Friday, August 20, 2010

Stockholm taps Bombardier for FLEXITY trams

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Bombardier Transportation said Friday it has received anorder from Norwegian financial services group DnB NOR (DnB NOR) for the delivery of six Bombardier FLEXITY Classic trams intended for service on a historic tram route in Stockholm, Sweden. The trams will be leased by Stockholm County Transit Authority (SL). The order is valued at about $27 million.

The new equipment will be used on the inner city tram line called Spårväg City, a historic route that will resume commercial service after several years of heritage tram traffic. Delivery of the FLEXITY Classictrams is scheduled between March and July 2011.

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Bombardier says it also has been able to facilitate the immediate lease of six trams in order to enable commercial operation to start as soon as Monday, August 23. This deal is the result of Bombardier and SL’s close cooperation with two public transit authorities, Sweden's Norrköpings Spårvägar (NSAB) and Germany's Stadtwerke Verkehrsgesellschaft Frankfurt am Main (VGF), together with DnB NOR’s financial services. Until the new trams are delivered, Bombardier and DnB NOR have reached agreements with NSAB and VGF for the rental of three used trams from each operator.

Klas Wåhlberg,  president of Bombardier Transportation Sweden, said in a statement, “Having grown and developed alongside SL for over a century, I am pleased that we were able to realize this unconventional tram lease solutionenabling SL to commence operation of the renewed Spårväg City line nearly one year ahead of scheduled delivery of the new trams. I am grateful to the traffic operators of Norrköpings and Frankfurt and to our financial partner DnB NOR for making this unique arrangement possible.

“We are proud to be able to deliver six more vehicles to Stockholm, as this order confirms that SL is satisifed with the quality and service provided by Bombardier and underscores our capability as a provider of light rail solutions,” Wåhlberg added.