💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadExplore for free

Bombardier signs 300-train deal with Austrian Federal Railways

Published 2016-12-29, 05:26 a/m
© Reuters.  Bombardier signs 300-train deal with Austrian Federal Railways
BBDb
-

Dec 29 (Reuters) - Bombardier Inc BBDb.TO said on Thursday it had signed a deal to deliver up to 300 Talent 3 trains to the Austrian Federal Railways for about 1.8 billion euros ($1.9 billion) at list prices.

Bombardier said the first 21 of the electric trains would be delivered in 2019. Talent 3 is a multiple-unit railcar that allows for up to 50 percent more seating capacity than its predecessor generation, the Montreal-based company said.

Austrian Federal Railways already operates 187 Talent-family trains. About 1,400 Talent series trains are already in service in Europe and Canada.

($1 = 0.9552 euros)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.