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14.12.2017 13:16:09

Bombardier Wins Rolling Stock and Maintenance Contracts for c2c Franchise in the UK

Bombardier Transportation / Bombardier Wins Rolling Stock and Maintenance Contracts for c2c Franchise in the UK . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

- Fleet of 60 AVENTRA vehicles to add capacity and improve journeys for commuters into London

- Additional contract will see Bombardier maintenance service teams ensure more reliable service

BERLIN, GERMANY--(Marketwired - Dec 14, 2017) - Note to editors: To view the photo associated with this press release, please visit the following link: BOMBARDIER AVENTRA trains for UK's c2c rail franchise network

Rail technology leader Bombardier Transportation has signed a contract with Porterbrook and c2c, to supply 60 new BOMBARDIER AVENTRA vehicles for use on the United Kingdom's c2c rail franchise, together with an eight-year maintenance and support services contract.

The overall value of the rolling stock and maintenance contracts are valued at approximately 105 million GBP (120 million euro, $140 million US). The maintenance contract will run from the introduction of the trains until November 2029.

Rail Minister Paul Maynard said: "We are making the biggest investment in the railways since Victorian times to meet the growing demand for rail travel and improve both journey times and passenger comfort. These British-built Bombardier trains, which are coming into service earlier than planned, will provide much needed extra capacity for thousands of passengers across London and Essex, and also come with facilities such as Wi-Fi, air-conditioning and plug sockets."

Ernesto Sicilia, Managing Director, Trenitalia UK said: "We are delighted to announce this deal, which demonstrates our focus on long-term investments in the UK market and our desire to constantly improve the standing of our trains and to deliver visible and valuable improvements on our services. Since our entrance in the UK market the original new trains' investment plan, which included a phased delivery from 2019 to 2024, has been accelerated overall and we are extremely proud that the new fleet will start to be delivered from summer 2021, three years earlier than what was originally planned."

Richard Hunter, UK Managing Director, Bombardier Transportation, said, "Our modern AVENTRA trains are proving ever more popular and this order will help transform the travel experience for c2c passengers and deliver almost 20% more capacity to c2c's fleet. This important contract win demonstrates Bombardier is the first choice when it comes to delivering high quality, transportation products and services, and value-adding long-term solutions for our customers. It's yet another endorsement of our workforce and the quality of the products we design, engineer, manufacture and service in the UK."

Bombardier will deliver and 60 electric carriages by September 2021, made up of 100mph 10 x 6-car trains. Built at Bombardier's facility in Derby, the AVENTRA product family platform has the flexibility to meet several market segment needs and complements the fleets that have already been ordered for Transport for London's Elizabeth line (Crossrail), London Overground's LOTRAIN, and the South Western, Greater Anglia and West Midlands franchises. The trains will join the existing Bombardier-built and maintained ELECTROSTAR fleet on the c2c network.

About Bombardier Transportation

Bombardier Transportation is a global leader in rail technology and offers the broadest portfolio in the industry. It covers the full spectrum of rail solutions, ranging from trains to sub-systems and signalling. The company also provides complete transport systems, e-mobility technology and maintenance services. As an innovation driver, Bombardier Transportation continuously breaks new ground in sustainable mobility. It provides integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 37,150 people and its products and services operate in over 60 countries.

About Bombardier

Bombardier is the world's leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montreal, Canada and our shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2016, we posted revenues of $16.3 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

About c2c

c2c is the award-winning train operator running services between Fenchurch Street and Shoeburyness, serving 26 stations in East London and South Essex. Owned by Trenitalia, c2c is one of the UK's most punctual and popular train operators and over 46m journeys are made on our services every year.

Italian-based Trenitalia is one of Europe's leading rail operators and the passenger rail arm of FS Italiane Group. Trenitalia manages passenger services with long haul connections, both on high speed (Frecciarossa) and conventional lines, and regional and metropolitan services. Overall FS Italiane Group runs 8,000 trains a day, serving 600 million passengers and carrying 50 million tons of freight a year, over a network exceeding 16,700 kilometres.

Notes to Editors

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Bombardier, AVENTRA and ELECTROSTAR are trademarks of Bombardier Inc. or its subsidiaries.

You can also contact one of our worldwide contacts for specific press inquiries.

Contact Information

Contacts:
Will Tanner
Communications, United Kingdom
+44 1332 251238
will.tanner@rail.bombardier.com

Group Media Relations
+49 30 98607 1687
press@rail.bombardier.com




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Source: Bombardier Transportation via Globenewswire

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Bombardier Transportation
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