Bombardier Wins Rolling Stock and Maintenance Contracts for c2c Franchise in the UK

Bombardier Transportation / Bombardier Wins Rolling Stock and Maintenance Contracts for c2c Franchise in the UK . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

- Fleet of 60 AVENTRA vehicles to add capacity and improve journeys for commuters into London

- Additional contract will see Bombardier maintenance service teams ensure more reliable service

BERLIN, GERMANY--(Marketwired - Dec 14, 2017) - Note to editors: To view the photo associated with this press release, please visit the following link: BOMBARDIER AVENTRA trains for UK's c2c rail franchise network

Rail technology leader Bombardier Transportation has signed a contract with Porterbrook and c2c, to supply 60 new BOMBARDIER AVENTRA vehicles for use on the United Kingdom's c2c rail franchise, together with an eight-year maintenance and support services contract.

The overall value of the rolling stock and maintenance contracts are valued at approximately 105 million GBP (120 million euro, $140 million US). The maintenance contract will run from the introduction of the trains until November 2029.

Rail Minister Paul Maynard said: "We are making the biggest investment in the railways since Victorian times to meet the growing demand for rail travel and improve both journey times and passenger comfort. These British-built Bombardier trains, which are coming into service earlier than planned, will provide much needed extra capacity for thousands of passengers across London and Essex, and also come with facilities such as Wi-Fi, air-conditioning and plug sockets."

Ernesto Sicilia, Managing Director, Trenitalia UK said: "We are delighted to announce this deal, which demonstrates our focus on long-term investments in the UK market and our desire to constantly improve the standing of our trains and to deliver visible and valuable improvements on our services. Since our entrance in the UK market the original new trains' investment plan, which included a phased delivery from 2019 to 2024, has been accelerated overall and we are extremely proud that the new fleet will start to be delivered from summer 2021, three years earlier than what was originally planned."