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34-803: Skyrail may refer to the following: Transport [ edit ] AirRail Link people mover at Birmingham Airport , England , formerly known as SkyRail BYD Skyrail , a commercial monorail system Skyrail Midorizaka Line in Hiroshima , Japan Skyrail Rainforest Cableway in Queensland , Australia Elevated sections of the Pakenham / Cranbourne railway lines in Melbourne , Australia built as part of Victoria Government 's Level Crossing Removal Project Other [ edit ] A level in

68-434: A button labelled "DEMAND" must be pressed by the prospective passenger. The line is free to use, and handles three million passengers per year. The Birmingham Airport Link was Doppelmayr Cable Car's first airport system and replaced the temporary bus service that had been operating since 1995. It is built on top of the previous Maglev guideway, slightly shortened by an extension of the railway station concourse to accommodate

102-602: A fleet of long-distance trains for the Intercity Express Programme . The bid was successful, leading to a £4.5bn contract for new trains for both Greater Western and InterCity East Coast franchises being finalised in mid 2012. The company established the John Laing Infrastructure Fund in 2010 in a £270 million public launch; this entity focuses on the day-to-day operations of completed infrastructure. During October 2013,

136-484: A home construction venture in Cumberland before relocating to Carlisle . James' son, John Laing, took over the company and pursued larger contracts in the region. By 1920, John William Laing had taken charge and continued to expand the business; it became a limited company in 1920 and established its headquarters at Mill Hill , London two years later. Its activities during and after World War II , particularly in

170-534: A low-level bus station. The replacement project was started on 30 March 2001 and completed on 7 March 2003 with the first day of public operation. The project contract cost £11 million. The new system has motivated passengers travelling to the airport to leave their cars at home and use public transport. 52°27′08″N 1°43′46″W  /  52.4522°N 1.7294°W  / 52.4522; -1.7294 John Laing Group The company has its origins in 1848, when James Laing and his wife Ann Graham embarked on

204-484: A speed of 36 kilometres per hour (22 mph). The trains operate at a minimum headway of 120 seconds, consisting of a dwell time at each station of 30 seconds and a journey time of 90 seconds. The individual cars carry twenty-seven passengers at 0.33 square metres (3.6 sq ft) per person, thus giving a capacity of 54 passengers per train. During the day, the trains run every few minutes each way. At off-peak times, trains operate on demand, and to facilitate this,

238-429: Is a fully automated cable-hauled system that opened in 2003 and has a length of 585 metres (1,919 ft). It takes passengers between the high-level railway station concourse and the airport terminal buildings. It is free to use, and handles three million passengers per year. The Birmingham Maglev was opened in 1984 and was the first commercial Maglev transport system in the world. It operated up until 1995. The system

272-561: Is different from Wikidata All article disambiguation pages All disambiguation pages AirRail Link The Air-Rail Link is a people mover linking Birmingham Airport with Birmingham International railway station and the National Exhibition Centre in England. The current system, originally known as SkyRail , replaced the earlier Birmingham Maglev system in 2003. The current system

306-487: The British Rail Research Division laboratory at Derby . Contracts were awarded in 1981 to a consortium of GEC , Balfour Beatty , Brush Electrical Machines and Metro-Cammell under the name "People Mover Group", along with John Laing . The carriages were manufactured by Metro-Cammell at its Washwood Heath plant. The system was opened on 16 August 1984. As built, the length of the track

340-578: The London Stock Exchange in January 1953; at the time, the Laing family along with its trusts and charities held the majority of the shares. John William Laing became the chairman while his sons became joint managing directors. By this time, the number of employees was around 10,000, and every site had a quality supervisor. John William Laing retired in 1957. During 1964, the company acquired

374-643: The Second Severn Crossing , which was the first PPP to be conducted by John Laing. During June 1995, amid the privatisation of British Rail , John Laing backed a management buyout that was the Chiltern Railways franchise. In early 1999, a controlling interest in Chiltern Railways was purchased. During the late 1990s, the business expanded rapidly, to the extent that, for the year ended 31 December 2001, its turnover

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408-589: The United Kingdom , Saudi Arabia , Oman , the United Arab Emirates , Iraq , Spain , and California was now one of the major sources of the company's growth. During 1969, the company opted to invest in a toll road in Spain, marking its first infrastructure investment in 1969 in a toll road in Spain (the 65km Europistas project). Another milestone was attained in 1990 in the construction of

442-542: The Investment Advisory Agreement between John Laing Capital Management Ltd. and John Laing Environmental Fund Ltd. to Foresight Group CI Ltd. In May 2021, KKR announced that it has agreed terms to purchase John Laing Group in a deal valued at about £2 billion. John Laing confirmed that it would unanimously recommend that its shareholders back the deal and that it considered the terms of the acquisition to be fair and reasonable. In September 2021

476-557: The Laing Rail division, which by then operated Chiltern Railways and (jointly) London Overground, as well as held a stake in Wrexham & Shropshire , was put up for sale; the division was purchased by German rail operator Deutsche Bahn in January 2008. In June 2008, John Laing in a joint venture with Hitachi and Barclays Private Equity formed Agility Trains to bid for the contract to design, manufacture, and maintenance of

510-476: The acquisition of John Laing Group. The business can trace its roots back to 1848 when James Laing (born in 1816), along with his wife Ann Graham, and some employees whom they had hired, built a house on a plot of land that they had bought for £30 in Cumberland . The £150 proceeds from the first house financed the building of the next two houses on the same plot of land, one of which (Caldew House in Sebergham )

544-408: The airport since the system's closure. It was initially sold for £25,100, with the proceeds to go to two charities, but the bidder defaulted and it was resold to a private buyer near Kenilworth for just £100. After closure, the original guideway lay dormant and a temporary shuttle bus service was operated until development of a suitable replacement was found. The guideway was reused in 2003 when

578-648: The cars for the Maglev were stored by the airport owners, Birmingham International Airport Ltd., on the airport site. A model of the Birmingham Maglev, together with one of the Maglev carriages (number 3), can be found in Locomotion in Shildon . A second carriage (number 1) resides at Railworld . The third carriage (number 2) was put up for sale in an auction on eBay in late 2010 after lying unused at

612-529: The chairman and pursued further diversification; shortly thereafter, its home construction grew internationally, particularly in the Middle East , Continental Europe , and the United States . While the late 1990s was a time of rapid expansion for the business expanded rapidly, profitability suffered, leading to job losses and the disposal of its construction division to O'Rourke for £1 in 2001 while

646-537: The company cut 800 jobs, and disposed of its construction division to O'Rourke for £1, far less than the roughly £100 million that had been anticipated. Shortly thereafter, Sir Martin Laing stepped down as executive chairman in favour of Bill Forrester. The business became orientated itself around its PPP / PFI activities; by 2002, it had structured itself into two main divisions, namely Homes and Investments. In April 2002, Laing's property developments divisions were sold to Kier Group , and its house building arm

680-632: The company sold its facilities management business to Carillion . In March 2014, Olivier Brousse was appointed as Chief Executive; he avidly pursued further PPPs for infrastructure delivery and management services. The John Laing Environmental Fund was established in 2014 in a £174 million public launch. In February 2015, the company became listed on the London Stock Exchange again. During September 2018, John Laing sold John Laing Infrastructure Fund Ltd. to Dalmore Capital and Equitix Investment Management. In June 2019, John Laing sold

714-470: The computer game 007: Nightfire Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Skyrail . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Skyrail&oldid=1237307207 " Category : Disambiguation pages Hidden categories: Short description

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748-482: The property developments divisions were sold to Kier Group and its house building arm was also divested to George Wimpey during the following year. In place of construction, John Laing Group focused on PPP / PFI opportunities. In December 2006, John Laing plc was acquired by the private equity arm of Henderson Group . A year later, the Laing Rail division, which had shareholdings in Chiltern Railways , London Overground Rail Operations and Wrexham & Shropshire ,

782-518: The reconstruction efforts, increased the company's prominence. In January 1953, John Laing & Sons was listed on the London Stock Exchange, at which point the business had roughly 10,000 employees. William Kirby Laing and John Maurice Laing , who had joined the company in 1950, jointly took over in 1957. During the latter half of the twentieth century, the company diversified into road construction and built numerous power stations as well as continuing to construct houses. In 1985, Martin Laing became

816-492: The replacement cable hauled Air-Rail people mover was opened. The current Air-Rail Link is a cable-propelled shuttle system, using the Cable Liner technology from Doppelmayr Cable Car . The 585 m-long (1,921 ft) line takes travellers from the public transport interchange to the airport check-in in 90 seconds. It is a dual track shuttle with two stations and two trains, each of two cars, operating independently at

850-434: The rival civil engineering business Holloway Brothers . Under William Kirby Laing and John Maurice Laing, the company continued to expand, winning contracts for power stations and diversifying into road construction while continuing to build houses. In 1985, Martin Laing , of the sixth generation of the founding family, became chairman. Martin Laing determined that the company should begin to diversify. Home construction in

884-416: The transaction was completed. Significant investments include: John Laing’s former construction division, now absorbed into Laing O'Rourke , undertook a number of landmark projects including: The subsidiary Laing Rail owned and operated Chiltern Railways and was joint operator of London Overground (with MTR Corporation ) and Wrexham & Shropshire (with Renaissance Trains ). In 2008, Laing Rail

918-409: Was 20 years old, and so it became John Laing & Son. By 1910, John William Laing was running the business. More employees were recruited and larger projects were undertaken, including factory construction. During 1920, the firm became a limited company, and two years later moved its headquarters to a 13 acres (5.3 ha) site at Mill Hill in north-west London . During World War II , the company

952-429: Was 600 metres (1,969 ft), and trains "flew" at an altitude of 15 millimetres (0.59 in). The line operated successfully for nearly eleven years, but obsolescence problems with the electronic systems, and a lack of spare parts, made it unreliable in its later years. The system last operated on 18 June 1995 after an investigation concluding the cost of reinstating and maintaining the Maglev to be too high. Initially

986-493: Was also sold to George Wimpey later that same year. During 2003, its affordable housing division was sold via a management buy-out . In December 2006, John Laing plc was acquired by the private equity arm of Henderson Group . During June 2007, a 50:50 joint venture between Laing Rail and MTR Corporation , London Overground Rail Operations , was awarded the London Overground concession. Several months later,

1020-476: Was fully automated and used an elevated concrete guideway, much of which has been reused for the current Air-Rail Link system. Initial feasibility studies for a link from the airport to the railway station and exhibition centre were started in 1979 by the owners of the airport at that time, West Midlands County Council . The selected solution was based on experimental work commissioned by the British government at

1054-752: Was in excess of £1 billion. However, as the company celebrated its 150th anniversary in 1998, it faced falling profits following significant losses on certain construction contracts (including the Cardiff Millennium Stadium , the National Physical Laboratory , a disastrous PFI scheme in Teddington , west London, and No 1 Poultry in the City of London ), and sustained problems within its construction division related to competition and overcapacity. Accordingly, in 2001,

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1088-466: Was kept by the Laing family to live in. Both the family and the business later moved near Carlisle . When James Laing died in 1882, his son, John Laing (born in 1842) took over the running of the company. John began to undertake larger contracts, but opted to confine the business' activities to the Carlisle area. John's son, John William Laing , (born in 1879) was working for the business before he

1122-461: Was one of the contractors involved in building the Mulberry harbour units. Its activities during the conflict, as well in the immediate years of reconstruction following it, greatly bolstered the company's reputation. During 1950, William Kirby Laing and John Maurice Laing , the fifth generation of the founding family, joined the company. John Laing & Sons was listed for the first time on

1156-475: Was sold to Deutsche Bahn . John Laing was part of the Agility Trains consortium that was awarded the Intercity Express Programme contract in 2012. In October 2013, the company sold its facilities management business to Carillion . The John Laing Environmental Fund was established in 2014. During February 2015, the company was listed on the London Stock Exchange again. In September 2021, KKR completed

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