Bombardier Transportation
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Bombardier Transportation

August 12, 2009 05:11 ET

Bombardier and LNVG Sign New Maintenance Contract for Locomotives and Double-deck Coaches

BERLIN, GERMANY--(Marketwire - Aug. 12, 2009) - Bombardier Transportation has received a maintenance contract from the Landesnahverkehrsgesellschaft Niedersachsen mbH (LNVG) in Lower Saxony, Germany for two BOMBARDIER TRAXX locomotives and 34 double-deck intermediate and driving coaches. This order is worth around 19 million euros ($26 million US) and will run until 2022.

The duration of existing maintenance contracts between Bombardier and LNVG have now also been standardized. They will run until 2022, increasing the value of these contracts by approximately 41 million euros ($57 million US).

Altogether, the LNVG fleet, to be maintained by Bombardier Transportation, will consist of 40 TRAXX locomotives and 220 double-deck intermediate and driving coaches.

The fleet will operate in regional transport on various routes in Lower Saxony.

"Bombardier Transportation has done a great job and its high levels of availability and reliability have contributed to passenger satisfaction. Passenger numbers have, as a result, also increased substantially. Our follow-up order is due to this excellent partnership," said Hans-Joachim Menn, spokesperson for LNVG management.

"This is a great achievement for us. With this order, LNVG is once again showing their trust in Bombardier as a quality manufacturer and service provider," commented Laurent Troger, President of Bombardier Transportation Services Division.

About Bombardier Transportation

Bombardier Transportation, the global leader in rail technology, offers the broadest portfolio in the rail industry and delivers innovative products and services that set new standards in sustainable mobility. BOMBARDIER ECO4 technologies - built on the four cornerstones of energy, efficiency, economy and ecology - conserve energy, protect the environment and help to improve total train performance. Bombardier Transportation is headquartered in Berlin, Germany and has a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from commercial 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, 2009, were $19.7 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.

About Landesnahverkehrsgesellschaft Niedersachen (LNVG)

LNVG is a transport enterprise of the region of Lower Saxony and is responsible for the planning and financing of regional rail transport. It commissions the rail companies to implement transportation and allocates means of transport for various regional transport projects. It leases the rail vehicles necessary to carry out these transport services to the rail transport companies, including the metronom rail company, from its own LNVG vehicle pool.

Note to Editors

Photos are available on our web site at: http://www.transportation.bombardier.com.

BOMBARDIER, TRAXX and ECO4 are trademarks of Bombardier Inc. or its subsidiaries.

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