Bom­bardier signs $128M (U.S.) train deal with Akiem

Bom­bardier Inc. has signed two con­tracts with Akiem worth $128-mil­lion (U.S.) for 33 Bom­bardier Traxx lo­co­mo­tives.

Stockwatch Daily - - FRONT PAGE - Mr. Peter Am­mann re­ports

ROLLING STOCK leas­ing com­pany Akiem and Bom­bardier Inc.’s Bom­bardier Trans­porta­tion have signed two con­tracts un­der frame con­tracts to de­liver a to­tal of 33 Bom­bardier Traxx lo­co­mo­tives. Based on their list price, the two firm or­ders are val­ued at a com­bined to­tal of 112 mil­lion eu­ros ($128-mil­lion (U.S.)). Sched­uled for de­liv­ery be­tween 2019 and 2021 at the lat­est, the 33 Traxx lo­co­mo­tives will con­sist of a mix of Traxx MS 2 (mul­ti­sys­tem), Traxx AC 3 (al­ter­nat­ing cur­rent) and Traxx DC3 (di­rect cur­rent) lo­co­mo­tives.

Fa­bien Rochefort, chief ex­ec­u­tive of­fi­cer of Akiem Group, said: “This ad­di­tional batch of 33 Traxx lo­co­mo­tives meets our cus­tomers’ de­mand across Eu­rope. With a fleet of 180 Traxx by 2020, we are strength­en­ing our abil­ity to de­liver re­li­able, ef­fi­cient, safe and cost-ef­fec­tive trac­tion ser­vices ex­pected by both pas­sen­ger and freight op­er­a­tors. This fruit­ful part­ner­ship with Bom­bardier Trans­porta­tion en­ables Akiem Group in­dus­trial teams to de­sign and de­liver tailor-made ser­vices and main­te­nance so­lu­tions across Eu­rope. We are mak­ing our group a ma­jor long-term, re­li­able part­ner and added-value provider for the rail­way trans­port in­dus­try in Eu­rope.”

Peter Am­mann, head of ecosys­tem freight cor­ri­dors, Bom­bardier Trans­porta­tion, added: “We are very pleased to have re­ceived th­ese ad­di­tional lo­co­mo­tive or­ders from Akiem, fur­ther strength­en­ing our part­ner­ship with this im­por­tant cus­tomer. We in­tro­duced our ver­sa­tile Traxx lo­co­mo­tives plat­form 18 years ago and since then have con­tin­u­ously in­no­vated and im­proved its fea­tures. With over 2,200 units sold, the plat­form has demon­strated its suc­cess. With th­ese re­cent or­ders, Akiem will own a fleet of 180 Traxx lo­co­mo­tives; the cus­tomer con­tin­ues to ben­e­fit from this mix­ture of per­for­mance, ex­pe­ri­ence and per­ma­nent evo­lu­tion.” The Bom­bardier Traxx 3 plat­form is the most mod­ern four-axle lo­co­mo­tive plat­form in Eu­rope. Its three mod­els, Traxx AC3, Traxx MS3 and Traxx DC3, all of­fer op­tional last mile func­tion, a sup­port diesel en­gine which bridges non-elec­tri­fied sec­tions. The Traxx MS lo­co­mo­tive plays a cru­cial role in the de­vel­op­ment of economies in Eu­rope. De­signed to op­er­ate on Eu­rope’s four main rail sup­ply volt­ages — 15-kilo­volt and 25 kV AC as well as 1.5 and three kV DC — it of­fers the nec­es­sary flex­i­bil­ity and in­ter­op­er­abil­ity to man­age in­ter­na­tional rail trans­port across the con­ti­nent.

About Bom­bardier Trans­porta­tion

Bom­bardier Trans­porta­tion is a global mo­bil­ity so­lu­tion provider lead­ing the way with the

rail in­dus­try’s broad­est port­fo­lio. It cov­ers the full spec­trum of so­lu­tions, rang­ing from trains to sub­sys­tems and sig­nalling to com­plete turnkey trans­port sys­tems, e-mo­bil­ity tech­nol­ogy, and data-driven main­te­nance ser­vices. Com­bin­ing tech­nol­ogy and per­for­mance with em­pa­thy, Bom­bardier Trans­porta­tion con­tin­u­ously breaks new ground in sus­tain­able mo­bil­ity by pro­vid­ing in­te­grated so­lu­tions that cre­ate sub­stan­tial ben­e­fits for op­er­a­tors, pas­sen­gers and the en­vi­ron­ment. Head­quar­tered in Ber­lin, Ger­many, Bom­bardier Trans­porta­tion em­ploys around 39,850 peo­ple and its prod­ucts and ser­vices op­er­ate in over 60 coun­tries.

About Bom­bardier Inc. With over 69,500 em­ploy­ees across four busi­ness seg­ments, Bom­bardier is a global leader in the trans­porta­tion in­dus­try, cre­at­ing in­no­va­tive and game-chang­ing planes and trains. The com­pany’s prod­ucts and ser­vices pro­vide world-class trans­porta­tion ex­pe­ri­ences that set new stan­dards in pas­sen­ger com­fort, en­ergy ef­fi­ciency, re­li­a­bil­ity and safety. With over 69,500 em­ploy­ees across four busi­ness seg­ments, Bom­bardier is a global leader in the trans­porta­tion in­dus­try, cre­at­ing in­no­va­tive and game-chang­ing planes and trains. Our prod­ucts and ser­vices pro­vide world-class trans­porta­tion ex­pe­ri­ences that set new stan­dards in pas­sen­ger com­fort, en­ergy ef­fi­ciency, re­li­a­bil­ity and safety. Head­quar­tered in Mon­treal, Canada, Bom­bardier has pro­duc­tion and en­gi­neer­ing sites in 28 coun­tries across the seg­ments of Trans­porta­tion, Busi­ness Air­craft, Com­mer­cial Air­craft, and Aerostruc­tures and En­gi­neer­ing Ser­vices. Bom­bardier shares are traded on the Toronto Stock Ex­change (BBD). In the fis­cal year ended De­cem­ber 31, 2017, Bom­bardier posted rev­enues of $16.2 bil­lion US. News and in­for­ma­tion are avail­able at bom­bardier.com or fol­low us on Twit­ter @Bom­bardier .

Pierre Beau­doin, Alain Belle­mare, Joanne Bis­son­nette, J R An­dre Bom­bardier, Martha Finn Brooks, Jean-Louis Fon­taine, Di­ane Giard, Au­gust W Hen­ningsen, Pierre Mar­couiller, Dou­glas R Ober­hel­man, Vikram Pan­dit, Car­los E Repre­sas, Antony N Tyler, Beatrice Weder di Mauro (BBD) Shares: 2,124,668,878

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