Bombardier Transportation
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Bombardier Transportation

November 22, 2006 11:57 ET

Bombardier Transportation France Signs a $3.5 Billion US Contract with French National Railways 'SNCF' to Supply 372 Trains for the Greater Paris / Ile-de-France Suburban Network

MONTREAL, QUEBEC--(CCNMatthews - Nov. 22, 2006) - Bombardier Transportation signed a contract today with French National Railways (SNCF) for the supply of 372 trains to be used on the Greater Paris / Ile-de-France suburban network. The total contract is valued at $3.5 billion US (2.7 billion euros). The initial firm order for 172 trains is valued at $1.4 billion US (1.4 billion euros). Deliveries of trains should start in November 2009 and continue to 2015. Bombardier Transportation was selected as the preferred bidder for the future Ile-de-France commuter train on October 25, 2006.

Bombardier Transportation's future Ile-de-France commuter train is an articulated train featuring extra-wide carriages which provide an unusually large internal volume for passengers, wide seats and especially wide doors to increase the ease and speed of passenger movement. Each train consists of seven or eight carriages in a single unit and it can also be operated as a double or triple unit. The capacity of the trains will vary from 800 to 1,000 passengers, depending on the configuration and layout. The new train is designed for maximum comfort, safety and security and is based on Bombardier's proven technology already in commercial service, providing a high level of reliability.

The train will be designed, manufactured and built at the French site of Bombardier Transportation, located in Crespin in the Valencienne region. Bombardier Transportation France will sub-contract part of this contract to Alstom Transport. This work will include engineering and design studies to be carried out by the Alstom engineering team in Reichshoffen and the construction of intermediate carriages and bogies in their Reichshoffen and Le Creusot factories.

Commenting on this announcement, Andre Navarri, the President of Bombardier Transportation, said: "We are proud to have won this contract, one of the largest ever, awarded by one of the world's leading rail operators. I'd like to express our sincere thanks jointly to the President of the SNCF, Mrs. Anne-Marie Idrac, and to the President of the Ile-de-France region, Mr. Jean-Paul Huchon. I'd also like to thank the teams from SNCF and the Transport Authority of Ile-de-France (STIF) for their outstanding efforts in managing a very complex tender process, starting in 2004 and continuing up to completion today, and for their determination to respond as quickly as possible to the increasing need for modern, reliable and comfortable transport for the Greater Paris population. We at Bombardier are happy to contribute to this ambitious policy by delivering innovative, rapid, new trains in which the level of comfort and amenity will transform the daily travel of passengers in the Paris region - at recognized standards of operational economy."

In France, Bombardier Transportation operates primarily at its Crespin factory in the Valenciennes region, which employs 1,600 people and is the leading French manufacturing site in the railway industry. Bombardier Transportation is involved in all TGV (high-speed rail) programs. The group manufactures a wide range of rolling stock for public transport. Among these products are the MF2000 vehicles for the Paris metro, the Marseille, Nantes and Saint-Etienne tramways, and the recent RER (commuter train) vehicles. Bombardier is a major player in regional transportation with its TER2N NG railcars and the AGC (Autorail Grande Capacite/high-capacity rail liner) which 21 French regions have ordered to date. Bombardier Transportation is recognized as a global partner of the transport authorities in France.

The Bombardier Transportation Group has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of approximately 97,000 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, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2006, were $14.7 billion US and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com.

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