Bombardier and Austrian Federal Railways Sign Framework Agreement for up to 300 TALENT 3 Trains

Bombardier and Austrian Federal Railways Sign Framework Agreement for up to 300 TALENT 3 Trains

ID: 515133

(Thomson Reuters ONE) -
Bombardier Transportation /
Bombardier and Austrian Federal Railways Sign Framework Agreement for up to 300
TALENT 3 Trains
. Processed and transmitted by Nasdaq Corporate Solutions.
The issuer is solely responsible for the content of this announcement.

* First call-off for 21 new BOMBARDIER TALENT 3 regional trains
* New trains offer increased accessibility, bicycle storage, state-of-the art
passenger information system and higher passenger capacity
BERLIN, GERMANY--(Marketwired - Dec 29, 2016) - Note to editors: To view the
photos associated with this press release, please visit the following links:

http://media3.marketwire.com/docs/161228_BBD_Cityjet-HauptbahnhofNacht_01.jpg

http://media3.marketwire.com/docs/161228_Wiese%2bCityjet-Retusche-RK-01.jpg

Rail technology leader Bombardier Transportation and the Austrian Federal
Railways (OBB) have signed on December 27 a framework agreement covering the
delivery of up to 300 BOMBARDIER TALENT 3 trains. The total amount of the
framework contract is valued at a list price of approximately 1.8 billion euro
($1.9 billion US) and it gives OBB the opportunity to make several call-offs for
trainsets used for regional and suburban rail transport.

The first call-off order under the framework contract, also signed on December
27 is for 21 TALENT 3 trains and is valued at a list price of approximately 150
million euro ($156 million US). These new regional trains are to be delivered in
2019 and are expected to enhance local passenger transport capacity for both
daily commute and leisure passengers, strengthening the essential link between
rural and urban areas in Austria's Vorarlberg region and neighbouring countries.

"This framework agreement represents a huge success for Bombardier," said
Christian Diewald, Managing Director of Bombardier Transportation Austria GmbH.




"OBB is one of Europe's most renowned and punctual railways. With the TALENT 3
train they have chosen a product with high acceleration power and an exceptional
reliability, which will help them maintaining their ambitious train schedules in
geographically demanding regions."

The new generation of TALENT 3 electric multiple units offer modern operational
flexibility, low energy consumption and significantly reduced life cycle costs.
With the widest carbody in class, the TALENT 3 train allows for up to 50% more
seating capacity compared to its predecessor generation and enables fastest
passenger exchange as well as maximum travelling comfort. In total, about 1.400
trains of the TALENT family are already in service in Europe and Canada, of
which 187 vehicles are operated by OBB in Austria.

With the broadest portfolio in the industry, Bombardier Transportation has a
strong and growing footprint in Austria, reaching from tram vehicles in major
cities as Linz, Innsbruck and Graz and light rail transit trainsets for Vienna's
metro line U6 to commuter trains for OBB and locomotives for several private
cargo companies operating throughout the entire country. Bombardier
Transportation employs 550 people at its site in Vienna.

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 Montreal, 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 (at)Bombardier.

Notes to Editors

For news releases, related material and photos, visit our media centre at
www.bombardier.com/en/media-centre.html. Please subscribe to our RSS Feed to
receive press releases or follow Bombardier Transportation on Twitter
(at)BombardierRail.

Bombardier, TALENT and The Evolution of Mobility are trademarks of Bombardier
Inc. or its subsidiaries.

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



Contact Information

Contacts:
Simone Fankhauser
Media Relations Austria & Switzerland
+43 (0) 1 25 110-338
simone.fankhauser(at)rail.bombardier.com

Group Media Relations
+49 30 98607 1687
press(at)rail.bombardier.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Bombardier Transportation via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 29.12.2016 - 11:30 Uhr
Sprache: Deutsch
News-ID 515133
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