chris Johnson, president, Boeing Satellite Systems International. “We are proud to support SKY Perfect JSAT and Kacific as they seek to bring positive change through connectivity in regions that have been traditionally underserved.”
JCSAT-18/Kacific1 is the 13th satellite Boeing has built for SKY Perfect JSAT and the first satellite built for Kacific.
SYDNEY (Reuters) – Qantas Airways Ltd <QABSY> said on Friday it has chosen Airbus SE <EADSY> as preferred supplier for jets capable of the world’s longest commercial flights from Sydney to London, beating rival Boeing Co <BA> after a hard-fought contest.
The choice of up to 12 A350-1000 planes fitted with an extra fuel tank for flights of up to 21 hours cements Airbus as the leader in ultra-long haul flying globally at a time when Boeing is battling delays on its rival 777X programme and a broader corporate crisis following two deadly 737 MAX crashes.
The Qantas flights would begin in the first half of 2023, but remain subject to reaching a pay deal with pilots, who would need to extend their duty times to around 23 hours to account for potential delays and switch between flying the A350 and the airline’s current A330 fleet. A final decision on an order is expected in March, the airline said.
Qantas Chief Executive Alan Joyce said the airline “had a lot of confidence” in the market for non-stop services from Sydney to London and to New York based on two years of flying non-stop from Perth to London, where it has achieved a 30% fare premium over one-stop rivals in premium classes.
“The A350 is a fantastic aircraft and the deal on the table with Airbus gives us the best possible combination of commercial terms, fuel efficiency, operating cost and customer experience,” he said.
Singapore Airlines Ltd <SINGY> operates the world’s current longest flight, nearly 19 hours from Singapore to New York, using an ultra-long range version of the smaller A350-900.
Airbus Chief Commercial Officer Christian Scherer thanked Qantas for its selection in a statement, while a Boeing spokesman said it was disappointed with the decision but looked forward to continuing its longstanding partnership with the airline.
Rico Merkert, a transport professor at the University of Sydney Business School, said the A350-1000 fit the Qantas brief well and was the safer choice, given Boeing has recently reported problems such as the grounding of the 737 MAX, structural cracks in 737 NGs and a fuselage split in a stress test of its 777-9.
“The A350 just seems to be a much safer bet,” he said. “And safety is at the core of everything that Qantas does including its brand.”
Airbus no longer provides list prices for aircraft, but based on its 2018 price list, the Qantas order could be worth up to $4.4 billion before heavy discounts that are standard for airline customers.
Citi on Friday estimated the planes would cost A$3 billion (1.6 billion pounds) to $3.5 billion, with the investment likely to be phased over three years.
The selection of the A350-1000 will add to growing doubts over Boeing’s plans to produce the 777-8 that it had proposed to Qantas for the mission.
Boeing had already said the entry into service for the plane, a smaller, longer-range version of the 777-9, would be delayed beyond 2022 but has declined to give a new date, saying it would be based on customer demand.
Customers Emirates and Qatar Airways have indicated they could switch orders for the 777-8 to the 777-9.
The 777-9 is due to enter service in 2021, following delays associated with its GE <GE.N> engines.
The Boeing spokesman said on Friday the manufacturer was focused on the development of the 777-9 and after that it would complete development of the 777-8, with the first delivery scheduled a few years after that.
(Reporting by Jamie Freed; Editing by Sam Holmes and Stephen Coates)
In 1996, Bombardier Transportation pioneered a new mobility solution for Singapore’s first light rail transit system – the driverless BOMBARDIER INNOVIA APM 100 automated people mover. This fully automated transit system went into service in 1999 on the revolutionary Bukit Panjang LRT line to improve the quality of life for residents by connecting outlying residential areas with the high-capacity Mass Rapid Transit (MRT) rail network as well to schools, retail, community and healthcare centers.
2019 marks the 20th anniversary of the first APM’s entry into service, a historic milestone for Bombardier. The INNOVIA APM system embodies the evolution of automated transit operations over many years at numerous locations around the globe, from London and Guangzhou to Phoenix and San Francisco – the INNOVIA APM is in use in many of the world’s busiest international airports and city districts. Currently, Bombardier has 32 APM vehicles circulating Bukit Panjang with an annual ridership of 24 million passengers, bringing residents closer to their homes.
Singapore’s Bukit Panjang LRT line, runs on a fully-automated people mover system based on the INNOVIA APM 100 automated people mover system. Already in service in many of the world’s busiest cities and biggest airports, this proven passenger mobility solution provides safe, swift and seamless connectivity between the outlying residential areas and the city.
The iconic Bukit Panjang LRT line is an 8-km automated guideway transit solution intended to serve the residential town located in the West Region of Singapore, acting as a replacement to the many buses deployed through the town, especially during rush hour. With an estimated population of 140,000, half of Bukit Panjang’s residents rely on the LRT for their daily commute. A complete loop journey takes 28 minutes, serving 13 stations, providing a feeder service to connect residents to the two high-capacity North-South (red) and Downtown (blue) MRT lines, moving them to the city.
Operating on a dedicated elevated guideway at a speed between 20km/h to 65 km/h, this arrangement ensures consistent service that provides shorter waiting times for the passengers without interfering with surrounding road traffic. The current BOMBARDIER CITYFLO 550 rail control and signalling system and wireless communications supports the system’s operation while ensuring seamless integration into the city’s existing infrastructure.
In 2018, Bombardier signed an asset replacement contract to upgrade the Bukit Panjang LRT system by supplying a fleet of 19 BOMBARDIER INNOVIA APM 300 vehicles, retrofitting 13 existing INNOVIA APM 100 vehicles, as well as upgrading its current CITYFLO 550 technology to the advanced CITYFLO 650 CBTC solution for a smoother ride for commuters. Other works include power rail enhancement and condition monitoring through Train Control Management System.
Working hand-in-hand with the Singapore Land Transport Authority to design a next-generation train with modern aesthetics, the new features incorporated advanced technology for improved performance and functionality, as well as enabling interchangeability with existing APM 100 vehicles. From 2022, the asset replacement is set to improve rail reliability, safety and availability for optimal performance of the Bukit Panjang LRT line.
After two decade of services, the system achieved an improved performance and for the period of October 2018 to September 2019, it reached a rail reliability performance of 64,000 train-km before a delay of more than five minutes occurs on the system. Along with the Bukit Panjang LRT system upgrade, Bombardier will support a ten-year maintenance and spare part supply agreement to provide reliable services, ensuring that the authority and operator gain the maximum value from their assets over the lifetime of their system with proven competence. The renewed APM system will continue to set the high urban mobility standards for the Bukit Panjang LRT line and globally in the frame of Bombardier’s urban transit innovation.
Singapore LTA’s target is to expand its urban rail network to 360km by 2030, which creates demand and opportunities for rail manufacturers while driving innovation towards Singapore’s Smart Nation vision. Bombardier’s full spectrum of rail solutions, combining technology and performance with empathy, from driverless metros to automated people mover, helps deliver sustainable mobility and reduces energy consumption to create substantial benefits for operators, commuters and the environment.
Investing in Singapore for the last twenty years, Bombardier has delivered 276 driverless BOMBARDIERMOVIA metro cars for Singapore’s Downtown Mass Rapid Transit (MRT) line and 32 INNOVIA APM 100 cars for the Bukit Panjang LRT system. In 2018, two asset replacement contracts were awarded to supply 19 new INNOVIAAPM 300 cars for the Bukit Panjang LRT line and 396 MOVIA metro cars for the two high-capacity North-South and East-West MRT lines. Bombardier is committed to designing better trains, customizing solutions and creating better ways to move residents across Singapore, making sure Bombardier’s mobility solution works for the community and providing for the future.
Australia’s biggest public transport project
22 November 2019 – The Northwest Rapid Transit Consortium (NRT) has reached contractual close for the extension to the existing NRT Public Private Partnership (PPP) contract on Sydney Metro.
The contract, which was awarded in 2014, has been extended to deliver a seamless customer experience on the new metro, with NRT to operate and maintain the full metro line from Rouse Hill to Bankstown – in total 66 kilometres of rail and 31 metro stations by 2024.
Alstom has signed a contract with NRT to supply the rolling stock and signalling system for the next stage of Sydney Metro, Sydney Metro City and Southwest. The project is an extension of the Metro North West Line, which successfully opened to customers in May 2019.
Under the contract, valued at approx. €350 million, Alstom will be responsible for the project management, design, supply, manufacturing, testing and commissioning of 23 six-car fully-automated Metropolis trains and the Urbalis 400 Communication Based Train Control (CBTC) signalling system. The trains will be manufactured in Alstom’s manufacturing centre in Sri City, India which successfully delivered 22 Metropolis trains for the Metro North West Line. The contract also includes an option to purchase further trains if required.
“Sydney Metro has been a game changer for the travelling public of Sydney and Alstom is delighted to continue to be a part of this iconic project. It strengthens Alstom’s position as the market leader for the supply of railway technologies in Australia.” said Ling Fang, Senior Vice President of Alstom Asia-Pacific.
As an extension of the existing Metro North West Line, the NRT PPP will provide a fully integrated turn-up and go service along a dedicated 66-kilometre metro network with a total of 31 stations from Rouse Hill through the City and to Bankstown. The Metro North West Line operator, Metro Trains Sydney, will be responsible for the operations and maintenance of the entire line.
The City and Southwest extension includes a 15km greenfield line with seven new stations plus the conversion of the existing suburban rail line to metro rail standards, covering a further 13km of track and 11 existing stations. The project also includes expansion of the current Sydney Metro Trains Facility at Rouse Hill and a new trains facility at Sydenham. Construction of the new line is currently underway with revenue service expected to start in 2024.
The Metropolis trains and digital signalling systems for the City & Southwest project will include the same design and features as the North West Line, designed to meet the specific needs of Sydney. According to the specifications, the new trains will meet strict sustainability criteria; a robust lightweight structure, low energy consumption, high levels of recoverability and recyclability, technical reliability and ease of maintenance. The trains will also be equipped with remote sensors for optimal maintenance planning.
Alstom has put sustainability and the passenger at the heart of its design process. The trains for Sydney will be built with the safety and comfort of passengers in mind, offering accessibility, wide doors and spaces to facilitate passenger flow, acoustic comfort, vibration mitigation and passenger information in real time.
Alstom’s metro trains are a world-leading, proven, safe and reliable train that serve many of the world’s great cities, including Paris, London, Amsterdam, Barcelona and Singapore. Alstom has more than 65 years’ experience in the production of metros, having sold over 17,000 metro cars that operate in 55 cities around the world and carry 30 million passengers every day.
Oct 31 (Reuters) – VietJet Aviation has ordered 20 Airbus long-range A321XLR aircraft that the budget carrier hopes will support its international expansion as Vietnam’s aviation market heats up.
VietJet expects the first aircraft to be delivered in 2023, it said in a statement on Thursday, adding that it will be the “first carrier in the world” to operate the new long-range version of the single-aisle A320neo family jets.
Industry sources said VietJet would be among the first to put the XLR into service.
Vietnam’s largest conglomerate in August applied to launch an airline next year, intensifying competition in one of the fastest-growing aviation markets.
The sector includes Vietnam Airlines, Jetstar Pacific Airlines and Vietnam Air Services Co.
The airline also signed a separate agreement in Toulouse, France, for two A320/A321 aircraft simulators.
VietJet’s order book for Airbus aircraft now totals 186, the airline said.
In September, Reuters reported that Airbus sold 15 A321XLR jets to VietJet.
Airbus on Thursday confirmed that VietJet had placed a new order for 15 XLR and said another 5 would be converted to the new jet from the A321neo model.
VietJet CEO Nguyen Thi Phuong Thao said Thursday’s order will “modernise VietJet’s fleet as we look to strongly grow our international flight network.”
The airline currently flies to destinations including Japan, Hong Kong, Singapore, China and India.
(Reporting by Nikhil Kurian Nainan in Bengaluru; Additional reporting by Tim Hepher; Editing by Jason Neely and Dan Grebler)
Vistara, India’s full-service carrier and a joint venture of Tata Sons and Singapore Airlines, has signed a long-term contract to partner with Airbus for their Flight Hour Services – Tailored Support Package (FHS-TSP). The contract will cover engineering and maintenance for 62 aircraft, including 23 existing ones.
The FHS-TSP contract provides integrated and guaranteed services ranging from the supply and repair of components to the manufacturer’s unique Fleet Technical Management service. An on-site Airbus team will support the daily maintenance activities, including spares, warehousing and engineering to ensure the highest standards of aircraft technical dispatch and operations.
Under the agreement, Airbus will offer its expertise in the areas of maintenance, engineering, reliability and supply chain management. Airbus will ensure a) timely availability of spare parts b) maintenance planning c) compliance with airworthiness advisories as well as technical records on all aircraft.
“We are delighted to announce the partnership with Airbus to avail the advantages of their TSP programme. Vistara is committed to the highest standards of operational efficiency and innovation and the adoption of this service is part of our continual efforts to maximise customer satisfaction,” said Sisira Kanta Dash, Senior Vice President – Engineering, Vistara.
“Airbus Services’ combined aircraft engineering capabilities, expertise in maintenance operations and data analytics know-how will help Vistara to increase its competitiveness and secure its operations. This contract also reaffirms our commitment to expanding and deepening our Airbus Services footprint in India,” said Rémi Maillard, Head of Airbus Services.
Airbus provides a host of material and maintenance services, which go from initial provisioning and on-request solutions by Satair, Airbus’ 100% subsidiary, to ‘all-in-one’ solutions with material management, maintenance operations and engineering solutions through FHS-TSP. Leveraging Skywise’s digital platform capabilities, the latest applications optimizing aircraft availability include real- time health monitoring and predictive maintenance.
Under a final decision announced by the U.S. Department of Transporation today, Delta will become the largest U.S. carrier serving Haneda, with seven daily flights between Haneda and Seattle, Detroit, Atlanta, Honolulu, Minneapolis, Los Angeles and Portland, Ore. With this change, Delta will transfer its full operation of U.S.-Tokyo services from Narita to Haneda, the city’s closest and most convenient airport, beginning in March 2020.
“We have proudly served Japan for more than 70 years and our commitment to our Tokyo legacy remains strong,” said Steve Sear, President – International and Executive Vice President – Global Sales. “This new service is a game-changer for Delta’s ability to offer competitive and comprehensive access to the city, which is one of the world’s most important business markets. It’s a win for our customers, giving them much quicker access to the city center, and it complements our overall strategy of growth across the Pacific.”
As part of its long-term Asia-Pacific network strategy, Delta will also adjust its network of flights beyond Narita. Effective March 2020, the carrier will suspend its NRT-MNL service and launch new daily ICN-MNL service operated by Delta. Serving Manila through Seoul will offer our customers superior connectivity via our industry-leading trans-Pacific hub in Seoul with our JV partner Korean Air.
While Delta will suspend Narita-Singapore service beginning Sept. 22, 2019, Delta customers can continue to reach Singapore – and more than 80 other destinations throughout Asia – through Seoul-Incheon via the airline’s partnership with Korean Air.
These moves are contingent upon securing viable operational slots.
Featuring state-of-the-art widebody aircraft and award-winning reliability, product and service, delivered by Delta people
All Delta aircraft between the U.S. and Tokyo feature the carrier’s premium Delta One experience, which includes a dedicated in-cabin flight attendant; a 180-degree flat-bed seat with direct-aisle access; extra-wide inflight entertainment screens; and seasonally rotating, chef-designed Delta One menus with the option to pre-select first choice of entrée, paired with wines hand-selected by Master Sommelier Andrea Robinson.
Aircraft on flights between Haneda and Seattle, Detroit, Minneapolis/St. Paul, Los Angeles and Atlanta also feature Delta Premium Select, Delta’s newest cabin experience that brings the “premium” back to premium economy with more space including a wider seat with additional recline and leg rest; elevated service including pre-departure beverage service; and distinguished amenities including a wider in-flight entertainment screen.
In addition to Delta’s award-winning operational reliability and service, all cabins of service on flights between the Haneda and the U.S. will include complimentary meals, snacks and beverages, including meals for all customers created in partnership with Michelin consulting chef Norio Ueno. This November, Delta is launching a first-of-its-kind bistro-style international Main Cabin experience featuring welcome cocktails, hot-towel service and mix-and-match options for premium appetizers and larger entrees.
All seats on all flights from the U.S. to Tokyo-Haneda will offer personal entertainment systems with free entertainment, free mobile messaging, high-capacity overhead bins, Wi-Fi, upgraded amenity kits and more. More international onboard enhancements are coming soon, like refreshed ear buds and headsets, to further demonstrate the airline’s commitment to creating a best-in-class experience all customers can look forward to.
SINGAPORE (Reuters) – Aircraft lessor BOC Aviation Ltd said on Tuesday it expected up to 30 Boeing Co <BA> and Airbus SE <EADSY> jets that had been scheduled to arrive this year could be delayed, primarily due to the Boeing 737 MAX grounding.
BOC said 18 jets that had been due in the first half had been delayed, including 12 A320neo’s due primarily to industrial constraints and 6 737 MAX’s as a result of the grounding.
For the full year, up to 7 A320neo’s and 23 737 MAX’s could be delayed, including three for which an airline customer has the right to acquire upon delivery, Asia’s second-biggest aircraft lessor said in a statement.
BOC said it was working with Boeing on a revised delivery timeframe.
Boeing last week estimated a return to service for the jet would begin early in the fourth quarter, but it did not rule out further reducing or temporarily shutting down production of the plane if that forecast needed to be revised.
U.S. carrier Southwest Airlines Co <LUV> last week removed the 737 MAX from its schedules until Jan. 5, 2020, saying it would need one to two months following regulatory approval to train pilots and prepare the jets for fresh commercial service.
(Reporting by Jamie Freed; Editing by Stephen Coates)
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