Bombardier Awarded $208-Million Maintenance Services
Contract by Spanish National Railways
MONTREAL, QUEBEC--FEBRUARY 25, 2004 - 10:02 ET
A consortium comprising Bombardier
Transportation and Patentes Talgo was awarded a $433-million Cdn
(258 million Euros) services contract by the Spanish National
Railways (RENFE). Bombardier's share in the contract is
approximately $208 million Cdn (124 million Euros). Under the
contract, Bombardier and Patentes Talgo will maintain RENFE's
fleet of 16 AVE(i) 102 very high-speed trains for a period of 14
years.
During the announcement, Rik Dobbelaere, President, Services,
Bombardier Transportation, said "This award, which encompasses
one of the most advanced very-high speed trains in the world,
contributes to consolidate Bombardier's leadership position in
the services area of our business."
Within this services contract Bombardier will be responsible for
the preventive and corrective maintenance of the train power
heads, power supply, signalling and propulsion system and
auxiliaries.
Bombardier, together with Talgo, is currently producing RENFE's
fleet of 16 AVE 102 trains which will be used on Spain's
high-speed line which runs between Madrid, Barcelona and the
French border town of Le Perthus. Deliveries of the trains
started in October 2003 and are scheduled to end in December
2004. Bombardier Transportation's scope of supply within the
vehicle production comprises of the development and manufacture
of the lightweight very-high-speed power heads, including all
electrical equipment, propulsion system and bogies. Bombardier
also participates in the final assembly and testing of the
trainsets.
The characteristic shape of the AVE 102 power head was developed
in a wind tunnel. Its special design decreases the pressure waves
that occur when a train passes through tunnels and reduces the
effect of crosswinds. Although certified for a maximum speed of
330 km/h (per contractual request) the AVE 102 still holds
considerable reserves: in December 2002 the pre-series train,
developed by Bombardier and Talgo, set the railway speed record
in Spain, reaching a top speed of 362 km/h.
About Bombardier
A world-leading manufacturer of innovative transportation
solutions, from regional aircraft and business jets to rail
transportation equipment, Bombardier Inc. is a global corporation
headquartered in Canada. Its revenues for the fiscal year ended
Jan. 31, 2003 were $21.2 billion Cdn and its shares are traded on
the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and
BBDd.F). News and information are available at
www.bombardier.com.
N.B. Fiscal year 2002-03 revenues have been restated following
the sale of the recreational products business.
(i) AVE is a trademark of RENFE
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