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Alstom signs contract for Saudi Arabia Tramway Project

January, 2024 Alstom, a global leader in smart and sustainable mobility, signed a contract of more than €500 million with The Royal Commission for AlUla’s pioneering battery-powered tramway, the world’s longest catenary-free line.

The fully integrated Alstom tramway system will feature 20 state-of-the-art Citadis B battery-trams. The 22.4km line will encapsulate richness, history, and green mobility like no other, linking 17 strategically located stations, offering unmatched access to AlUla’s five core historical districts, including UNESCO World Heritage sites such as AlUla Old Town (District 1), Dadan (District 2), Jabal Ikmah (District 3), Nabataean Horizon (District 4), and Hegra Historical City (District 5).

This ambitious project aims to deliver unique transit options for residents and tourists, with innovative, climate-adapted trams.

Alstom plays a pivotal role in this project, from comprehensive system design to integration, installation and testing and commissioning of the catenary-free and battery-powered tramway. Alstom will also deliver power supply, signalling, communication, and depot equipment and provide full maintenance for the trams for 10 years, using HealthHub, Alstom’s tool for predictive maintenance and fleet management to deliver the highest availability. The services teams will also use an itinerant workshop for all types of overhauls to be more flexible and reduce capital expenditure, and provide robust training programmes for tram personnel, ensuring operational efficiency. The project will draw on Alstom’s global in-house expertise in integrated railway systems. The trams will be manufactured across Alstom’s French production sites, including La Rochelle for both design and construction.

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Alstom and partners celebrate Edmonton Valley Line Southeast LRT

November 6, 2023 – Alstom SA (Paris: ALSO), global leader in smart and green mobility, celebrates the November 4 launch of the new Edmonton Valley Line Southeast LRT. This project was delivered by TransEd, a consortium comprised of Alstom, along with Bechtel, EllisDon and Fengate, contributing to the enhanced connectivity of Edmonton’s residents today and for the future. The city is expecting it to serve about 30,000 riders per day.

Under this partnership, Alstom played a pivotal role in the design, supply, installation and testing and commissioning of the LRVs, signalling, communications, power supply and distribution, overhead catenary system, and related depot equipment. This Turnkey project is a Public-Private Partnership (P3) that includes a now completed Design-Build stage, and an operation and maintenance (O&M) commitment extending until 2050.

Alstom also assumes a majority share in the joint venture responsible for the O&M of the system for TransEd. This includes maintaining the complete fleet, tracks, catenary, stations, maintenance facility and all other elements of the system, as well as all aspects of operating the fleet including crew training and dispatching, control room management, customer service and passenger experience. A team of more than 125 experts is devoted to delivering exceptional services to the Edmontonians. Notably, this represents the first LRT system where Alstom is involved in the complete O&M scope of the system.

The 26 Flexity LRVs, each capable of carrying up to 275 passengers along the 13 km system, offer a 100 per cent low-floor design, ensuring easy access and a comfortable ride for all passengers. Step-free boarding is an important part of this enhanced passenger experience for persons with reduced mobility, wheelchairs, mobility aids and strollers.

Alstom takes pride in designing and assembling these vehicles in Canada, creating good-paying Canadian jobs. With 4,500 employees in Canada, including those in Edmonton, Alstom is committed to delivering safe and reliable mobility solutions while actively fostering local supply chains and regional economies.

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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BAE Systems & L3Harris deliver first EC-37B Compass Call aircraft to the U.S. Air Force

BAE Systems PLC (London: BAES) and L3Harris Technologies Inc. (NYSE: LXH) delivered the first of 10 EC-37B Compass Call aircraft to the U.S. Air Force for formal combined developmental and operational testing. The next-generation system evolves the Air Force’s 40-year mission of employing electromagnetic attack (EA) capabilities in support of U.S. and coalition air, surface, and special operations forces.

Mission system prime BAE Systems produces the Compass Call Airborne Electromagnetic Attack mission system at its Hudson, New Hampshire facility. The system disrupts enemy communications, radars and navigation systems, and suppresses enemy air defenses by preventing the transmission of essential information between adversaries, weapon systems and command-and-control networks.
Platform integration prime L3Harris integrated the EC-130H Compass Call mission system into a modern Gulfstream G550 business jet at its Waco, Texas aircraft missionization center. The EC-37B has increased speed, endurance and high-altitude operation for improved survivability and range to deliver EA effects.

 

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Rolls-Royce to complete initial F130 engine testing for B-52J by year end

Rolls-Royce (OTC: RYCEY) today announced that it is on track to complete initial F130 engine testing for the United States Air Force B-52J Stratofortress by the end of the year. Continued Rapid Twin Pod Tests at NASA Stennis Space Center in Mississippi have accomplished all of Rolls-Royce’s initial goals and allowed for the gathering of unprecedented amounts of data early in the program, further de-risking the integration of the F130 engine onto the B-52J.

In September 2021, Rolls-Royce F130 engines were selected by the Air Force to replace the existing powerplants in the B-52 fleet, with over 600 new engine deliveries expected. The new engines will extend the life of the B-52 aircraft for 30 years and are so durable they are expected to remain on wing for the remainder of the aircraft life.

F130 engines will be manufactured, assembled and tested at Rolls-Royce facilities in Indianapolis, the company’s largest production facility in the U.S. The F130 is derived from the Rolls-Royce BR family of commercial engines, with over 30 million hours of operation and a high reliability rate. It’s a proven, dependable engine with a fuel-efficient design.

 

 

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Air New Zealand toasts to New Zealand’s finest wines onboard

The airline has invited 125 New Zealand wineries to bring their best drops for consideration onboard the airline’s Business Premier cabins and in its Tier One Lounges. Next month, some of New Zealand’s most respected and discerning wine connoisseurs will come together to choose their much-awaited list of the country’s finest wines for 2024.

Air New Zealand Chief Customer and Sales Officer Leanne Geraghty says more than 500 wines will go through a rigorous blind taste testing where wine experts will uncork bottles and sip, swirl and savour wines from across New Zealand vineyards.

The selection of wines, carefully curated by a Master of Wine and a Wine Consultant is a celebration of New Zealand’s diverse and exceptional winemaking and Air New Zealand’s commitment to serving and sharing the best of New Zealand wine onboard. 

Across all its flights and lounges, Air New Zealand serves up roughly 62,000 litres of Sauvignon Blanc, 53,000 Litres of Chardonnay and 59,000 litres of Pinot Noir of wine each year – all of which is New Zealand grown and made.

“Here’s to the best of New Zealand, celebrated with every sip, on board Air New Zealand!”

Alstom delivers the first cars to the Tren Maya railway project

July 10, 2023 – Alstom (OTC: ALSMY), global leader in smart and sustainable mobility, has completed the delivery of the first train of the Tren Maya project to the Federal Government and Fondo Nacional de Fomento al Turismo (FONATUR). The cars are a depiction of Mexico’s art culture, reflecting the varied colours and textures of the region’s art. These first 4 cars will form the first of the 31 Xiinbal type of trains that Alstom will deliver to the project in different configurations, featuring large panoramic windows to allow passengers to enjoy scenic views.

The first cars departed Alstom’s manufacturing facility in Ciudad Sahagún, Hidalgo, on July 3rd. The four cars were wrapped and transported on special platforms, travelling 1,943 kilometres over five days until they reached the workshop and depot in Cancún. A team of experts has already started the meticulous unloading of the cars, after which they will assemble the cars to form the first train. Once assembled, the trains will undergo exhaustive testing to validate the functionality and safety of the different train components, prior to integration and testing with the rail infrastructure.

The Tren Maya project stands out not only for the latest mobility technologies included in the project but also for its representation of the history and culture of Mexico through the three different train designs. Each car is equipped with air conditioning, ergonomic and reclining seats, video surveillance systems and passenger information screens, with dedicated spaces for luggage storage. Since the floor is flat throughout, passengers with reduced mobility will have full liberty of movement. With these design features, combined with an ability to operate at a maximum speed of 160 km/h, the trains will deliver an efficient means of transport and excellent passenger experience.

These first cars also feature advanced digital technologies such as an automatic train control system (ERTMS) to provide optimal efficiency and high levels of safety and security, Further, Alstom will deploy HealthHub and TrainScanner, its digital solutions for condition-based and predictive maintenance, enabling continuous health and condition monitoring of different train components, signalling and infrastructure to guarantee the maximum reliability and availability of the trains, while optimising the lifecycle costs of each train.

Alstom is expected to complete the full deliver of all 42 X’trapolis trains (219 cars) in the last quarter of 2024.

JAL Group Adjusts Domestic Network Plan Between September 3 and September 30

The JAL Group (OTC: JAPSY) today announced further reductions on its domestic network between September 3rd and September 30th. In accordance with the conditions of carriage, customers affected by the cancellations during this period will be re-accommodated on an alternative flight. The “JAL Domestic PCR Inspection Service” for JAL Group customers, we will be expanding the program to include all JAL Group domestic customers and all fares offering better price. To date, the carrier has received more than 57,000 applications to conduct pre-travel testing for COVID-19. We will create a hygienic and clean environment at airports and on board to provide our customers with a safe and secure travel experience.

In addition, the Japanese government is also offering free PCR and antigen quantification tests for passengers departing from Haneda, Narita, Nagoya(Chubu),Osaka(Itami), Osaka(Kansai) and Fukuoka to airports in Hokkaido, Okinawa, Hiroshima, Fukuoka and Kagoshima from July 20 to September 30, in order to ensure the safety of people in Hokkaido, Hiroshima, Fukuoka, Kagoshima and Okinawa prefectures as well as those who have no choice but to travel there.

We sincerely apologize for any inconvenience, this may cause to customers who have booked flights on the reduced schedule, but would like to ask for our customer`s understanding during this unprecedented time.

Reductions Added Today

Summary by Month

Note – Figures Include JAL Group Operated Flights (JAL, J-AIR, JAC, HAC, JTA, RAC) Select routes may be operated by a different aircraft configuration and customers may receive a new seat assignment. Also, First Class/Class J may not be offered when a change in aircraft configuration occurs.

For the full list of flights, click here.

U.S. Marine Corps Awards BAE Systems $184 Million for Additional ACV’s

BAE Systems (OTC: BAESY) has received a $184 million contract option from the U.S. Marine Corps for more Amphibious Combat Vehicles (ACV) under full-rate production. The order demonstrates the Marine Corps’ confidence in a program that is on track to deliver this critical capability to the Marines. This contract award will cover production, fielding, and support costs for the ACV personnel carrier (ACV-P) variant. BAE Systems was awarded the first full-rate production contract option in December for the first 36 vehicles. This option on that contract increases the total number of vehicles under full-rate production to 72, for a total value of $366 million.

The ACV is a highly mobile, survivable, and adaptable platform for conducting rapid ship-to-shore operations and brings enhanced combat power to the battlefield. BAE Systems is under contract to deliver two variants to the Marine Corps under the ACV Family of Vehicles program: the ACV-P and the ACV command variant (ACV-C). A 30mm cannon (ACV-30) is currently under contract for design and development and a recovery variant (ACV-R) is also planned.

The Marine Corps selected BAE Systems along with teammate Iveco Defence Vehicles for the ACV program in 2018 to replace its legacy fleet of Assault Amphibious Vehicles (AAV), also built by BAE Systems. BAE Systems was also recently awarded an indefinite delivery indefinite quantity (IDIQ) contract worth up to $77 million for the ACV program that includes the provision of spare and replacement parts, testing equipment, and other services.

ACV production and support is taking place at BAE Systems locations in Stafford, Virginia; San Jose, California; Sterling Heights, Michigan; Aiken, South Carolina; and York, Pennsylvania.

Alaska Air Group Reports Fourth Quarter 2020 and Full-Year Results

Financial Results:

  • Reported net loss for the fourth quarter and full year 2020 under Generally Accepted Accounting Principles (GAAP) of $430 million, or $3.47 per diluted share, and $1.3 billion, or $10.59 per diluted share. These results compare to fourth quarter 2019 net income of $181 million, or $1.46 per diluted share, and full year 2019 net income of $769 million, or $6.19 per diluted share. 
  • Reported adjusted net loss for the fourth quarter and full year 2020, excluding payroll support program wage offsets, special items, and mark-to-market fuel hedging adjustments, of $316 million, or $2.55 per diluted share, and $1.3 billion, or $10.17 per diluted share. These results compare to fourth quarter 2019 adjusted net income of $181 million, or $1.46 per diluted share, and full year 2019 adjusted net income of $798 million, or $6.42 per diluted share. 
  • Reported adjusted net debt of $1.7 billion, flat from December 2019 despite a 59% decline in operating revenues for the year. 
  • Reported a debt-to-capitalization ratio, including certain short-term borrowings, of 61%. 
  • Held $3.3 billion in unrestricted cash and marketable securities as of Dec. 31, 2020. 

Liquidity and Fleet Updates:

  • Accessed approximately $5 billion in new liquidity in 2020, including $1.2 billion raised in the capital markets and approximately $600 million in bank financing. 
  • Reached an agreement with the U.S. Treasury in January 2021 to receive an extension of payroll support totaling $533 million, $266 million of which was received on Jan. 15, 2021. 
  • Extended the period available to draw funds under the CARES Act loan program from March 26, 2021 to May 28, 2021. 
  • Announced plans to expand the mainline fleet and restructure the existing aircraft purchase agreement with Boeing. In total, Air Group will take delivery of 68 737-9 MAX aircraft between 2021 and 2024, inclusive of 32 previous purchase commitments and 13 aircraft to be leased from Air Lease Corporation. 
  • Took delivery of Alaska’s first 737-9 MAX aircraft on January 24, 2021, which is expected to enter revenue service on March 1, 2021. 
  • Permanently removed an additional 20 Airbus A320 aircraft from the fleet in the fourth quarter, resulting in 40 Airbus aircraft removed in 2020. A total of 31 Airbus aircraft remain in the operating fleet as of the end of the year. 
  • Held $3.4 billion in cash and marketable securities as of Jan. 22, 2021, and total liquidity of $5.2 billion. 

Operational and Guest Safety Updates

  • Announced seven new routes in the fourth quarter, including three “fun and sun” destinations connecting Anchorage to Las Vegas, Denver and San Francisco, and expanded service from Southern California to Austin and New York. 
  • Eliminated change fees and extended the flexible travel policy for tickets purchased through March 31, 2021. 
  • Implemented Next-Level Care initiative, which includes more than 100 measures designed to create a safe experience for guests and employees. These efforts were highlighted in the Alaska Safety Dance video
  • Named the safest U.S. airline by AirlineRatings.com in their annual Top 20 Safest Airline report. 
  • Launched the West Coast International Alliance with American Airlines on Jan. 1, 2021, which will unlock new benefits for Alaska Mileage Plan members in the spring. 
  • Partnered with healthcare providers to offer rapid and standardized COVID-19 testing for those guests traveling to destinations that require a negative result. 
  • Received diamond level certification from the Airline Passenger Experience Association for the health and safety standards Alaska and Horizon Air implemented to keep guests safe throughout their journey. 
  • Launched pre-clearance program for guests traveling to the Hawaiian Islands from the West Coast with an approved negative COVID-19 test. 
  • Announced a partnership with Microsoft to use sustainable aviation fuel to offset the environmental impact of certain business air travel. 
  • Announced oneworld benefits for elite Mileage Plan members, providing tier status in the global alliance to Alaska’s elite members, as the company works toward joining oneworld on March 31, 2021. 

Alaska Air Group Inc. (NYSE: ALK) today reported a fourth quarter 2020 GAAP net loss of $430 million, or $3.47 per diluted share, compared to net income of $181 million, or $1.46 per diluted share in 2019. Excluding the impact of payroll support program wage offsets, special items and mark-to-market fuel hedge adjustments, the company reported a fourth quarter adjusted net loss of $316 million, or $2.55 per diluted share, compared to adjusted net income of $181 million, or $1.46 per diluted share in the fourth quarter of 2019. 

The company reported a full-year 2020 GAAP net loss of $1.3 billion, compared to net income of $769 million in the prior year. Excluding the impact of payroll support program wage offsets, special items and mark-to-market fuel hedge adjustments, the company reported an adjusted net loss of $1.3 billion, or $10.17 per diluted share for 2020, compared to adjusted net income of $798 million, or $6.42 per diluted share in 2019.

Click the link below to view the full results!

https://newsroom.alaskaair.com/2021-01-26-Alaska-Air-Group-reports-fourth-quarter-2020-and-full-year-results

Air New Zealand Updates International Schedule Through June

Air New Zealand is extending its COVID-19 international schedule through to 30 June 2021 in response to ongoing travel restrictions and low passenger demand. The schedule aims to keep air links open for essential travel and cargo movement on key trade routes.

Air New Zealand’s General Manager Networks Scott Carr says the airline has been progressively updating its schedule over the past 12 months in response to the global pandemic.

“Our schedule is driven by a number of factors including airport takeoff and landing slots which generally operate on a ‘use it or lose it’ basis. This means if you don’t fly the majority of your schedule you may lose access to airports. We have been waiting to receive slot alleviation for the April to end of June period, which means our regular slot times are protected even if we can’t fly them all. As this is now progressing, we are now able to move ahead with adapting our schedule through to 30 June to better reflect the low demand environment we are currently operating in.”

“We understand these are very uncertain times and it can be tricky for people looking to get home with a lot of things needing to line up including flights, testing and managed isolation bookings. We feel a responsibility to ensure Kiwis can come home and are doing our best to make this happen as smoothly as possible. We strongly recommend customers check government border restrictions for the relevant countries and/or individual passport requirements before booking a ticket.”

The airline’s customer service team is supporting those affected by these changes. Customers booked via a travel agent, including a third-party website (e.g. Expedia, Booking.com) should speak with their agent. Air New Zealand’s dedicated COVID-19 information hub is being updated continuously and customers should check this first, before calling the airline’s contact centre.

The updated schedule from 28 March 2021 to 30 June 2021 is below. There is no change to trans-Tasman services at this stage. All services are subject to change in line with global travel and border restrictions.

Pacific servicesFrequency
Auckland – NadiOne return service per week
Auckland – NiueOne return service per week
Auckland – RarotongaDaily return service
Auckland – SamoaOne return service per week
Auckland – TongaOne return service per week
Sydney – Norfolk IslandThree return services per week
Brisbane – Norfolk IslandThree return services per week
Long haul servicesFrequency
Auckland – Los AngelesTwo return services per week
Auckland – Hong KongTwo return services per week
Auckland – ShanghaiTwo return services per week
Auckland – TokyoOne return service per week
Auckland – SeoulOne return service per month
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