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pman
Senior Member
Sad but you're probably right.
pstogios
Senior Member
Interesting thesis.
I'm no expert but hasn't Lorinc neglected to consider the particular specifications / modification the TTC required in the Flexities to run in Toronto? This would serve to complicate the order.
nfitz
Superstar
It might delay production of prototypes, and the initial units. It doesn't explain the complete failure to ramp-up, and them promising for 10 months in a row, that we'll start getting 4 units a month starting in 2 months time.
It also doesn't explain months of delays on the Metrolinx prototype that has none of the TTC issues/specs.
drum118
Superstar
Will we 2-3 cars this month with 4420 due here by the weekend?
nfitz
Superstar
Unlikely I'd say. We'd still be only at 4 cars this year in 130 days.
Steve X
Senior Member
It will take them at least another 2 weeks till 4421. BBD says 13 cars for the remaining year or one car delivered every 2-3 weeks. Looking like this will hold true. This is probably the maximum output rate for the current assembly line. They probably just don't want to admit that they messed up and couldn't reach one car per week with the current setup.
drum118
Superstar
Eighteenth new TTC streetcar enters service
May 4, 2016
The TTC's newest low-floor streetcar, car number 4419, entered service this afternoon on the 509 Harbourfront route. There are now 18 new streetcars in service on the 510 Spadina and 509 Harbourfront routes.
All of the new accessible streetcars are equipped with PRESTO card readers and a fare and transfer machine, to allow customers to pay their fare and obtain proof-of-payment (POP). The machine will also allow customers without a PRESTO card to purchase a single-ride ticket using coins or tokens.
The new streetcars are fully accessible for customers using mobility devices, and are more comfortable to ride, featuring a higher passenger capacity and air conditioning. The new streetcars are housed at Leslie Barns, the TTC's new state-of-the-art streetcar facility located at Leslie St. and Lake Shore Blvd. E.
All TTC streetcar routes are POP, allowing customers with a transfer or valid TTC pass to board at any door.
The TTC's low-floor streetcar project is jointly funded by the Government of Canada Federal Gas Tax Fund, the Government of Ontario and the City of Toronto.
May 4, 2016
The TTC's newest low-floor streetcar, car number 4419, entered service this afternoon on the 509 Harbourfront route. There are now 18 new streetcars in service on the 510 Spadina and 509 Harbourfront routes.
All of the new accessible streetcars are equipped with PRESTO card readers and a fare and transfer machine, to allow customers to pay their fare and obtain proof-of-payment (POP). The machine will also allow customers without a PRESTO card to purchase a single-ride ticket using coins or tokens.
The new streetcars are fully accessible for customers using mobility devices, and are more comfortable to ride, featuring a higher passenger capacity and air conditioning. The new streetcars are housed at Leslie Barns, the TTC's new state-of-the-art streetcar facility located at Leslie St. and Lake Shore Blvd. E.
All TTC streetcar routes are POP, allowing customers with a transfer or valid TTC pass to board at any door.
The TTC's low-floor streetcar project is jointly funded by the Government of Canada Federal Gas Tax Fund, the Government of Ontario and the City of Toronto.
AlbertHWagstaff
Senior Member
It's nice for record-keeping to get press releases for new cars entering service... are they going to keep doing this to highlight the continuing water-drip rate of cars entering service?
TheTigerMaster
Superstar
Wow, what a time to be alive. Hats off to the good folks at Bombardier for this incredible achievement.
EastYorkTTCFan
Senior Member
especially if they have to keep repairing frames when they arrive from Mexico
TOareaFan
Superstar
just having fun....but has confidence been restored or was it just normal market activity?
Attachments
crs1026
Senior Member
TOareaFan
Superstar
^come on...can we all just relax and have a laugh sometimes? Some one posts a one day chart showing a fall from the low twos to the 1.70 range and states it is a loss in confidence...then someone else (me in this case) shows that loss recovered over the subsequent days and makes a joke about recovering confidence....we all know (particularly those of us that have held a position in the stock for some time) that it has not performed well....but the point making a joke based on a 5 day performance is to caution against making pronouncements based on a 1 day performance.....not to suggest that "all is well".
