Latest news with #Flix
Yahoo
28-05-2025
- Business
- Yahoo
FlixTrain buys Talgo high-speed trains for $2.72bn
FlixTrain has arranged to buy Talgo high-speed trains worth €2.4bn ($2.72bn). The agreement includes an initial firm order for 30 units for €1.06bn ($1.20bn). The contract also includes a 15-year maintenance plan for the entire fleet. The selection of Talgo followed a competitive bidding process. A collaborative task force from both Talgo and FlixTrain companies conducted preliminary work over several months to establish the final specifications for the project. CEO and co-founder of Flix, FlixTrain's parent company, André Schwämmlein said: 'We are pursuing a long-term strategy with FlixTrain and we will significantly expand our services in the coming years. 'With the tremendous expansion of our train fleet we will start a new era of train travel in Germany and Europe.' The new trains are intended for operation across western European countries, including Germany, Austria, the Netherlands, Denmark, and Sweden. The Talgo 230 push-pull trains are lightweight trainsets that can be equipped with natural tilting and automatic gauge-changing systems. All the trainsets will be supplied without locomotives. FlixTrain will lease Siemens Mobility Vectron locomotives to pull the Talgo 230 carriages. The trains will feature advanced digital systems. Talgo stated that it has developed a range of technologies that can enhance the maintenance of the FlixTrain fleet, including thousands of live sensors that transmit data to the cloud and enable the remote monitoring of each train carriage. Using AI models, Talgo's remote-operated service desk is expected to reduce turnaround times at depots. Talgo president Carlos Palacio said: 'Talgo 230 is the best solution to improve passenger mobility across Europe in the intercity rail passenger market and we are delighted that our company is contributing with this new product iteration to the common goal of shifting traffic from the road and air modes and to a fair and rapid energy transition. No date was given for the expected delivery of the units. In April 2024, Talgo delivered the first of its Avril "very high speed" trains to Spain's national rail provider Renfe. "FlixTrain buys Talgo high-speed trains for $2.72bn" was originally created and published by Railway Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Reuters
27-05-2025
- Business
- Reuters
Flix orders trains worth €2.4 bln from Talgo, Siemens
FRANKFURT, May 27 (Reuters) - Flix on Tuesday awarded a 2.4 billion euro ($2.72 billion) train order to Siemens ( opens new tab and Spain's Talgo ( opens new tab, as the German bus and train operator banks on growing demand for high-speed services in Europe. Talgo said in a statement that, under the order, it agreed in principle to supply 65 high-speed Talgo 230 train models without locomotives, including maintenance, with an initial firm order of 30 units worth 1.06 billion euros. Flix, whose rivals include state-owned Deutsche Bahn, said in a separate statement that Siemens would supply the locomotives. It added that European demand for high-speed train services was expected to grow by 4% to 5% per year. "With the tremendous expansion of our train fleet, we will start a new era of train travel in Germany and Europe," said Flix CEO and co-founder Andre Schwaemmlein. ($1 = 0.8818 euros)
Yahoo
15-05-2025
- Business
- Yahoo
Flix Marks Seven Years of Transforming Intercity Bus Travel in the U.S. Amid Rising Consumer Demand
DALLAS, May 15, 2025 /PRNewswire/ -- As rising travel costs and economic uncertainty push more Americans to seek affordable alternatives, Flix — the global travel tech company behind FlixBus and Greyhound — is marking seven years in the U.S. transforming intercity bus travel with a more modern, convenient, and tech-forward experience. Since entering the U.S. market in 2018, Flix has: Grown to facilitate the transport of more than 12 million passengers per year, offering a cost-effective alternative to other modes of long-distance travel, like flying and driving. Expanded its network of stop locations by more than 1,400%, now offering over 1,600 unique destinations and connecting both major cities and small towns throughout North America. Traveled nearly 300 million miles, helping people stay connected to work opportunities, medical care, family, and leisure. Expanded its network to over 50 bus partners, strengthening regional coverage and local connections across the continent. Established Flix North America Inc., unifying FlixBus and Greyhound under one umbrella and accelerating modernization of intercity bus travel. From launching FlixBus in 2018 to acquiring Greyhound in 2021, Flix has begun the transformation of intercity bus travel by introducing a new business model and use of AI-powered technology to the industry, modernizing fleet and passenger travel experience, and advocating for making intercity buses an integral part of the broader transportation network. Today, Flix and Greyhound together facilitate the largest intercity bus network in North America, reaching over 1,600 locations across the U.S., Mexico, and Canada. "Intercity bus travel is experiencing a renaissance, and we're proud to lead the charge," said Kai Boysan, CEO of Flix North America. "We've invested heavily in better buses, more efficient routes, and a more seamless digital experience — because today's travelers expect more. Bus travel is emerging as a smart, affordable alternative, and we see massive potential to make it the top consideration for long-distance journeys." Flix's continued growth reflects a broader resurgence in intercity bus travel interest. The company has seen sustained ridership increases year over year, including higher demand during key travel periods like the recent Easter travel weekend this spring. Its most popular routes continue to include high-demand corridors like the Northeast, Midwest, and South, offering affordable links between major metro areas, universities, and leisure destinations. As it looks ahead, Flix remains focused on growing its network across North America, enhancing customer experience, and further modernizing intercity bus travel through continued investment in its fleet and partnerships. The company is actively expanding service across the U.S. and Canada, having already launched 11 new routes so far in 2025. Additional connections are planned throughout the year and beyond to meet rising demand for affordable, sustainable travel. With travel habits shifting, Flix sees an opportunity to push for greater recognition of buses as a critical part of the nation's mobility mix. The company remains focused on affordability, efficiency and equitable access to transportation for Americans as it plans for its next phase of growth. About Flix North America Inc. Flix North America Inc., the parent company of FlixBus Inc. and Greyhound Lines, Inc., is a leading provider of long-distance bus transportation in North America. We're a subsidiary of Germany-based Flix SE, a global travel technology company operating bus and train services in more than 40 countries across four continents. Greyhound and FlixBus, together with their trusted partners, offer the most extensive coast-to-coast network of intercity bus routes, providing travelers with affordable and sustainable transportation options to over 1,600 destinations in the U.S., Canada, and Mexico. More than 12 million passengers ride with us each year. Our mission is to keep communities connected and help drive affordable and sustainable travel for everyone. For more information, please visit our website and press room. View original content to download multimedia: SOURCE Flix North America Inc. Sign in to access your portfolio
