Tag: possible

SBB and ÖBB Plan Further Expansion of Night Train Services

September 20, 2020 / WIL BALDWIN

SBB and ÖBB are stepping up their long-standing cooperation in international passenger services. The two railway companies are seeking to scale up the existing night train services from six to ten lines. Planning is underway for new night trains from Switzerland to Amsterdam, Rome and Barcelona. Last week, SBB and ÖBB signed a corresponding Letter of Intent. The planned expansion of services can only be guaranteed with financial support from the Swiss climate fund.

Demand for international night train services significantly increased in 2019 and at the start of 2020 until the coronavirus crisis struck. The number of passengers using night train services from Switzerland grew by over 25 per cent with respect to the previous year. The two partner railways consider this a sustainable trend given the significant rise in customer demand for environmentally friendly and resource-efficient travel. There is clear evidence to show that night trains have a positive effect on overall emissions, as they generate modal shift from other modes of transport to rail. ÖBB and SBB share the goal of shifting more travel to rail and thus contributing to a reduction in CO₂ emissions from the travel sector. This commitment reflects the aims of the Paris Agreement on climate change and the political and public will to develop an attractive night train network as an important component of environmentally friendly and sustainable mobility in Europe.

With its 19 Nightjet lines and eight further services provided in cooperation with partner railways, ÖBB already runs Europe’s largest night train network. This includes the network from Switzerland run in cooperation with SBB, comprising six lines and one additional service. SBB and ÖBB want to build on this success and expand night train services in Europe together. Over the last few months, the companies have thoroughly tested and evaluated various options for expanding the service. By cooperating, the railway companies will be able to make use of synergies in production and marketing of the service offer and save on costs. In the Letter of Intent signed last week, the two railway companies presented their strategy for expanding services as outlined in “2024 Nightjet Network for Switzerland”. The plans involve expanding the Nightjet network from Switzerland to incorporate a total of ten lines and 25 destinations.

Cornerstones of the expansion plan:

– From 2022 timetable onwards: new Nightjet connection to Amsterdam.
As a first step in the expansion process, the two railway companies want to launch a new daily Nightjet service running Zurich–Basel–Frankfurt–Cologne–Amsterdam in December 2021. However, the very limited availability of rolling stock suitable for night train services restricts short-term service expansion. SBB therefore intends to lease suitable rolling stock from German leasing company RDC Asset GmbH.

– Increasing capacity on services to Berlin, Hamburg and Prague and new connection to Leipzig and Dresden.
The services currently provided from Zurich via Basel to Berlin and Hamburg are increasingly popular. Capacity on this route will therefore be expanded significantly. SBB and ÖBB wish to serve both destinations with two separate trains covering the whole route, if possible from the 2023 timetable change. This will enable a significant capacity increase. They also plan to run the service to Prague via Germany as a portion of the Berlin Nightjet with sleeping cars and couchettes. The new route would also provide a direct connection to Leipzig and Dresden.

– Plans for new connections to Rome and Barcelona.
There are plans for a new line connecting Zurich via Bern, Brig, Domodossola to Rome. A daily connection from Zurich via Bern, Lausanne, Geneva to Barcelona is also planned. This would also integrate French-speaking Switzerland directly into the night train network. It is not yet clear whether it will be possible to run these two lines, as agreements with other partner railways are yet to be reached.

To ensure that night train services can be expanded in the medium to long term, ÖBB is also investing in new rolling stock. The new night train sets are to come into service gradually over a period of time.

SBB and ÖBB are campaigning for greater political support for night trains.

Alongside the planned service expansion, SBB, ÖBB and other partner railways are campaigning for transport policies which facilitate night train operations in Europe. In Switzerland, the total revision of the CO₂ Act after 2020 is being debated in the autumn session of the Federal Parliament. The Act provides for support for cross-border rail services from the climate fund. Last week, the Swiss Parliament voted in favour of supporting international passenger services, including night trains. While subject to a final vote and a possible referendum, financial support from the climate fund would compensate for the losses SBB would sustain given the high operating costs night train services involve.

ÖBB is the largest provider of night train services in Europe and has contributed significantly to maintaining night trains services from Switzerland in its existing partnership with SBB. Andreas Matthä, ÖBB CEO, said: “We have no doubts about the Nightjet’s success. With SBB as a committed and effective partner, we can continue to expand the Nightjet network even further. We are investing in new trains: 13 latest generation Nightjet sets will be in operation from the end of 2022. With additional services and modern rolling stock, taking the night train will become an even more attractive option.”

SBB CEO Vincent Ducrot has no doubt that demand for fast daytime services and night trains will continue to grow. “This is a sustainable trend and the demand for environmentally friendly and resource-efficient mobility will continue to increase.”

SBB and ÖBB consider night train services as an important element of the overall service offer and see great potential for creating synergies with daytime services. An attractive rail offer helps to achieve the goal of modal shift from short-haul flights to rail.

Tesla Negotiating for Possible Texas Vehicle Assembly Plant

June 15, 2020 / WIL BALDWIN

(Reuters) – Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on Monday.

Travis County Commissioners Court is scheduled to discuss terms of the deal on Tuesday, the paper reported, citing people with knowledge of the situation. A vote is expected in the coming weeks.

The paper said it was unclear whether negotiations with Travis County show that Tesla has picked the Austin region as the site for the plant, which would build the company’s electric pickup truck and Model Y SUV and employ thousands of people, or if the company is also negotiating with officials in Tulsa, Oklahoma.

Tesla officials could not immediately be reached to comment. The company’s chief executive, Elon Musk, has tweeted previously about the possibility of bringing a plant to Texas. Oklahoma also has been mentioned as a possible site.

Travis County officials declined to comment, and a spokesman for the Texas governor’s office did not immediately comment.

Last month, Texas Governor Greg Abbott said he had spoken with Musk about a potential plant.

Abbott’s comments came three days after Musk had threatened to move Tesla’s headquarters and future operations to Texas or Nevada after officials in California’s Alameda County, where Tesla’s only U.S. vehicle assembly plant is located, said the plant could not yet reopen because of coronavirus lockdown measures. The plant has since reopened.

Officials with the United Auto Workers union, which represents hourly workers at General Motors Co’s assembly plant in Arlington, Texas, said they believe a Tuesday county meeting will include talks about the possible deal. The union, which has unsuccessfully tried organizing Tesla’s Fremont, California, plant, called on Texas officials to obtain assurances from Tesla about any potential jobs.

(Reporting by Ben Klayman in Detroit and Brad Brooks in Austin, Texas; Editing by Leslie Adler and Jonathan Oatis)

Due to the COVID-19 Outbreak, Icelandair Posts Travel Update

March 17, 2020 / WIL BALDWIN

Due to the COVID-19 outbreak, many countries have implemented travel restrictions. Here we have collected information on various travel restrictions to destinations that we fly to. Please be advised that the following is subject to change on short notice. We will attempt to update you as promptly as possible.

If you do not have a flight in the next 72 hours we kindly ask you to consider contacting us in a few days. Due to high volumes for incoming calls and requests, we apologize for the delay in our responses. We will do our best to post any updates on our website and social media as soon as the latest information is available.

If you have a ticket with Icelandair and are affected by these restrictions, please read our FAQ.

You are able to change your ticket yourself here.

La Compagnie Takes Measures Due to Coronavirus COVID-19

March 16, 2020 / WIL BALDWIN

MEASURES TAKEN BY LA COMPAGNIE

Since the outbreak of the Coronavirus COVID-19, our teams have been doing everything possible to guarantee the safety and health of our passengers and cabin crew.

We regularly consult all relevant international authorities to make sure that we follow – and even surpass – their instructions on health precautions related to the effort to prevent the spread of the Coronavirus.

Aircraft cleaning procedures, which were already of the highest standard given our all-business class offer, have been reinforced to guarantee a safe and relaxing experience for our passengers. Our brand-new A321neo also features a state-of-the-art air circulation system that renews cabin air every 3 minutes.

COMMERCIAL POLICY

In light of President Trump’s recent restrictions on travel between Europe and the U.S., effective March 13^th at midnight for a period of 30 days, we have been forced to reassess our flight schedule for the upcoming months.

We must suspend all scheduled flights from March 18^th to April 12^th, 2020,resuming with one daily flight between Paris and New York from April 13^th once the restrictions are lifted.

The launch of the seasonal route from New York to Nice is pushed back to June 1^st, 2020.

In the unlikely event that your flight has been cancelled by La Compagnie in light of the Covid-19 situation, you will be notified directly via the contact details provided in your booking and will be offered solutions to modify, postpone or cancel your flights.

Any passengers with a flight scheduled between now and May 31^st, 2020 who would like to postpone their departure may do so, regardless of fare conditions and at no charge, or receive a non-refundable but transferrable voucher (valid for 12 months).

Brazilian Airline GOL Says Delta Air Exits Stake

December 11, 2019 / WIL BALDWIN

PRYCBK Delta airlines airplane preparing for landing in the blue sky at day time in international airport

Dec 11 (Reuters) – Brazil’s GOL Linhas Aereas Inteligentes SA said late Tuesday that Delta Air lines Inc has sold more than 32.9 million shares it held in the company, a few months after the Atlanta-based airline announced its decision to exit stake.

Delta’s decision to sell its stake was expected, following its acquisition of a 20% stake in GOL competitor LATAM Airlines Group SA for $1.9 billion in September.

Delta did not immediately respond to Reuters’ request for comment.

The deal with LATAM Airlines was Delta’s largest since it merged with Northwest Airlines a decade ago, and ended the Chilean carrier’s ties with American Airlines Group.

Delta’s deal with Latin America’s largest carrier would give it a bigger footprint in the region, where American Airlines has been leading the charts.

American Airlines confirmed in October it was negotiating a possible partnership with GOL, after a newspaper reported that the two companies were in contact the same day that Delta bought its stake in LATAM.

The structure or content of any potential partnership was unclear, Brazil’s Valor Economico said at the time.

(Reporting by Bhargav Acharya in Bengaluru, Editing by Sherry Jacob-Phillips)

Delta Might Pull Out of Alitalia Bid Consortium

November 3, 2019 / WIL BALDWIN

MILAN (Reuters) – Delta Air Lines <DAL> could pull out of a consortium looking to rescue Italy’s Alitalia as it is unwilling to enter a possible bidding war with Lufthansa <DLAKY>, newspaper Il Corriere della Sera reported on Sunday, citing two sources.

Delta is expected to say it will not raise its offer to invest about 100 million euros ($112 million) in Alitalia in a letter to be sent in the middle of this week to its consortium partners, Italy’s state railways firm Ferrovie and infrastructure group Atlantia, Il Corriere reported.

It said the rough investment figure could go as high as 120 million euros.

But Germany’s Lufthansa might invest about 150 million euros, Il Corriere said.

Lufthansa is seeking up to 6,000 job cuts, however, versus 2,500 envisaged by a plan drafted by the Delta consortium, the newspaper reported.

A source said last week Lufthansa was ready to invest up to 200 million euros in Alitalia which is running out of cash and scrambling to find new funds.

Italy’s industry ministry has extended to Nov. 21 a deadline for binding bids after an Oct. 15 deadline passed without an agreement among potential rescuers.

Alitalia’s temporary administrators said last month that the company’s liquidity amounted to 310 million euros at the end of September.

But that figure was inflated by advanced payments on pre-paid tickets, Sunday’s Il Sole 24Ore newspaper reported, citing unidentified sources.

The report added that adjusted for future costs, the cash amounted to just 160 million euros, and that it would run out in December.

($1 = 0.8957 euros)

(Reporting by Giulio Piovaccari; editing by Jason Neely)

Tesla Scouting Sites for Possible Factory in Germany

August 25, 2019 / WIL BALDWIN

FRANKFURT (Reuters) – Electric carmaker Tesla <TSLA> is scouting out locations for a possible factory in the German state of North Rhine-Westphalia (NRW), Germany’s most populous state, daily Rheinische Post reported on Sunday, citing people familiar with the matter.

First inspections have taken place, the paper said.

Tesla spokespeople in Europe were not immediately available for comment.

Tesla Chief Executive Elon Musk said in a tweet in April that the company was “considering” building a factory in Germany.

Last year, Musk said Germany was a leading choice in Europe to build a Gigafactory, adding “the German-French border makes sense, near the Benelux countries”.

NRW, Germany’s most populous state, shares borders with the Netherlands and Belgium.

Tesla is also looking at the German state of Lower Saxony, which shares a border with the Netherlands, its Economy Minister Bernd Althusmann said earlier this week.

(Reporting by Christoph Steitz; Editing by Frances Kerry)

Dozens of Airbus A380’s Face Urgent Checks

August 21, 2019 / WIL BALDWIN

LONDON, Aug 21 (Reuters) – Investigators probing an engine explosion on an Air France A380 in 2017 are studying a possible manufacturing flaw in a recently salvaged cracked part in a move likely to trigger urgent checks on dozens of Airbus superjumbos, people familiar with the matter said.

The focus of a two-year-old investigation into the mid-air explosion over Greenland, which left the plane carrying more than 500 passengers with the front of one engine missing, has switched to the recently recovered “fan hub,” the people said.

The titanium alloy part is the centrepiece of a 3-metre-wide fan on engines built for the world’s largest airliner by U.S.-based Engine Alliance, co-owned by General Electric and United Technologies unit Pratt & Whitney.

It had sat buried in Greenland’s ice sheet since September 2017 when one of four engines on Air France flight 66 abruptly disintegrated en route from Paris to Los Angeles. It was prised from the ice in June after a high-tech aerial radar search.

Confirming the focus of the probe after Reuters reported the plans for inspections, France’s BEA air accident agency said it had discovered a “sub-surface fatigue crack” on the recovered part and the engine maker was preparing checks.

The people familiar with the matter linked the crack to a suspected manufacturing flaw and said the checks – to be carried out urgently on engines that have conducted a certain number of flights – would affect dozens of the double-decker jets.

The people said the suspect part was fabricated on behalf of consortium member Pratt & Whitney, which declined to comment.

Engine Alliance is one of two engine suppliers for the Airbus A380 in competition with Britain’s Rolls-Royce.

Its engines power a total of 152 aircraft or just over 60 percent of the 237 A380s in service.

Besides Air France, other airlines operating the A380 with Engine Alliance powerplants include Dubai’s Emirates, Qatar Airways, Abu Dhabi-based Etihad and Korean Air.

The checks will involve taking some planes out of service outside their usual maintenance schedules, one source said.

Investigations are not complete and are likely to tackle other features such as the loads or physical forces at play. Experts say air accidents are rarely caused by isolated factors.

Europe’s Airbus declined to comment.

SIOUX CITY REMEMBERED

Nobody was hurt in the September 2017 incident, in which the Air France superjumbo diverted safely to Goose Bay in Canada.

Although rare, uncontained engine failures, in which shrapnel capable of puncturing the fuselage exits an engine at extremely high speeds, automatically raise alarm.

The checks come weeks after relatives marked 30 years since an engine failure left a United Airlines DC-10 with almost no control, culminating in the death of 111 out of the 296 people on board during an attempted landing at Sioux City, Iowa.

U.S. investigators cited a defective titanium alloy part and weak inspection procedures, although they also praised the “highly commendable” performance of the crew of flight 232.

The July 1989 crash sped up improvements in manufacturing methods for titanium alloy. Experts say hidden internal defects in such parts are unusual but remain difficult to detect.

Titanium alloy is used widely in aerospace, which is the metal’s biggest customer due to its strength compared to the weight of each part and its ability to handle high temperatures.

(Reporting by Tim Hepher; Editing by Sudip Kar-Gupta and Elaine Hardcastle)

Thomas Cook Enlists 3 Banks to Prepare Airline Sale

February 15, 2019 / WIL BALDWIN

LONDON, Feb 15 (Reuters) – Thomas Cook has enlisted Credit Suisse, Morgan Stanley and Bank of America Merrill Lynch to explore the possible sale of its airline business, a source familiar with the discussions said.

The holiday company this month said it was willing to sell its profitable airline business to fund its fightback from losses racked up in 2018.

Credit Suisse, Morgan Stanley and Bank of America Merrill Lynch declined to comment.

Thomas Cook’s airline, which fared much better last year than the tour operator business, consists of Germany’s Condor and British, Scandinavian and Spanish divisions.

A sale of the airline unit, in whole or in part, would enable the company to invest more in its own hotels, improve its digital sales offering and drive further cost savings.

One banker said the enterprise value of the airline would be around 500-600 million pounds, a little more than the current market value of the whole company.

He added that Lufthansa, Ryanair and easyJet were all vying for bits of the airline business, but that no one wanted the whole unit, and that Thomas Cook had an ageing fleet which would need a massive investment programme to replace it.

Ryanair’s marketing chief said on Thursday that the Irish airline was not interested in any large-scale acquisitions but could vie for airport slots should they become available.

(Reporting by Alistair Smout Additional reporting by Pamela Barbaglia and Clara Denina in London and Arno Schuetze and Ilona Wissenbach in Frankfurt; Editing by David Goodman and Kirsten Donovan)

Cornerstones of the expansion plan:

SBB and ÖBB are campaigning for greater political support for night trains.

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