Bombardier to Provide 54 Additional TWINDEXX Vario Double-Deck Coaches to Israel Railways

Bombardier Transportation / Bombardier to Provide 54 Additional TWINDEXX Vario Double-Deck Coaches to Israel Railways . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

- Sixth order will increase Israel Railways' fleet of Bombardier-built double-deck TWINDEXX Vario coaches to 512

- Trainsets to be operated on the new, electrified Tel Aviv - Jerusalem line

BERLIN, GERMANY--(Marketwired - Jan 3, 2018) -

Note to editors: To view the photos associated with this press release, please visit the following links:

BOMBARDIER TWINDEXX Vario for Israel Railways - Photo 1 & BOMBARDIER TWINDEXX Vario for Israel Railways - Photo 2

Rail technology leader Bombardier Transportation signed a contract on December 31 to provide 54 additional BOMBARDIER TWINDEXX Vario double-deck coaches to Israel Railways (ISR). This call-off is part of a framework agreement signed in October 2010 and is valued at approximately 104 million euro ($126 million US). Delivery of the new coaches is scheduled to be completed by August 2020.

"The new coaches will be fully compatible for revenue operation on ISR's first electrified line, the A1, which connects Tel-Aviv and Jerusalem. Together, ISR and Bombardier teams collaborated closely to develop the necessary technical adjustments required to enable the trains to operate in tunnels and on electrified lines. We also considered local and international standards to ensure and further increase safety for both operator and passengers, while keeping comfort in mind", said Mr. Avi Zalman, Head of Development and Engineering Rolling Stock Division, Israel Railways."

"We look forward to Bombardier continuing the on-time and on-quality delivery of our double-deck coaches so we can provide the expected reliability and availability for this important new A1 line", he added.

Yossi Daskal, Chief Country Representative Israel, Bombardier Transportation, said, "Israel Railways' vision of an electrified network is becoming a reality. We are proud to continue playing such a major role in their ongoing modernization by providing our modern double-deck coaches. Together with ISR we will continue transforming this growing market and meeting its increasing need for public transport."