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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things -- Ignore unavailable to you. Want to Upgrade?

To: Gilbert Drapeau who wrote (1050)	10/11/2002 10:23:17 PM
From: Al Collard	Respond to of 1177

Bombardier wins $508M order to supply subway cars to Mexico City MONTREAL (CP) - Bombardier Transportation has won a tentative $508-million contract to supply subway cars to Mexico City's transit authority, part of a 405-car deal that also involves CAF of Spain. The contract with Sistema de Transporte Colectivo-Metro, worth $761 million in total to Bombardier and CAF, still needs a final "notice to proceed," which is expected in a few weeks, Bombardier said late Friday in a release. Delivery of 45 trainsets consisting of nine cars each would start in the fall of 2004 and continue until mid-2006. Bombardier Transportation in Mexico - employing almost 1,100 people in Ciudad Sahagn, 80 kilometres north of Mexico City - will be responsible for the manufacturing, testing and commissioning of 28 trainsets and for the design and production of 810 rubber-tire rail cars. The car shells and train designs are to be developed jointly with CAF. Bombardier Transportation is a global leader in rail equipment manufacturing and servicing. Its products include passenger rail cars and total transit systems. It also makes locomotives, freight cars, propulsion and controls. Parent company Bombardier Inc. of Montreal makes business jets, regional aircraft, rail transport equipment and motorized recreational products. It has a workforce of 80,000 people in 24 countries throughout the Americas, Europe and Asia-Pacific, and its revenue for the fiscal year ended Jan. 31 totalled $21.6 billion. On the Toronto stock market Friday, Bombardier class-B shares (TSX:BBDB - news) rose 20 cents to $3.85.

To: Gilbert Drapeau who wrote (1050)	10/14/2002 5:09:19 PM
From: Gilbert Drapeau	Read Replies (2) \| Respond to of 1177

Bombardier Delivers Final Super Voyager to Virgin Trains in the UK MONTREAL, QUEBEC--OCTOBER 14, 2002 - 15:50 EDT Bombardier Transportation celebrated a major success today when the final Super Voyager tilting train was delivered to Virgin Trains - on time and to the contractual delivery date. At a ceremony at Bombardier's Central Rivers maintenance facility, the last of 78 Voyager and Super Voyager trains was handed over to Virgin, finally marking the transformation of the "Cinderella" CrossCountry network into a "Princess" amongst railways. Chairman of Bombardier Transportation, Jean-Yves Leblanc, said: "I would like to take this opportunity to pay tribute to the teams of staff from Bombardier, Virgin Trains and Railtrack who have all worked closely together to make this project the undoubted success that it is. This has truly been a successful partnership and the introduction of Voyagers and Super Voyagers onto the CrossCountry network has been one of the smoothest and most trouble-free launches of a fleet of new trains ever seen!" Super Voyagers are the first tilting trains in the UK to obtain the authorisation to tilt in commercial service. The 44 tilting Super Voyager units operate on Virgin's CrossCountry routes and will soon help to cut journey times and bring the quality and sophistication of tilting trains to Britain's travelling public for the very first time. In addition, 34 non-tilting voyager units are already bringing new levels of comfort, safety and sophistication to passengers across Britain. The $2.6-billion plus contract awarded to Bombardier from Virgin Trains in December 1998 was for the design, supply and maintenance of 78 trainsets. The maintenance portion of the contract includes for Bombardier to provide maintenance services for the CrossCountry fleet through the life of the Virgin CrossCountry franchise to 2012. The rolling stock accounted for approximately $955 million and the maintenance portion represented about $1.64 billion. The 352 cars were manufactured at Bombardier Transportation's facilities located in the United Kingdom, France and Belgium. Speaking at the ceremony. Chris Green, Chief Executive of Virgin Trains, commented: "Bombardier promised in May 2001 to deliver a new train every week and they have done just that. You have restored the rail industry's faith that new trains can still be made to 'work out of the box' and we salute your achievement." Bombardier Transportation is the global leader in the rail equipment manufacturing and servicing industry. Its wide range of products includes passenger rail cars and total transit systems. It also manufactures locomotives, freight cars, propulsion & controls and provides rail control solutions. Bombardier Inc., a diversified manufacturing and services company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montreal, Canada, the Corporation has a workforce of some 80,000 people in 24 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2002 stood at $21.6 billion Cdn. Bombardier trades on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).