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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 Fineganon Mar 19, 2014 10:01am
224 Views
Post# 22340285

Contract for TRAXX Diesel Locomotives

Contract for TRAXX Diesel Locomotives

Bombardier : Signs First Order with Private Customer for TRAXX Diesel Multi-Engine Locomotives

03/19/2014 | 09:08am US/Eastern
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  • Delivery of 15 locomotives scheduled for 2015
  • Contract volume approximately 60 million euro plus service contract

Rail technology leader Bombardier Transportation and the special purpose company Paribus-DIF-Netz-West-Lokomotiven GmbH & Co. KG (Paribus-DIF) have signed a contract for the delivery of 15 BOMBARDIER TRAXX Diesel Multi-Engine locomotives. This is the first time that a private customer has ordered the innovative TRAXX DE ME locomotives.

The total contract value based on the list price is approximately 60 million euro (83 million US). The contract includes an option of up to five additional locomotives. An additional service contract for the adaption of modern control electronics in cab cars, valued at approximately 5 million euro (8 million US), was signed with Paribus-DIF-Netz-West-Waggon GmbH & Co. KG, a sister company of Paribus-DIF-Netz-West-Lokomotiven GmbH & Co. KG.

Delivery of the locomotives for Paribus-DIF is scheduled for 2015. Paribus-DIF is a joint venture of the German investment management company Paribus Capital GmbH and the Dutch Infrastructure Fund (DIF), a Europe-focused institutional investor in infrastructure assets. Paribus' subsidiary Northrail GmbH will provide all asset management services to the joint venture. Paribus-DIF was chosen in a tender by the Landesverkehrsgesellschaft Schleswig-Holstein (LVS) to lease the locomotives to an operator also being selected by the LVS. The operator will deploy the new vehicles to transport passenger trains from Hamburg to Westerland/Sylt.

The locomotives are designed for speeds of up to 160 km/h. The multi-engine concept enables four simultaneously working engines to be controlled individually to maximize energy efficiency. This means that the TRAXX Diesel Multi-Engine locomotive requires less diesel fuel than other locomotives with corresponding overall power. It meets the Stage IIIB emission standards, providing more environmentally friendly operation while also emitting less noise.

Production of the locomotives will take place at Bombardier's Kassel plant in Germany. The carbodies will be produced at Bombardier's Wrocław site in Poland, the bogies at its Siegen site in Germany, while the Propulsion and Controls equipment will be manufactured at its Mannheim and Hennigsdorf sites, also in Germany.

The locomotives are powered by BOMBARDIER MITRAC traction converters offering unmatched reliability. The sophisticated MITRAC control system offers safe and energy efficient traction power for sustainable mobility. MITRAC equipment drives more than 3,000 locomotives globally.

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