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Los Angeles, California, September 18, 2023, Business Wire – Today Air Lease Corporation (NYSE: AL) announced a long-term lease placement for one Airbus A330-200 aircraft with HiSky. Scheduled to deliver to the European carrier in 2023, this A330-200 aircraft joins one A319-100, four A320-200s and two A321-200neo LR aircraft currently on lease to HiSky from ALC.

“We are pleased to continue our support of HiSky Europe with the lease of this first widebody aircraft to the airline,” said David Beker, Senior Vice President, Marketing and Head of Aircraft Sales & Trading at Air Lease Corporation. “After two and a half years of steady and successful growth with their all-ALC narrowbody fleet, HiSky came to us ready to launch widebody operations and ALC is delighted to provide high-quality aircraft that will enable the carrier to realize their commercial objectives.”

“Over the past two years, we’ve experienced consistent growth that has brought us to this pivotal moment—the moment when we are prepared to acquire our first widebody aircraft. We’ve now become the fourth-largest air carrier at Romania’s primary airport and the largest operator of Airbus aircraft registered in Romania. Our partnership with ALC has undeniably proven to be a successful one. The aircraft they have provided us have been instrumental in helping HiSky achieve record-breaking passenger levels during this summer season. Having accomplished all the goals we set for ourselves over the years, we’re profoundly grateful for the trust and support of our partners as we embark on this exciting new venture,” said Iulian Scorpan, CEO of HiSky.

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.

– Alstom project value: 70 million EUR

– Travel time reduced to one hour on Sighisoara-Brasov section thanks to modernised infrastructure

– Alstom working on 75% of the 450 km currently in rehabilitation on the Romanian section of the European rail corridor

Alstom will provide digital train control, traffic management and electrification infrastructure as part of the rehabilitation and modernisation of Lot 2 (Apata-Cata) on the Sighisoara-Brasov section of the European Rhine-Danube rail corridor in Romania. Alstom’s share of the contract amounts to approximately €70 million. The Asocierea RailWorks consortium, of which Alstom is part, has signed the contract, with the project execution expected to last four years.

This project completes the previous one for Lots 1 and 3 of the same section, which was awarded to Asocierea RailWorks in March 2020. In total, Alstom will provide signalling and electrification works on the double line covering the railway distance of 128 kilometres – totalling more than 250 kilometres of modernized railway infrastructure – between Sighisoara and Brasov, two important touristic destinations in Romania.

The new project, totalling 28 kilometres of double railway line, includes the optimisation of the existing route by building tunnels to reduce travel time, as well as the modernisation of most of the old line, for passenger trains operating at up to 160 km/h. Alstom is directly responsible for the traffic management system, digital interlocking and ERTMS Level 2 deployment (ETCS Level 2 + GSM-R telecommunications system), passenger information systems as well as catenary upgrades and electric traction substations.

The most complex part in this project is the construction of two double tunnels (four tunnels in total, two per each direction) totalling almost 13 kilometres of double lines. In these tunnels, Alstom is responsible for an electro-ventilation system to compensate the lack of natural ventilation, along with a fire-proof system to ensure full traffic safety.

As with Lots 1 and 3 of the Sighisoara-Brasov section, for the upgrade of the catenary systems, Alstom will supply its OCS3 catenary solution for main lines.

Trains have been running between Brașov and Sighișoara since 1873. After completed rehabilitation, the train journey should take under one hour for the fastest trains, compared to 160 to 250 minutes at present.

Alstom has been active in ongoing rehabilitation works on the Romanian part of the Rhine-Danube Corridor since 2012 and now has five ongoing and two completed signalling and infrastructure projects on this section, covering over 75% of the distance of the 450 km currently in rehabilitation on the Romanian section of the European corridor.

The pan-European Rhine-Danube Corridor links the cities of Nuremberg-Prague-Vienna-Budapest-Curtici-Simeria-Brasov-Bucharest-Constanta. Through the rehabilitation programmes currently in implementation on the sections located on the Northern branch of the Romanian part of this Corridor, the traffic speed will increase to 160 km/h for passenger trains and to 120 km/h for freight trains.

Alstom is a global pioneer in the development and implementation of on-board digital train control equipment. ATLAS 200 is the Alstom’s ERTMS level 2 solution allowing trains to increase speed in perfectly safe conditions.

Tag: Moldova

Air Lease Corporation announces Airbus A330-200 placement with HiSky

Alstom to Provide Digital Train Control, Traffic Management and Electrification Infrastructure for the Rhine-Danube Rail Corridor

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