It’s no secret that the aging Walt Disney Monorail system is showing its age with each passing incident. But the multi-million dollar question seems to be “When will Disney do something about it?”
Are they actually going to replace the monorails, as has been rumored? Or are they going to continue to patch up the existing fleet, which is now many years beyond its 20 year shelf life?
According to a new report by WDW News Today, it would appear that Disney has not ordered a new monorail system — at least not from Bombardier.
But yet, it seems that Disney hasn’t, in fact, ordered a new fleet of monorails from Bombardier. A somewhat esoteric but far-reaching accounting standard called IFRS 15, which is an International Financial Reporting Standard promulgated by the International Accounting Standards Board, took effect in January 2018. This new standard deals with how companies recognize revenue from contracts with customers. In accordance with this standard, Bombardier must report “significant orders” from customers in its quarterly financial reports. Based on the past several quarterly reports and the 2017 annual report, these “significant orders” tend to be contracts of about $100 million or more.
I think it’s safe to assume that a new fleet of monorails for Walt Disney World would cost at least $100 million. If a new fleet would actually cost less than that, then shame on Disney for not upgrading the fleet sooner.
The article goes on to speculate that Disney may have actually ordered new monorails from a different company: Hitachi. Hitachi provided the monorail system for Tokyo Disneyland, so it’s possible. But they suggest that it could easily take an additional 3-4 years for the fleet to arrive.
Since Disney has not officially announced anything regarding a new monorail fleet — and are spending a ton of money elsewhere on transportation projects like the Skyliner — it’s most likely that Disney hasn’t ordered new monorails for Walt Disney World yet, and Guests will have to make due in the interim.
Below is our initial video reaction to the rumor that the Walt Disney World Monorail System fleet would be replaced sooner rather than later.
What do you think? Do you think the monorails are past due for a refresh? Do you think the safety concerns have been blown out of proportion? Comment below and let us know!
[Source: WDW News Today]
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