BERLIN, GERMANY -- (Marketwire) -- 12/21/12 -- Rail technology leader Bombardier Transportation announced today that Ontario's Metrolinx/GO Transit has exercised options for 10 years of fleet operations and maintenance services for its commuter rail system serving the city of Toronto and surrounding regions. The total value of these two contracts, which are extended to 2023, is approximately $927 million CDN ($937 million US, 707 million euro).
A division of Metrolinx, GO Transit is the regional public transit service for the Greater Toronto and Hamilton area, carrying 62 million passengers a year. GO runs 187 train trips and 2,075 bus trips daily, transporting about 226,300 passengers on a typical weekday - 175,300 on the trains and 51,000 by bus. Since service began in the late 1960s, more than a billion riders have taken the GO Train or Bus - to work or school, to go home, or for leisure activities.
"GO Transit is one of the most vibrant commuter rail operators in North America and has been a huge success story for more than 40 years. For Bombardier, being part of this success is more than gratifying," said Raymond Bachant, President, Bombardier Transportation North America. "This extension confirms once more Bombardier's leadership position as a services provider for passenger rail fleets in North America and worldwide. Our strong services portfolio complements our innovative products and technologies, allowing us to form a true partnership with our customers throughout the entire product life cycle."
Bombardier has provided fleet maintenance services to GO Transit since 1997 and operations since 2008 and has also supplied more than 600 BOMBARDIER BiLevel rail coaches that make up the transit authority's commuter rail fleet. BiLevel coaches are manufactured at production facilities in Thunder Bay, Ontario. The BiLevel car is the most popular multi-level commuter rail car in North America, with operations in 14 major cities across Canada and the United States.
About Bombardier Transportation Services in North America
Bombardier Transportation, a global leader in rail technology, offers the broadest portfolio in the rail industry and delivers innovative products and services that set new standards in sustainable mobility. The company has a long-standing track record of providing operations and maintenance services to transit systems across North America, including Agence Metropolitaine de Transport in Montreal, the Massachusetts Bay Transportation Authority, New Jersey Transit, North County Transit District in California, OC Transpo in Ottawa, the South Florida Regional Transit Authority and the Southern California Regional Rail Authority. Bombardier also recently won an order from Maryland Transit Administration and supports transit systems with overhaul and refurbishment programs and material and technology solutions.
Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.
Bombardier is headquartered in Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America indexes. In the fiscal year ended December 31, 2011, we posted revenues of $18.3 billion USD. News and information are available at bombardier.com or follow us on Twitter @Bombardier.
Note to Editors
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