Alstom secures seven-year extension for JFK AirTrain operations in US [Yahoo! Finance]
ALSTOM UNSP/ADR (ALSMY)
NASDAQ:AMEX Investor Relations:
alstom.com/investor-relations
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Source: Yahoo! Finance
Kennedy International Airport's AirTrain. The deal, worth approximately $518m, includes an option to extend for an additional three years to 2035. The contract ensures that the AirTrain, which serves as a vital link between airport terminals, parking, and New York City's public transport, remains operational around the clock. JFK International Airport general manager Teresa Rizzuto said: “The Port Authority looks forward to continue working with Alstom on JFK AirTrain, a critical piece of JFK's infrastructure, and one that also fosters sustainability, local job creation, and community development.” Alstom will manage the maintenance of the AirTrain's infrastructure and fleet, which includes 32 automated light metro trains. These trains range from one to four cars, depending on passenger demand, and provide connectivity across nine stations airside. Alstom Americas president Michael Keroulle said: “Since 2003, our industry-leading airport system has safely and reliably tran
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