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Bombardier to Provide 40 TRAXX Locomotives and Long-Term Fleet Maintenance to TX Logistik

PR-Inside.com: 2017-12-28 14:21:01

Bombardier Transportation / Bombardier to Provide 40 TRAXX Locomotives and Long-Term Fleet Maintenance to TX Logistik . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

- TX Logistik to be first customer to order new innovative TRAXX Multi-System locomotives

- Part of Europe's most modern four-axle locomotive platform, the cross-border TRAXX MS3 locomotive operates under all four main European catenaries.

- Contract includes 15 - year fleet maintenance agreement and options for up to 25 additional locomotives

BERLIN, GERMANY--(Marketwired - Dec 28, 2017) -

Note to editors: To view the photo associated with this press release, please visit the following link: Bombardier to Provide 40 TRAXX Locomotives and Long-Term Fleet Maintenance to TX Logistik

Rail technology leader Bombardier Transportation and European rail transport company TX Logistik have signed at Bombardier's site in Kassel a contract for 40 innovative BOMBARDIER TRAXX MS3 (Multi-System) locomotives. The contract includes a 15 years fleet maintenance agreement with preventive and corrective maintenance that will provide TX Logistik a higher operational fleet reliability and availability. Based on the list price, the contract for the 40 locomotives and the 15 years fleet maintenance is valued at 250 million euro (297 million USD). The contract also includes an option for up to 25 additional locomotives. Deliveries are planned to start in summer 2019.

Michael Fohrer, President Locomotives & Light Rail Vehicles and Chairman of the Management Board, Bombardier Transportation GmbH Germany, emphasized: "The TRAXX MS3 is based on the successful TRAXX platform with more than 1,750 locomotives in operation across Europe - and its cross-border function gives operators the ability to work across nearly all of continental Europe. Together with our launch customer TX Logistik, we are proud to introduce the TRAXX MS3 to the market. The included 15-years service contract with Bombardier Transportation Germany will ensure superior reliability and highest availability of the fleet."

Bombardier's TRAXX locomotive platform consists of the TRAXX AC3 locomotive (alternating current), TRAXX DC3 locomotive (direct current) as well as the TRAXX MS3 locomotive (multi-system, all main currents in Europe). It has many strengths from operator's view: Amongst other things, it can pull one additional waggon per train compared to other locomotives of the same performance class. Its energy costs are low due to reduced energy consumption depending on the operational loads and because of its regenerative braking system. Regarding the TRAXX MS3 locomotive, the latest signalling technology is introduced offering dynamic transitions at country borders or signalling system changes.

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 37,150 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, 2016, we posted revenues of $16.3 billion. News and information are available at bombardier.com or follow us on Twitter @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 @BombardierRail.

Bombardier and TRAXX are trademarks of Bombardier Inc. or its subsidiaries.

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

Contact Information

Group Media Relations
Bombardier Transportation
+49 30 98607 1687
press@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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