French National Railways (SNCF) said Wednesday it is in exclusive negotiations with Bombardier Transportation to acquire a significant order of up to 860 BiLevel high speed rail cars, worth up to $11.98 billion.
SNCF hopes to reach agreement by next February, and would expect the first cars to enter service in 2013. An initial order of 135 cars would be worth roughly $2 billion.
Bombardier Transportation spokesman Talal Zouaui said, “We put together and proposed an offer that is very competitive.”
Bombardier’s chief competition is Levallois-Perret, France-based Alstom SA, which landed a separate $2.4 billion contract from SNCF last month.
The new cars would replace aging rolling stock in several regions, including Aquitaine, Brittany, and Provence-Alpes-Cote d’Azur.