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Tag: Romanian

Alstom signs contract to supply 16 electric locomotives in Romania

January 29, 2024 – Alstom, global leader in smart and sustainable mobility, and the Romanian Railway Reform Authority (ARF) have signed a contract for the delivery of 16 Traxx 3 MS electric locomotives and 20 years of associated maintenance services. The contract, totalling around €150 million, extends Alstom’s collaboration with ARF within the rolling stock sector. The 20-year maintenance and repair period can be extended by a further 20 years by concluding an additional agreement.

The Traxx locomotives offer a flexible design based on a robust, modular platform approach compatible with many applications (single or multi-country freight and passenger transport) and available in various configurations (AC, DC and multi-system). This product delivers increased operational performance and reliability with higher energy efficiency and extended maintenance intervals to improve its availability.

Alstom has been active in Romania for almost 30 years and is a market leader in railway electrification and signalling solutions. The company is responsible for implementing signalling or electrification solutions on the Rhine-Danube railway corridor as well as in the Cluj area, where the company is also part of the consortium building the second metro system in the country, in the city of Cluj Napoca. The first CBTC urban signalling solution in the country is under implementation by Alstom on Bucharest’s metro Line 5. The company has also been the provider of maintenance services for the Bucharest metro fleet for nearly 20  years, with an ongoing contract valid until 2036.

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Air Lease Corporation announces Airbus A330-200 placement with HiSky

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.

 

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

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.

TAROM Selects ATR 72-600 to Renew its Regional Fleet

Major fleet upgrade with nine modern turboprops providing increased seat capacity, lowest operating costs and best environmental performance

Toulouse, 26 June, 2019 – TAROM, the Romanian national air carrier, will introduce nine new ATR 72-600 aircraft, the market-leading product of the world’s number one regional aircraft manufacturer, into its fleet. The ATR 72-600 will be leased from NAC, the world’s number one regional aircraft lessor. Deliveries will commence in October 2019 through to 2020.  

TAROM has been very successful in its domestic market operations by using ATRs to allow it to compete with low cost carriers. This upgrade will ensure that the airline is equipped with the latest generation of turboprops burning 40% less fuel and emitting 40% less CO2 than regional jets.   

New ATRs will offer TAROM an additional 330,000 seats every year at the same operating cost as its previous seat level, improving short haul connectivity in Romania and supporting the development of local and more isolated communities. This will provide TAROM with the possibility to further expand and consolidate their position in the market.

TAROM Chief Executive Officer Madalina Mezei said: “We have selected ATR after a comprehensive review of competing aircraft, with the ATR 72-600’s demonstrating they are the best aircraft to meet our ambitious targets regarding efficiency, modern technology and environmental responsibility. With this aircraft, we will be able to develop new routes and increase frequency and seat availability, whilst introducing the highest levels of comfort and the latest technology into our domestic network.”

“We are very proud to welcome TAROM as our newest customer,” said Martin Møller, Chairman of Nordic Aviation Capital “we are confident that the ATR 72-600 aircraft will ensure efficiency in their network for many years to come. We thank TAROM for the confidence they have placed in NAC, and we look forward to building and strengthening our relationship with them in the future.”

Stefano Bortoli, Chief Executive Officer of ATR commented: “TAROM is among Europe’s most experienced ATR operators. We are proud to see this long-time customer renew its partnership with the ATR 72-600, the regional aircraft with the best environmental credentials. TAROM made its selection after a vigorous evaluation and in selecting the ATR 72-600 they chose more efficiency, more flexibility and more capacity, for long-term benefits.”

TAROM and ATR have been working together for 20 years. The Romanian national airline operates a fleet of 25 aircraft, including seven ATR 42-500’s and two ATR 72-500’s which are now to be traded in for the announced nine 72-600’s.

About TAROM:
The Romanian National Air Transport Company TAROM has been established in 1954 and grew at the same time as Romanian aviation. TAROM’s activity is subordinated to the authority of the Ministry of Transports. TAROM is member of the Alliance SkyTeam starting from June 2010, member of the International Air Transport Association (IATA) starting from 1993.