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Air Lease Corporation Delivers New Airbus A321-200neo Aircraft to Air Macau

LOS ANGELES, December 12, 2019 – Today Air Lease Corporation (“ALC”) (NYSE: AL) announced the delivery of one new Airbus A321-200neo aircraft on long-term lease to Air Macau.  This aircraft, featuring Pratt & Whitney PW1133G engines, is the first of two A321-200neo aircraft confirmed to deliver to the airline from ALC’s order book with Airbus and the first A321-200neo to deliver to the airline. 

“We are pleased to announce this first of two A321-200neo aircraft delivery to Air Macau today and be the first to introduce the A321neo to the airline,” said Jie Chen, Executive Vice President and Managing Director, Asia – President, Air Lease Corporation Hong Kong Limited.  “The ALC team has a long history of working with Air Macau and we are thrilled to continue to build our strong relationship with the airline by providing the most modern, fuel-efficient aircraft.”

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates.  Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law.  Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

New Flights from Austin to Boston and San Jose Start this Spring

Airline also adds service for special events next year

FORT WORTH, Texas — American Airlines is giving customers a treat this holiday season with the announcement of two new routes from the vibrant and eclectic city of Austin, Texas (AUS), to the capital of Silicon Valley, San Jose, California (SJC), and to the historical city of Boston (BOS). These new routes will operate twice daily beginning in April. 

The airline is also introducing unique service in support of special events like golf tournaments in Augusta, Georgia (AGS), music festivals in Palm Springs, California (PSP), and the annual visit to one of the nation’s biggest shareholder meetings with increased service to Omaha, Nebraska (OMA). Austin flights will be available for purchase starting Dec. 16 and special events flights will be available for purchase starting Dec. 22.

New Austin flights takeoff in April

American’s newest service is in response to strong demand from customers who need to travel between one of the nation’s largest tech cities, Austin, to the tech centers in San Jose and Boston.

“Our customers have expressed the desire for more routes between major tech cities, and we’re pleased to respond to their needs by helping them reach these important destinations with ease,” said Alison Taylor, Senior Vice President of Global Sales and Distribution. “These new routes reflect our commitment to partnering with customers to seamlessly support their travel needs.” 

Flights will operate twice daily, Monday through Friday, on a Boeing 737-800, year-round. The aircraft features high-speed Wi-Fi, access to power at every seat and 16 first class seats, providing additional comfort while commuting. With convenient flight times, customers flying the new service can get to meetings early and get back home in time for dinner. The airline has also recently renovated the Admirals Club to relax before flights, and, by the end of the year, American will have five contiguous gates at AUS.

“We added these routes with our customers top of mind to bring them closer to the places they value the most when conducting business,” said Vasu Raja, Senior Vice President of Network Strategy. “While it’s not our traditional hub and spoke routing, we understand the importance of travel for the tech community and look forward to offering these new flights to our loyal customers.”

And, for a quick weekend beach escape from the capital of Texas, American will also introduce the only service from AUS to Los Cabos, Mexico (SJD) on Saturday and Sunday, starting May 9.

Special flights for special events

In addition to the yearly increase in service for special events, American is also adding more unique flights that will make it easier than ever to attend must-see special events such as sports tournaments, concerts and meetings. American is adding direct service from Los Angeles (LAX) to PSP in April, for a faster way to get to one of the biggest music festivals of the year. The airline is also adding new service to AGS from BOS on an Embraer E175, and upgauging existing service from Chicago (ORD) to Augusta on a 737-800 to help customers who want a front row seat to golf’s biggest championship tournament. And in May, American will have the most seats to Louisville, Kentucky (SDF), for one of the most unique sporting events under the Twin Spires at Churchill Downs, from BOS, CLT, DCA, DFW, LAX, LGA, MIA, ORD and PHL. American also has customers covered who care more about investing with the only service from BOS to OMA, as well as new flights from New York City (LGA) and Ronald Reagan Washington National Airport (DCA) to OMA on an E175 on May 1.

“It’s important to spend time and resources on memorable experiences, and we want to make sure our customers have options when it comes to the most important events around the country throughout the year,” Raja said. “We’re adding more seats, introducing new routes and making sure that our customers are taken care of throughout their travel journey.”

Flight times are subject to change.

Tesla Unveils Electric Pickup Truck with Futuristic Design

Screen Shot 2019-11-21 at 10.43.55 PM

Click to make your fully refundable $100 Tesla deposit

  •  Starting price of $39,900
  •  Most expensive version offers a range of more than 500 miles
  •  Production expected to begin in late 2021 (Recasts and writes through)

Nov 21 (Reuters) – Tesla Inc on Thursday unveiled its first electric pickup truck that looked like a futuristic angular armored vehicle in gunmetal gray, as the California company took aim at the heart of Detroit automakers’ profits.

At a launch event in Los Angeles, Tesla Chief Executive Elon Musk said the Cybertruck will have a starting price of $39,900 and production is expected to begin in late 2021.

Other versions will be priced at $49,900 and $69,900 with the most expensive offering a range of more than 500 miles.

“We need sustainable energy now. If we don’t have a pickup truck, we can’t solve it. The top 3 selling vehicles in America are pickup trucks. To solve sustainable energy, we have to have a pickup truck,” he said.

The truck, which Musk claimed “won’t scratch and dent”, was described as having windows made from armored glass. But the glass cracked like a spider web when hit with a metal ball during a demonstration. Musk appeared surprised but noted that the glass had not completely broken.

Reactions on Twitter ranged from love to hate of the sharply angled vehicle. “I just watched tesla release the #cybertruck and honestly? My life feels complete,” wrote @aidan_tenud, while @nateallensnyde wrote “Its nice to see Elon Musk make a cardboard box car he drew in kindergarten,”.

Musk earlier tweeted the design was partly influenced by the Lotus Esprit sportscar that doubled as a submarine in the 1970s 007 film “The Spy Who Loved Me”.

The truck marks the first foray by Tesla, whose Model 3 sedan is the world’s top-selling battery electric car, into pickup trucks, a market dominated by Ford Motor Co’s F-150, along with models by General Motors Co, and Fiat Chrysler Automobiles NV .

The pickup shifts Tesla more toward trucks and SUVs. The automaker has so far sold mostly Model S and Model 3 sedans, but also offers the Model X SUV and starting next year the Model Y compact SUV.

A focus on the high-performance end of the market is only natural given the success of Ford’s 450-horsepower F-150 Raptor truck, which launched in 2009 and whose sales have since risen annually, according to Ford spokesman Mike Levine.

While Ford does not disclose Raptor sales, Levine said annual demand is well above 19,000 vehicles and the No. 2 U.S. automaker has never had to offer incentives on the model, which costs in the high $60,000 range. Ford also offers the more expensive F-150 Limited, its most powerful and luxurious pickup.

Ford and GM are also gearing up to challenge Tesla more directly with new offerings like the Ford Mustang Mach E electric SUV as well as electric pickups.

Electric pickups and SUVs could help Ford and GM generate the significant EV sales they will need to meet tougher emission standards and EV mandates in California and other states.

The Trump administration is moving to roll back those standards, but electric trucks are a hedge if California prevails.

Demand for full-size electric pickup trucks in the near term may not be huge, however.

Industry tracking firm IHS Markit estimates the electric truck segment – both full- and mid-sized models – will account for about 75,000 sales in 2026, compared with an expected 3 million light trucks overall. The Tesla truck is not part of that estimate.

Ford aims to sell an electric F-series in late 2021, sources familiar with the plans said. It also will offer the Mach E next year as part of its plan to invest $11.5 billion by 2022 to electrify its vehicles.

In April, Ford invested $500 million in startup Rivian, which plans to build its own electric pickup beginning in fall 2020.

GM plans to build a family of premium electric pickup trucks and SUVs, with the first pickup due to go on sale in the fall of 2021. It plans to invest $8 billion by 2023 to develop electric and self-driving vehicles.

(Reporting by Naomi Tajitsu in Tokyo and Peter Henderson in San Francisco; Additional reporting by Miyoung Kim in Singapore and Joseph White in Detroit; Editing by Edwina Gibbs)

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Air Lease Corporation Initiates Portfolio Sale of 19 Aircraft to Thunderbolt III Aircraft Lease Limited

LOS ANGELES, November 11, 2019 – Air Lease Corporation (the “Company” or “ALC”) announced today that the Company initiated the sale of a portfolio of 19 aircraft to Thunderbolt III Aircraft Lease Limited (“Thunderbolt III”), a newly formed entity, and Thunderbolt III has now completed its equity and debt financing transactions.  The aircraft comprise a mix of narrowbody and widebody jet aircraft that, as of August 31, 2019, had a weighted average age of 9.7 years and were leased to 18 lessees based in 15 countries.  ALC and its Irish affiliate, ALC Aircraft Limited, will act as servicers with respect to the aircraft and ALC will act as portfolio manager.  ALC estimates that the process of transfer and sale of the majority of aircraft will occur progressively during Q4 2019 and Q1 2020.

The Thunderbolt III structure included two series of Fixed Rate Notes and Equity Certificates. Approximately 15.6865% of the Equity Certificates were purchased by the anchor investor which is an investment vehicle managed by ITE Management L.P. and approximately 5% of the Equity Certificates were purchased by ALC.

Proceeds from the issuance of the Notes and the Equity Certificates will be used to acquire the aircraft, fund certain accounts for the Notes and pay certain expenses.

“We are pleased to announce the closing of Thunderbolt III. This transaction allows ALC to efficiently sell 19 aircraft while retaining the customer relationships through our continued management of these aircraft.  I would like to thank our team and the Thunderbolt III investors for making this a successful transaction,” said Gregory B. Willis, Executive Vice President and Chief Financial Officer of ALC.

Mizuho Securities acted as Global Coordinator, Mizuho Securities, BofA Securities and Goldman Sachs & Co. LLC acted as Joint Lead Structuring Agents and Joint Lead Bookrunners, Wells Fargo Securities acted as Joint Lead Bookrunner, and BNP PARIBAS, Citigroup, J.P. Morgan, MUFG, RBC Capital Markets, SOCIETE GENERALE and SunTrust Robinson Humphrey acted as Passive Bookrunners (for the Notes) and Co-Managers (for the Equity Certificates).

Hughes Hubbard & Reed LLP acted as U.S. counsel to ALC and the Issuers, and Milbank LLP acted as U.S. counsel to the Global Coordinator, the Joint Lead Structuring Agents and the Joint Lead Bookrunners.  EY acted as U.S. and Irish tax advisors. Walkers acted as Cayman Islands counsel and A&L Goodbody acted as Irish counsel.  Vedder Price P.C. acted as counsel for ITE.

Canyon Financial Services Limited will act as the managing agent for the Issuers.  Citibank, N.A. will act as trustee, security trustee, paying agent and operating bank.  Wells Fargo Bank, N.A. will also act as the liquidity facility provider.  DealVector, Inc. will provide certain investor services for the holders of the Notes and Equity Certificates.

Allegiant Announces Aircraft Base in Des Moines, Bringing New Jobs and Growth Opportunities

DES MOINES, Iowa, Nov. 8, 2019 /PRNewswire/ — State and local officials joined executives from Allegiant Travel Company (NASDAQ: ALGT) today as the company announced plans to establish a two-aircraft base at Des Moines International Airport (DSM).  The announcement heralds the leisure airline’s 20th base of operations, a $50 million investment which will locate two Airbus A320 aircraft in Des Moines, bringing at least 66 new, high-wage jobs to the community.  The Las Vegas-based carrier will begin base operations at DSM on May 14, 2020.

“For Allegiant to select Des Moines International Airport as a base of operations is a historic day for Des Moines, our airport and the two-and-a-half million passengers who fly through our City each year,” said Des Moines Mayor Frank Cownie. “The financial investment and well-paying jobs this brings to our community is significant and most appreciated. And to those flight crews and ground personnel who will be our new neighbors, we say thank you for flying Allegiant and welcome to Des Moines.” 

Iowa’s capital city and the Greater Des Moines region are the core of one of the fastest growing areas in the Midwest. Home to more than 791,000 residents, the region is known for iconic festivals and events, sports and outdoor recreation opportunities, as well as a burgeoning business environment.   In recent years, Des Moines has been named among the nation’s top places to live (US News & World Report, 2018) and top locations for business and careers. (Forbes, 2017) 

“In many ways, today’s announcement is the culmination of a more than 15-year relationship between Allegiant and Des Moines International Airport, where we’ve steadily grown our operation to meet increasing demand,” said Keith Hansen, Allegiant’s vice president of government affairs. “Having locally-based aircraft and crews will open up a wide range of options for new service and more flights throughout the day. We’re excited to bring more opportunities for affordable, convenient travel, and expand Allegiant’s presence as a hometown airline for Hawkeye state residents.”

Allegiant began service at DSM in 2003 and currently offers eight non-stop routes – to Orlando-Sanford, St. Pete-Clearwater, Punta Gorda, Destin-Fort Walton Beach and Sarasota, Florida; Phoenix-Mesa, Arizona; Los Angeles, California; and Las Vegas, Nevada.  Allegiant in 2018 carried more than 232,000 annual passengers through Des Moines, and is on track to eclipse that number in 2019. 

“The Des Moines International Airport continues to play a critical role in the economic vitality of the region with this announcement,” said Kevin Foley, Des Moines Airport Authority Executive Director.  “Iowans continue to prove travel is important to them and DSM is committed to growing air service in our market.  Through this partnership with Allegiant, not only will we be adding jobs in our community, we will be opening the door for new destinations and adventures.” 

Allegiant, which employs more than 4,300 team members across the U.S., plans to immediately begin hiring pilots, flight attendants, mechanics and ground personnel to support the operations. The majority of the new positions are expected to offer salaries that are more than double the state’s average wage. Interested applicants may apply online.

“Allegiant’s investment in Greater Des Moines will significantly contribute to the vibrancy of our rapidly growing regional economy,” said Jay Byers, CEO of the Greater Des Moines Partnership. “The continued advancement of the Des Moines International Airport is one of our strategic priorities, and this expansion project will position DSM for multiple new destinations.”

Amazon’s Rising Air Shipments Fly in the Face of Climate Plan

LOS ANGELES (Reuters) – Amazon.com Inc <AMZN> Chief Executive Jeff Bezos has plans to slash greenhouse gas emissions from the online retailer’s delivery operations.

Yet the company’s use of airplanes – the most climate-damaging mode of transportation – is on the rise, according to data provided to Reuters.

Amazon Air’s U.S. volume has risen steadily since its 2016 launch, according to an analysis of Department of Transportation data by Cargo Facts Consulting https://www.cargofactsconsulting.com, a Luxembourg-based advisory firm with a global staff and more than four decades of history.

It crunched data from Air Transport Services Group Inc <ATSG> and Atlas Air Worldwide Holdings <AAWW>. Both supply planes and pilots for Amazon Air.

In July, Amazon Air flew 136 million lbs of goods in the United States, according to the data. That was up 29% from the year earlier and just 9 million lbs short of December 2018, when the peak holiday shipping season was in full swing.

For a graphic on more Amazon Air flights, click the link below:

https://fingfx.thomsonreuters.com/gfx/editorcharts/AMAZON-AIRPLANES/0H001QXH999X/eikon.png

Bezos has said Amazon will cut its use of airplanes as it builds more local warehouses and fills them with goods that it can deliver to customer doorsteps in one day, or even one hour.

But for the time being, Amazon’s air shipments are climbing as it speeds up deliveries to lure customers and pressure rivals like Walmart Inc <WMT> and Target Corp <TGT>.

In April, Amazon started offering no-minimum purchase, one-day free shipping to members of its Prime subscription service.

In the latest quarter, it saw delivery costs soar, and warned the holiday quarter would see costs for one-day shipping alone spike to $1.5 billion.    

The Seattle e-retailer, which sends 10 billion packages a year, declined to say what percentage of its shipments travel by plane or give specific examples of how the latest drive to shave time off its standard two-day shipping affected air transport.

Last month, Amazon said its CO2 emissions in 2018 were 44.4 million metric tons and set a goal to be net carbon neutral by 2040.

“We expect the percent of total shipments to customers utilizing air transportation to reduce from year to year as we significantly increase one and same day shipments,” Amazon spokesman Sam Kennedy said, when asked about Cargo Facts’ data.

DELIVERY WARS

A standard package flown on a plane in the United States creates an estimated 6-10 times more CO2 emissions than one traveling by truck, said Jacques Leonardi, a senior research fellow in freight, logistics and sustainable distribution at the University of Westminster in London.

Amazon Air leases 47 planes and is expected have 50 by the end of the year. It operates roughly 110 daily flights in the United States and around 20 per day in Europe, according to Cargo Facts.

In June, shortly after FedEx Corp <FDX> said its planes would stop shuttling packages for the online retailer, Amazon Air announced plans to have 70 planes on lease by 2021.

But Amazon says it is getting closer to customers with an expanding network of well-stocked warehouses. Those local fulfillment centers underpin the company’s one-day and same-day delivery services.

In a news release issued Monday, Amazon said those options were “better for the planet” because there aren’t many miles in the trip to customer doorsteps.

Because those time windows are so tight, “you are eliminating the possibility of air transportation,” Amazon’s Bezos said in September. “Even though it’s counterintuitive, the fact of the matter is that shorter delivery times end up being less carbon-intensive than longer delivery times.”

Products from most of Amazon’s 158 U.S. distribution centers can be shipped to 65% of the population in one day, said Marc Wulfraat, president of supply chain consultancy MWPVL International.

Items like footwear, jewelry, auto parts and niche electronics come from 23 distribution centers that span the country – and will likely need to be moved by air for next-day delivery, Wulfraat said.

Amazon also depends on United Parcel Service Inc <UPS> for air shipments. The Atlanta-based delivery company has seen a bump in that business since Amazon began expanding free one-day delivery this spring, UPS executives and analysts said.

Domestic next day air volume at UPS surged more than 30% in the second quarter and was up nearly 24% in the third quarter – fueled by faster e-commerce shipping speeds and rival FedEx’s breakup with Amazon this summer.

“It’s not all from FedEx,” said Satish Jindel, the founder of logistics advisory firm ShipMatrix, noting that express and deferred air services revenue at UPS surged $852 million in the second and third quarters.

Amazon’s business was worth about $900 million to FedEx prior to their split, Jindel said. Express, which includes air shipments, accounted for roughly $540 million of that, he said.

(Reporting by Lisa Baertlein in Los Angeles; Editing by Mark Potter)

Union Pacific Reports Positive Train Control Progress

Union Pacific 4014 “Big Boy” steam locomotive visits Tucson, Arizona on October 18,2019

Union Pacific implemented Positive Train Control (PTC) on 1,113 route miles in the third quarter of 2019, bringing required PTC-operated route miles to 15,791 or 93 percent, including all required passenger train routes. Nearly all Union Pacific trains operating on PTC-mandated rail lines are operating with PTC locomotives. The company expects to have implemented PTC on all required lines by end of 2019, a year before the Congressional deadline. Its interoperability efforts with other railroads will continue through 2020.

Union Pacific currently hosts 31 freight and passenger railroads, which must achieve PTC interoperability by December 2020. Eleven of these railroads are already compliant, encompassing 85% of Union Pacific’s interoperable PTC train miles. While Union Pacific’s infrastructure is PTC-ready, it is working to be PTC-interoperable with the remaining partner railroads. The company’s expectation is that they will take necessary steps to reach interoperability on our network by mid-2020.

One of the most challenging parts of PTC implementation is ensuring system interoperability among all U.S. rail lines and locomotives. Given the various readiness levels of North American freight and passenger railroads, including publicly funded commuter lines and short lines, it is important that all railroads continue working together to maintain the health, safety, resiliency, and fluidity of the rail network during PTC implementation.

Union Pacific completed PTC installation on required route miles and employee training. PTC education is ongoing as Union Pacific retrains employees and introduces the system to new employees. Training materials are tailored to a variety of employee roles, including engineer, conductor, dispatcher, maintenance of way/engineering, mechanical, signal, telecom and information technologies.

With the FRA’s conditional approval of Union Pacific’s PTC safety plan on April 26, 2017, Union Pacific is running PTC operations on more than 15,000 miles in Arizona, Arkansas, California, Colorado, Idaho, Illinois, Iowa, Kansas, Louisiana, Minnesota, Missouri, Nebraska, Nevada, New Mexico, Oklahoma, Oregon, Tennessee, Texas, Utah, Washington, Wisconsin and Wyoming. Union Pacific and freight and passenger railroads continue working together to safely implement PTC on the remaining 1,271 required route miles.

Air Lease Corporation Announces Lease Placement of Six New Airbus A321neo Aircraft with China Airlines

LOS ANGELES, October 24, 2019 – Today Air Lease Corporation (“ALC”) (NYSE: AL) announced long-term lease agreements with China Airlines (Taiwan) for six new Airbus A321neo aircraft.  The aircraft will deliver to the airline beginning in 2021 through 2022 from ALC’s order book with Airbus. 

“We are honored to have been chosen by China Airlines to provide their first six new A321neos in their single-aisle fleet transformation,” said John L. Plueger, Chief Executive Officer and President of Air Lease Corporation.  “The A321neo will provide significantly expanded capabilities which will benefit China Airlines and its passengers far into the future.”

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates.  Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law.  Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

About Air Lease Corporation (NYSE: AL)

ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.  ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions.  ALC routinely posts information that may be important to investors in the “Investors” section of ALC’s website at www.airleasecorp.com. Investors and potential investors are encouraged to consult the ALC website regularly for important information about ALC. The information contained on, or that may be accessed through, ALC’s website is not incorporated by reference into, and is not a part of, this press release.

About China Airlines

Founded in 1959, China Airlines employs more than 12,000 people worldwide and operates a fleet of 111 aircraft, making it the largest airline by size and frequency of service in Taiwan. China Airlines is also one of the 19 SkyTeam Alliance member airlines. China Airlines offers passengers access to an extensive global network of more than 14,500 daily flights to 1,150 destinations in 175 countries. China Airlines is continuing to promote superior aviation safety as well as eco-friendly, innovative and attentive services that provide travelers with the perfect travel experience. Recent major international and domestic awards received by China Airlines include: 7/7 Safety Rating from AirlineRatings in Australia, the Taiwanese civil aviation industry’s top “Golden Flyer Award,” “Best of the Best” Red Dot Award, iF Design Award, Good Design Award from Japan, “Best Airline of the Year,” “Best Airline in North Asia,” “Best Business Class Seat Design” and “Best Premium Economy” from the U.S.-based Global Traveler, “Top 10 Premium Business Class” and “Top 10 Economy Class” from the DesignAir, PAX International reader survey’s winner in the “Outstanding Food Service by a Carrier – Asia” category, and the APEX Award for Publication Excellence for the inflight magazine “Dynasty.”

Amtrak Pacific Surfliner Introduces 13th Daily Roundtrip

New service increases flexibility for customers traveling between Los Angeles and San Diego

ORANGE, Calif. – Oct. 10, 2019 – The Amtrak® Pacific Surfliner® will soon offer an additional train in each direction between Los Angeles and San Diego, giving customers expanded options for travel along the southern California coast. Tickets can now be purchased for travel beginning October 14.

A schedule change, effective Monday, October 14, features the addition of a 13th Pacific Surfliner roundtrip between Los Angeles and San Diego. The new southbound Train 578 will depart Los Angeles at 1:15 p.m., arriving in San Diego at 4:12 p.m. Existing northbound Train 591 will be renumbered to Train 593. New Train 591 will depart San Diego at 5:25 p.m. and arrive in Los Angeles at 8:34 p.m. 

“Each of the new trains will fill a nearly three-hour gap in our existing schedule, providing expanded possibilities for business and leisure travel between Los Angeles and San Diego,” said Al Murray, chairman of the Los Angeles–San Diego–San Luis Obispo Rail Corridor Agency, which oversees the Pacific Surfliner service. “We appreciate the support of the state of California, Amtrak, BNSF Railway, and our local member agencies in launching these additional trains, which mark the first expansion of Pacific Surfliner service in the past three years.”

The Pacific Surfliner travels along a 351-mile route through San Diego, Orange, Los Angeles, Ventura, Santa Barbara, and San Luis Obispo counties, with portions of the route hugging the Southern California coastline. As part of the new schedule, minor changes are also being made to arrival and departure times of other Pacific Surfliner trains to improve reliability and coordination with other trains.

“This service expansion represents the initial benefit of a decades-long, multi-hundred million dollar capital investment by the state of California to add a third track and grade separations between Los Angeles and Fullerton, which will greatly expand capacity and reduce delays for passenger and freight trains on this busy rail corridor,” said Chad Edison, chief deputy secretary for rail and transit at the California State Transportation Agency.

“We look forward to adding additional passenger rail service in the near future, taking full advantage of the new frequencies enabled by the completion of this project.” 

With almost 3 million riders in 2018, the Pacific Surfliner is the busiest state-supported intercity passenger rail route in the United States and will now offer a total of 26 trains a day between Los Angeles and San Diego.

All Pacific Surfliner trains feature comfortable, reclining seats with power outlets, Wi-Fi, bike and luggage racks, a free and generous baggage policy, and an onboard Market Café that offers fresh food, snacks and beverages, including California wines, cocktails and local craft beer.  

“As the second busiest rail corridor in the United States, the Pacific Surfliner has generated significant demand for customers,” said Amtrak President and CEO Richard Anderson. “The LOSSAN Rail Corridor Agency alongside the state of California had a vision to expand transportation and we are thrilled to see that investment realized. With service that connects major cities along the Southern California Coast – this increased service offers a significant benefit to customers.”

Ticketing and reservations are available on PacificSurfliner.comAmtrak.com, Amtrak mobile apps, or by calling 800-USA-RAIL. Boarding documents can be self-printed, or customers using a smartphone or mobile device can present the eTicket to the conductor by opening a document in their email.

Photo courtesy of the LOSSAN Rail Corridor Agency

Hyatt and San Francisco International Airport Proudly Announce Opening of Grand Hyatt at SFO

SFO runway view from Grand Suite Parlor at newly open Grand Hyatt at SFO (Photo: Business Wire)

CHICAGO-(BUSINESS WIRE)-SFO’s only on-airport hotel brings elevated experiences to ‘The City by the Bay’

Hyatt Hotels Corporation (NYSE:H) and San Francisco International Airport(SFO) today announced the opening of Grand Hyatt at SFO, which is now accepting guests. As the only on-airport hotel at San Francisco International Airport, the $237 million luxury hotel sits on 4.2-acres and features 351 rooms including 22 suites, 14,435 square feet of well-appointed meeting and event space, two distinct culinary concepts, and an impressive art collection that was curated exclusively for the hotel by the San Francisco Arts Commission.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191007005684/en/

“We are thrilled to open the doors to Grand Hyatt at SFO and welcome our international guests, SFO visitors and local friends,” said Henning Nopper, general manager, Grand Hyatt at SFO. “The completion of this hotel, an iconic addition to our Grand Hyatt brand, is a culmination of many years of hard work and planning by Hyatt, San Francisco International Airport, the great City and County of San Francisco, San Francisco Arts Commission, and many more supporters.”

Directly connected to all airport terminals with its own dedicated, newly constructed AirTrain station, Grand Hyatt at SFO serves as a captivating destination within a destination and elevated respite for corporate business travelers as well as leisure guests to bypass the airport bustle. The highly anticipated debut also marks a key milestone in Hyatt’s west coast expansion plan to add 40 new hotels in California, Oregon and Washington by the end of 2021.

“With the opening of Grand Hyatt at SFO, we offer travelers a new benchmark in airport hospitality,” said Airport Director Ivar C. Satero. “The new hotel reflects our commitment to deliver a world-class experience for our guests, with seamless access via our AirTrain system, sustainable building design, thoughtful service and amenities, and inspiring works of public art. My thanks go out to Hyatt, the San Francisco Arts Commission, and our entire design-build team for making this day a reality.”

CONCEPT & DESIGN

The bold, vibrant design and architecture of Grand Hyatt at SFO is the vision of San Francisco-based architect Hornberger + Worstell and associate ED21, along with two internationally acclaimed interior design firms, BraytonHughes Design Studios and RoseBernard Studio. Guests step out of the hotel’s new AirTrain station, which features a dramatic kaleidoscopic stained-glass art installation, and after crossing an enclosed bridge, they enter the hotel’s stunning, light-filled lobby where they are greeted by expansive windows and views of SFO and hills beyond.

Click the link for the full story! https://finance.yahoo.com/news/hyatt-san-francisco-international-airport-162600569.html

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