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AirAsia X welcomes Australia and Kiwi guests on board

AUSTRALIA/NEW ZELAND, 11 September 2023 – Asia’s low fare leader for medium haul international air travel, AirAsia X Bhd (Kuala,Lumpur: AIRX), reaffirms its commitment to providing the very best in terms of safe, affordable and reliable air travel for its Australian and Kiwi guests.

Following the recent (finder.com.au) survey announced earlier this week – highlighting that more than a third of Australians or more than 7 million people, have chosen to fly with a low cost airline in the past 12 months, AAX continues to play its part to make flying affordable and convenient to access over 130 destinations across Asia.

AirAsia X (airline code D7) fares on sale now are listed below:

AAX Current Flight Schedule On Sale Now – to/from Australia & Nre Zealand

 

 

 

 

 

Union Pacific Corporation Announces 10% Dividend Increase for Fourth Quarter 2021

Union Pacific Corporation (NYSE: UNP) announced that its Board of Directors today voted to increase the quarterly dividend on the Company’s common shares by 10% to $1.18 per share. The dividend is payable December 30, 2021, to shareholders of record December 20, 2021. Union Pacific has paid dividends on its common stock for 122 consecutive years.

“Union Pacific continues to deliver strong cash returns to our shareholders,” said Jennifer Hamann, Union Pacific executive vice president and chief financial officer. “Today’s action, coupled with the 10% increase earlier this year, is consistent with our targeted dividend payout ratio of 45 percent.” 

About Union Pacific

Union Pacific delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.

Israel Railways Issues Notice to Proceed for Supply of 36 Alstom Traxx locomotives

9 November 2021 – Israel Railways (ISR) has issued a notice to proceed for the supply of additional 36 Traxx locomotives from Alstom (OTC: ALSMY) as part of its framework agreement in 2015 for the supply of 63 electric Traxx and additional 74 double-deck coaches in 2019. 

In September 2015, ISR ordered 62 Traxx 160 km/h P160 AC3 locomotives. The contract also included an option for additional 32 units.

The 36 locomotives will be delivered between April 2023 to October 2024, at a beat rate of two or three locomotives each month and will include unique features and advanced safety features. To date, Alstom concluding the delivery of 27 locomotives to ISR. The delivered locomotives are serving ISR growing electrified network, the locomotives maintained by ISR at the Lod depot with warranty services support by Alstom’s Product Introduction teams. 

The locomotives are powered with 6,000 kW traction suited for ISR electric network of 25kV 50 H. The Traxx electric-locomotive hauled ISR Twindexx Vario red double-deck coaches delivered by Alstom. More than 500 of these double-deck cars are successfully in service in Israel since 2002, providing safe, reliable and comfortable journey to all passengers in Israel.

More than 2,300 Traxx locomotives have been sold around the world in the last 20 years. They are authorized to operate in 20 countries around the world and drive a cumulative total annual mileage of 300 million km. 

Alstom has been contributing to the development of railway systems in Israel for more than 30 years, and everyday hundreds of thousands of Israelis enjoy its products, services, and green and sustainable mobility solutions. The company operates in 6 sites in Israel: the headquarters in Tel-Aviv, a retrofit site and Fleet Maintenance site in Haifa, a vehicle production site in Dimona and a Signaling project in Tel-Aviv and Be’er-Sheva. Alstom retains over 250 employees in Israel and is involved in 8 advanced infrastructure projects, for which it provides passenger coaches and electric locomotives, signaling and integration systems and maintenance services.

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

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.

Stadler Assessment of the First 100 Days of New Berlin and Brandenburg S-Bahn Trains

Berlin’s new S-Bahn trains are a hundred days old, yet already proving highly reliable. The new 483/484 series has passed its baptism of fire and also proved itself during the spell of cold winter weather in February: The trains successfully defied snow, ice, and wind.

The first train punctually entered service at 0.01 a.m. on New Year’s. Since then, the ten pre- series trains have been running on Line S47 (Spindlersfeld – Hermannstraße) and have replaced the old 485 series trains.

With the new trains, S-Bahn Berlin not only offers its passengers greater comfort, but also provides more capacity for our customers. When all the 21 two-car units and 85 four-car units ordered from Siemens Mobility and Stadler have been delivered by the end of 2023, a total of 106 new quarter trains will be in operation.

Beginning this summer, the first series trains will be delivered and join the 483/484 fleet once they have been accepted.

Sikorsky Continues Legacy With Latest Contract to Build Presidential Helicopters

STRATFORD, Conn. Feb. 10 – Continuing its 63-year legacy of providing safe and reliable transportation for the president of the United States, Sikorsky, a Lockheed Martin company (NYSE: LMT), is under contract to manufacture a total of 23 VH-92A® Presidential Helicopters for the U.S. Marine Corps. Sikorsky is on schedule to deliver the next generation presidential helicopter later this year.

The award announced February 5, 2021 by the U.S. Navy for five aircraft is the final lot of VH-92A presidential helicopters set to deliver in 2023.  Sikorsky’s highly skilled workforce is completing final modifications on 12 of the production aircraft at its manufacturing facility in Stratford, Connecticut and Owego, New York.

The VH-92A will transport the president and vice president of the United States and other officials. Sikorsky brings unmatched experience and a proven track record to this mission having flown every U.S. commander-in-chief since President Dwight D. Eisenhower. The VH-92A, also called a “White Top” due to its notable white and green livery, will continue this legacy for decades to come.

The VH-92A program ensures long-term affordability and maintainability by utilizing the FAA certified Sikorsky S-92 aircraft which has industry leading reliability and availability. The S-92 aircraft is modified for the VH-92A mission based on government-defined requirements. The S-92 fleet surpassed 1.7 million flight hours in 2020 and averages 14,400 hours of safe flight per month.

Alstom Introduces the Citadis X05 Tram to Athens, Greece

Alstom is proud to deliver the first two of the 25 Citadis X05 trams ordered by Attiko Metro, the urban transport authority of Athens, in July 2018. The tram will begin dynamic tests at the end of September before being put into passenger service in February 2021. 

The 25 trams will run on the city’s existing network, as well as on any planned extensions. The delivery of the last tram is expected by the end of May 2021. 

“Alstom is proud to bring its latest generation of tram to Athens. By providing reliable and modern rolling stock, we commit to supporting the development of urban transport in Athens, to further increase the capacity and availability of the existing lines and their extensions,” said Stavros Vlachos, Managing Director Alstom Greece.

In addition to the manufacturing and supply of the trams, Alstom is also responsible for the on-site testing, training and warranty services, as well as spare parts for the vehicles. These are Alstom’s first trams sold in Greece, after the company provided 28 metro trains in early 2000 for the first Athens Metro project.

The modern Citadis X05 trams will supplement the existing fleet of light rail vehicles for use on the network in Athens and Piraeus. This latest generation from the Citadis range offers superior passenger experience, with 20% more glass surfaces, LEDs for soft, homogeneous lighting, large individual seats, and travel information on large screens via a telematic system. The five-section trams will be 33 metres long, with a capacity of 294 passengers. Double doors along the entire length of the tramway ensure enhanced accessibility. 

The Citadis X05, the latest version of the Citadis range, boasts a number of new technologies, including permanent magnet motors for higher efficiency, as well as optimised HVAC (heating, ventilation and air-conditioning), which together reduce its energy consumption by 25%. Simplified sub-system integration and maintenance decrease lifecycle costs, while the tramway is 97% recyclable. To date, Citadis X05 has been sold in cities such as Sydney, Paris, Nice, Avignon, Caen, Lusail, Frankfurt and Athens.

2,700 vehicles of the Citadis range have been sold in 60 cities worldwide. Citadis trams have covered over 1 billion kilometres and transported 10 billion passengers since the first tram entered service in 2000.

Alstom Delivers Guadalajara Urban Transportation Network Line 3

Inauguration of a landmark mobility project for the State of Jalisco in Mexico

Alstom has officially delivered Line 3 of Guadalajara urban transportation network, a new line expected to carry around 230,000 passengers daily. The line covers nearly 21 kilometres, covering 18 stations through the cities Zapopan, Guadalajara and Tlaquepaque. It will be operated by the local operator SITEUR (Sistema del Tren Eléctrico Urbano – Urban Electric Train System). 

In 2014, Alstom was selected by the federal Secretaría de Comunicaciones y Transportes (SCT – Communication and Transportation Ministry) to provide an integrated system for the Guadalajara network extension. The project, representing a nearly €330 million investment (with €240 million for Alstom), will enhance mobility services for residents across the State of Jalisco, providing significant social and economic benefits.   

“Line 3 is designed to be 100% accessible to all, with spaces for people with disabilities inside the cars and dedicated infrastructure at all stations. The line is an example of a modern, inclusive transport system that offers passengers a reliable, safe and comfortable travel experience while remaining environmentally sustainable,” said Maite Ramos, Managing Director of Alstom Mexico.

“We congratulate everyone involved in the inauguration of this very important project for Jalisco. Without a doubt, it will greatly benefit all the State’s residents, changing the way they travel and improving their lifestyle. Alstom’s efficient work to carry out this project saw the company’s experience and commitment contribute to improving the quality of life of residents and proposing complete safety in their travel,” said Manuel Gomez Parra, General Director of Railway and Multimodal Development of the SCT.

The 2014 contract included the supply of 18 Metropolis trains, communication systems, the high-voltage and traction substations, and traffic control systems based on Urbalis 400, Alstom’s CBTC system. The trains are equipped with air conditioning, video surveillance, and passenger information systems.

With these projects, Alstom reaffirms its commitment to continue to lead the way to greener and smarter mobility around the world, developing and commercializing integrated systems that provide the sustainable foundation for the future of transportation.

Alstom has been present in Mexico since 1968, with the development of the first metro line in Mexico City. Since then, it has been an important ally for the development of mobility and urban connectivity, as well as the economic growth of the states of the country where it operates. For 52 years, Alstom has pioneered the introduction of metros and its maintenance in Mexico City, Monterrey and Guadalajara. In addition, the company has developed signalling systems and maintenance services for trains and infrastructure for the main railway companies in the country.

Amtrak Receives $63 Million from FRA for Northeast Corridor Infrastructure Improvements

  • State of Good Repair grant financing will help fund projects in New Jersey and Maryland

The Federal Railroad Administration (FRA) has awarded two Northeast Corridor (NEC) grants to Amtrak as part of its $302.6 million in the State of Good Repair grants to help repair and rehabilitate railroad infrastructure and other assets across the country for 12 projects in nine states. Totaling more than $63 million, the two grants will help fund the Portal North Bridge Project and the Winans to Bridge Improvement project.

“Improving infrastructure in this country is vital to strengthening the economy and providing a safer, more reliable travel experience as we look towards recovery,” said Amtrak President and CEO Bill Flynn. “We thank the FRA, and  our state and NEC partners for their invaluable support in awarding us these grants.”

A total of $55.1 million of the State of Good Repair grant issued by the Federal Railroad Administration was awarded towards the Portal North Bridge Project to replace the century old two-track swing bridge in Kearny, New Jersey with a fixed span. Serving as a critical link for intercity and commuter customers traveling to or from New York City, the current bridge was used by 450 daily trains with passengers making more than 200,000 daily trips on Amtrak’s intercity and New Jersey Transit’s commuter rail services in 2019.

The new bridge is designed as a 2.44-mile modern fixed structure that will eliminate the failures associated with aging infrastructure that causes delays across the NEC. A higher clearance (more than 50 feet above the Hackensack River), will eliminate the need for the bridge to open, allowing for faster operating speeds (from 60 to 90 mph), improved performance and greater reliability for an upgraded customer experience. Early construction of the new bridge began in Fall 2017 and was completed on time and on budget. NJ TRANSIT is seeking a Core Capacity grant from the Federal Transit Administration that would allow major construction to begin as soon as next year.

The Portal North Bridge Project is a key component of the Gateway Program and is identified as a regional priority in the NEC Commission’s five‐year capital plan.

Additionally, as part of a separate project, Amtrak, in partnership with Maryland Department of Transportation, Maryland Transit Administration (MDOT MTA), is also slated to receive $8 million to rehabilitate and upgrade a five‐mile section of track that is part of the Amtrak‐owned NEC mainline near Baltimore.

The project will restore Track A to 90 mph speeds, up from 60 mph, to shorten trip times, improve ride quality, and provide operational flexibility. The work will include upgrades from Winans to Bridge interlockings, replacing timber ties with concrete, installing heavier rail and laying new ballast. Bridge interlocking is located at the north end of West Baltimore Station and Winans is at the south end of Halethorpe Station. These upgrades will enable high‐speed operations on all four tracks on this segment.

The project will also enable service to be maintained while tracks are taken out of service to allow support for construction elements of the B&P Tunnel Replacement project. This work is included in the Northeast Corridor Commission’s five‐year capital plan as a regional priority. To learn more about these and other critical infrastructure projects Amtrak is working on, visit nec.amtrak.com/readytobuild/.

Other grant awards include Amtrak shared joint applications with Connecticut DOT for the WALK Bridge Replacement in Norwalk, Connecticut and Substation 41 Reconstruction in Kearny, NJ as led by NJ TRANSIT as well as other NEC related projects in New York and Pennsylvania. In addition, grants were awarded to various projects in California, Illinois, Michigan and North Carolina that provide benefits to Amtrak and its Long Distance and/or State-Supported customers.

Kiwi Rail Plans $1.2 Billion Investment to Rebuild New Zealand

The Government’s $1.2 billion rail investment in Budget 2020 will help KiwiRail attract more customers and get more freight on rail, KiwiRail Group Chief Executive Greg Miller says. 

Building on the Government’s $1 billion investment in Budget 2019, this second round of funding includes $400 million towards replacing the aging Interislander ferries and $421 million to continue the replacement programme for some of KiwiRail’s oldest locomotives. 

The funding also includes $246 million, plus a $148 million top up of the National Land Transport Fund, towards ensuring New Zealand’s rail network, which includes more than 3000km of track, more than 1000 bridges and nearly 100 tunnels, is reliable and resilient.

“I welcome this substantial funding, which is another major boost for rail in New Zealand. For our customers this investment sends a clear signal that rail has a big future and gives them the confidence to get on board,” Mr Miller says. 

“Our customers want to make greater use of rail and we’re seeing more road operators reach out for our support as their networks contract. We’re here to help them.”

“The Government’s investment allows us to continue with our locomotive replacement programme and raise the standard of our rail lines, bridges and tunnels across the country. This will enable KiwiRail to offer better and more reliable train services for our customers, and move more of New Zealand’s growing freight task onto rail.

“This funding recognises that rail has a greater role to play in New Zealand’s transport sector, and that it can make a valuable contribution towards lowering our transport emissions, reducing road congestion and saving in road maintenance costs – which benefits our nation as a whole.

Fifteen new Gen 2.3 DL locomotives depart KiwiRail’s Mt Maunganui yard, shortly after arriving at the Port of Tauranga, in 2018.

“The range of track renewal and facility upgrades we are planning will also support our workforce of almost 4000, as well as numerous civil contractors and material supply businesses across the country.”

“I’m very grateful to the Government for this level of support and I know that KiwiRail’s customers will be pleased by this demonstration of our shareholder’s commitment to rail.”

Mr Miller says the $400 million contribution to replacing Interislander’s three aging ferries and necessary landside infrastructure highlights how important the ferry connection is to New Zealand.

“Our Cook Strait ferries are an extension of State Highway 1, moving 800,000 passengers and up to $14 billion worth of road and rail freight between the North and South Islands each year. 

“They are a must have for NZ Inc. The two new rail-enabled ferries will be more advanced, have significantly lower emissions and last for the next 30 years.

“This is a once-in-a generation investment and I am thankful for the Government’s support. It gives us the security to go out to international tender to build the ships, which we hope to see arriving on our shores in 2024 and 2025.”

Coastal Pacific crossing the Kahutara River.
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