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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Post by venbuyon Jan 23, 2010 1:19pm
395 Views
Post# 16711468

Bombardier gets Hungarian train contract

Bombardier gets Hungarian train contract

This is January 21st news and is also shown on www.bombardier.com web site.

Bombardier Inc. said Hungary has placed an order worth $112 million US for 25 trains as it seeks to boost energy efficiency and replace old locomotives at the state-run railway.

MAV-Trakcio, the Hungarian State Railway Company, will take delivery of the first Bombardier Traxxx P 160 trains in spring 2011, Bombardier’s transportation unit said in a statement. The contract includes an option for a further 25 locomotives, it said.

“The new locomotives will contribute to the modernization and energy effectiveness of the Hungarian railways,” said Imre Markus, chief executive of Mav-Trakcio.

“They will enable Mav-Trakcio to reduce maintenance costs and continue to fulfill more contractual obligations for international corridors.”

The trains are intended for passenger service in Hungary and for cross-border transport to Germany and Austria.

The Traxx products are designed for the transport of goods as well as passengers in national and international routes on all networks, Bombardier said.

The final assembly of the trains will take place at Bombardier’s plant in Kassel, Germany.

Bombardier’s transportation unit is headquartered in Berlin, Germany and has a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. Bombardier Inc. is headquartered in Montreal.

Bullboard Posts