For Use On New European Corridors
With the order for 60 BOMBARDIER* TRAXX* locomotives plus options from pan-European leasing company, Angel Trains, Bombardier Transportation has won another major locomotive order in the field of private customers. The current order, including a combination of TRAXX AC, DC and MS locomotives, is worth approximately 225 million euros ($316 million US). The exercise of the options is expected imminently upon successful conclusion of lease contract discussions which are currently ongoing.
The new electric locomotives will run in cross-border traffic on different European routes, including the new corridors between Austria and Hungary, as well as between Sweden and Norway. The platform strategy of the TRAXX vehicle family, and consequently the high percentage of common components makes it particularly economic for use throughout Europe. Due to their modular construction, the final configuration of the locomotives can be smoothly adapted to the respective areas of use and their infrastructure.
Final production of the multi-system and AC locomotives will take place in Bombardier’s Kassel plant, with the DC locomotives being assembled in the Italian plant at Vado Ligure. Bodyshells will be produced at Bombardier’s WrocÅaw site in Poland, bogies in Siegen, and propulsion and control systems, based on proven BOMBARDIER* MITRAC* technology, in Mannheim.
Angel Trains already has a total of 100 TRAXX family locomotives, which its specialist leasing subsidiary, Angel Trains Cargo, has placed across Europe with a variety of rail freight operators. Including this latest order, the portfolio of TRAXX locomotives purchased by Angel Trains now amounts to 160 locomotives, comprising seventy AC locomotives (known in their core German market as the BR 145/185 series), twenty DC locomotives (known in their Italian market as the E 483) and seventy four-voltage multi-system locomotives, equipped for key European freight corridors between Germany, Poland, Netherlands and Italy.
Tim Jackson, International Director, Angel Trains said: “This significant new order will enable us to support the development of some core clients to whom we already lease diesel and electric traction and to extend our geographic reach into new territories or operators. The flexibility and quality of the TRAXX product matches well with our own aspirations as a committed, entrepreneurial and professional partner of Europe’s rail freight sector.”
“We are delighted to receive this further major order from Angel Trains. In addition to its cost-effectiveness and reliability, the success of our TRAXX product family can be attributed to its universal adaptability. This means that, we, together with our customers, can make a important contribution to the joint growth of European rail transport” emphasised Edmund Schlummer, President of Bombardier Transportation’s Locomotives Division.
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Background facts and figures
About Bombardier Transportation
Bombardier Transportation has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. The Group offers the broadest product portfolio and is recognized as the leader in the global rail sector.
A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com.
About Angel Trains
Angel Trains is a leading lessor of railway rolling stock in the UK and in Continental Europe, with aggregate investments of over € 6 billion. It has its group headquarters in London and other offices in Antwerp, Cologne, Derby, Madrid and Rome. Angel Trains is a wholly-owned subsidiary of The Royal Bank of Scotland Group, one of Europe’s leading financial services groups.
BOMBARDIER, TRAXX and MITRAC are trademarks of Bombardier Inc. or its subsidiaries.
FOR FURTHER INFORMATION PLEASE CONTACT:
David Slack: + 1 450 441 3190
Jürgen Kornmann: + 49 30 986 07 1138
Fiona Flannery: +41 44 318 29 91
Central and Eastern Europe
Vicki Luther: + 49 30 986 07 1139
Jonny Hedberg: + 46 8 681 5062
Alexander Bocharov: + 7 495 775 1830
UK, Ireland, Australia, New Zealand, other countries
Neil Harvey: + 44 1332 266470
Benelux and France
Anne Froger: + 33 6 07 78 95 38
Spain, Portugal, Italy, Greece, Turkey, India
Luis Ramos: + 35 1 919 693 728
Angel Trains Group
Head of Corporate Communications
Direct Line:+44 (0)20 7592 0525
Mobile: +44 (0)7767 642 930