Bombardier Transportation
TSX : BBD.A
TSX : BBD.B

Bombardier Transportation

November 09, 2007 08:15 ET

Bombardier Awarded Fleet Operations Contract With GO Transit in Toronto

Commuter Rail System One of Largest in North America

BERLIN, GERMANY--(Marketwire - Nov. 9, 2007) - Bombardier Transportation announced today it has received a contract to supply fleet operations services for the Greater Toronto Transit Authority (GO Transit) commuter rail system serving the city of Toronto and surrounding regions. The five-year contract, valued at an estimated 95 million euros ($140 million US, $130 million CDN), includes options for up to 15 additional years. Should GO Transit exercise all available options, the contract could reach an estimated value of 353 million euros ($519 million US, $483 million CDN).

GO Transit oversees one of the premier urban public transit systems in North America, carrying approximately 49 million passengers each year on bus and commuter rail services. It's rail transit system moves an estimated 165,000 passengers each weekday via 181 trains, seven lines, 57 stations and rail routes totalling more than 360 kilometers.

"We are very pleased to be extending our successful relationship with GO Transit, " said William Spurr, President, Bombardier Transportation - North America. "This is one of the most vibrant commuter rail operators in the Americas and a very important customer for our rapidly growing rail services business."

Bombardier has provided maintenance services to GO Transit's fleet of coaches and locomotives for more than a decade. Bombardier also supplied more than 400 BiLevel commuter rail coaches that make up the transit authority's commuter rail fleet. BOMBARDIER(i) BiLevel(i) coaches are produced in Ontario, Canada at production facilities in Thunder Bay.

Under the contract, Bombardier will be responsible for train operations as well as management of train crews on six of GO Transit's seven commuter rail lines. Bombardier is scheduled to assume train operations in June 2008 and will begin preparations for the transition immediately. Bombardier will be recruiting for more than 100 train operator positions and several supervisory jobs.

"Our number one commitment is to manage a smooth transition and see that the thousands of commuters who rely on GO Transit each day get to their destinations safely and on time," said Mike Hardt, Vice President, Rail Services for Bombardier Transportation - North America. "We look forward to getting started."

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Useful company background facts and contact details follow.

Background facts and figures

Bombardier Rail Services in the Americas

- Bombardier's rail services business provides fleet maintenance and/or operations services for commuter rail systems in Los Angeles, Boston, New Jersey, Ottawa, Miami, San Diego and Sao Paulo, Brazil.

- Bombardier also provides equipment overhaul and refurbishment services for rail vehicles and components. Current projects are being carried out for transit authorities in New York, Boston, Maryland, Cleveland, Salt Lake City and Sao Paulo.

- Bombardier also supplies operations and maintenance services for fully automated rail systems and people movers in 12 North American cities.

About Bombardier Transportation

Bombardier Transportation has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. The Group offers the broadest product portfolio and is recognized as the leader in the global rail sector.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com.

BOMBARDIER and BiLevel are trademarks of Bombardier Inc. or its subsidiaries.

Contact Information

  • Americas
    David Slack
    + 1 450 441 3190
    or
    Germany, Austria, Central and Eastern Europe
    Jurgen Kornmann
    + 49 30 986 07 1138
    or
    Switzerland
    Fiona Flannery
    +41 44 318 29 91
    or
    Nordic Countries
    Jonny Hedberg
    + 46 8 681 5062
    or
    Russia
    Alexander Bocharov
    + 7 495 775 1830
    or
    UK, Ireland, Australia, New Zealand, other countries
    Neil Harvey
    + 44 1332 266470
    or
    Benelux and France
    Anne Froger
    + 33 6 07 78 95 38
    or
    Spain, Portugal, Italy, Greece, Turkey, India
    Luis Ramos
    + 35 1 919 693 728