Bombardier Receives a $99-Million Order for TGV Duplex in France
MONTREAL, QUEBEC--OCTOBER 4, 2000 - 08:08 EDT The consortium comprised of Bombardier Transportation and Alstom Transport has received from the Société Nationale des Chemins de fer Français (SNCF) an order for 22 TGV Duplex 10-car trainsets, with an option for 60 additional trainsets. Bombardier will be manufacturing the two first-class vehicles, one second-class vehicle and six carrying bogies for each trainset. Bombardier's share of the contract is valued at Cdn $99 million (74 million euros). Should the option be exercised, Bombardier's total order value would amount to approximately Cdn $363 million (275 million euros).
Bombardier Transportation, to date, has contributed to the production of 225 TGV trainsets. Between 1985 and 1992, the Company has equipped 105 TGV Atlantique trainsets, 30 two-current and 50 three-current TGV Réseau trainsets, as well as 10 TGV PBKA (Paris/Brussels/Cologne/Amsterdam) trainsets. Since December 1993, Bombardier Transportation has taken part in the manufacture of 30 TGV Duplex trainsets.
Bombardier Transportation, a world leader in the manufacturing of passenger rail cars, offers a full range of urban, suburban and intercity vehicles as well as complete rail transit systems worldwide. It also manufactures freight cars and provides operations and maintenance services.
Bombardier Inc., a diversified manufacturing and service company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It is also a provider of financial services and asset management. The Corporation employs 56,000 people in 12 countries in North America, Europe and Asia, and more than 90% of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended Jan. 31, 2000 totalled $13.6 billion. |