Bombardier to Build 28 Additional SkyTrain Vehicles for TransLink in Vancouver

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 19, 2016) -

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Rail technology leader Bombardier Transportation announced today that TransLink, Metro Vancouver's regional transportation authority, has exercised options for the purchase of an additional 28 next-generation BOMBARDIER INNOVIA Metro 300 vehicles for service on the Vancouver SkyTrain network. This order is valued at $93 million CAD ($69 million US, 67 million euro). Production is scheduled to start in the third quarter of 2017 and final delivery is expected in the fourth quarter of 2018.

With the supply of this new order of next-generation automated vehicles, Bombardier will support TransLink's efforts to open new lines and bring additional capacity, by carrying up to 3,640 more people on the SkyTrain network at a time - for more than a 12% increase. The leading-edge design of the INNOVIA Metro 300, that skillfully merges style and functionality, offers the quality of service and enhanced passenger experience necessary to help increase ridership and improve regional mobility in growing urban centres. Bombardier's customers can count on market-leading reliability, with INNOVIA vehicles providing best-in-class on-time performance and lowest maintenance costs per km in the industry.

"We are proud of our long-standing partnership with TransLink", said Benoît Brossoit, President, Bombardier Transportation, Americas Region. "By providing close to 300 high-quality, leading-edge vehicles, Bombardier has been an ally in the development of public transit in the Greater Metro Vancouver Area for over 30 years, servicing close to a billion passenger trips in that period. Today, our commitment to the region remains as strong as ever."

"Our SkyTrain is the world's longest driverless, automated rapid transit system and the additional 28 new Mark III SkyTrain cars will provide sorely needed additional capacity." said Kevin Desmond, CEO of TransLink. "The new trains, like the seven other Mark IIIs we recently put into service, will offer a quieter, more comfortable ride for our customers, big windows to show off SkyTrain's great views of Metro Vancouver, room for bikes and strollers, and the ability to walk from one end of the train all the way down to the other."

The latest generation of INNOVIA Metro 300 trains is designed with sustainability in mind. Equipped with Linear Induction Motor (LIM) propulsion technology, the trains are energy efficient for lower operating costs while providing passengers with a smooth and comfortable ride. As a part of Bombardier's effort to design for the environment, the trains are built from highly recyclable materials and fitted with the latest energy saving regenerative braking technology.

Bombardier is the most prominent supplier of transportation systems in the world. Its extensive, industry-leading, experience and knowledge has been amassed for more than 30 years through the development and implementation of more than 65 turnkey projects. Bombardier's expertise includes project management, systems engineering and integration, subsystem engineering, procurement, operations and maintenance, and rolling stock manufacturing.

With a workforce of more than 4,000 highly qualified employees and three manufacturing sites, Bombardier Transportation is the only global rail manufacturer with an important presence in Canada. Every day, millions of Canadians in Montréal, Ottawa, Toronto and Vancouver rely on Bombardier urban rail vehicles and services to provide comfortable, safe and reliable public transit.

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 39,400 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 Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability North America Index. In the fiscal year ended December 31, 2015, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

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