Bombardier Wins Contract to Extend People Mover System in Phoenix

Bombardier Transportation / Bombardier Wins Contract to Extend People Mover System in Phoenix . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

- Bombardier APM technology recognized as high performer at Phoenix Sky Harbor International Airport and leading airports worldwide

- Eight of the ten busiest airports in the United States have chosen Bombardier for their automated transit systems

BERLIN, GERMANY--(Marketwired - Mar 22, 2018) - Note to editors: To view the photo associated with this press release, please visit the following link:

The BOMBARDIER INNOVIA APM 200 for the Phoenix Sky Train

Rail technology leader Bombardier Transportation announced today that it has been awarded a contract by the City of Phoenix for an extension to the PHX Sky Train® automated people mover (APM) system at Phoenix Sky Harbor International Airport. The agreement represents Stage 2 of the system and covers a 2.5-mile extension to the airport's rental car center, two new stations, an expansion of the system's maintenance facility, and the supply of 24 additional BOMBARDIER INNOVIA APM 200 vehicles. The contract is valued at approximately $305 million US (248 million euro) and includes options for three additional vehicles as well as for various vehicle retrofits and upgrades.

Benoit Brossoit, President, Americas Region, Bombardier Transportation said, "We are delighted to be part of Phoenix Sky Harbor International Airport's modernization and expansion program and to help support the airport in meeting its future mobility solutions requirements. We place great value on our long-term relationship with our valued customer. As both the supplier and operator of the automated people mover system, we are confident that our INNOVIA technology will continue to provide exceptional service."

Under contracts awarded in 2009 for Stage 1 of the system, Bombardier designed and supplied all electrical and mechanical equipment, including the highly-proven BOMBARDIER CITYFLO 650 automatic train control technology, a maintenance facility, and a fleet of 18 INNOVIA APM 200 vehicles. In addition, Bombardier has provided operations and maintenance services since the system opened in 2013, transporting travelers 24 hours a day, 365 days a year.