Bombardier Transportation reported its 3Q19 financial results, and among the highlights are consolidated revenues of $3.7 billion, representing 8% organic growth, and a consolidated adjusted EBITDA and adjusted EBIT of $255 million and $159 million, respectively.
Bombardier Transportation recently appointed John Saabas as its Head of Engineering and Technology.
Bombardier Transportation recently announced that it has signed a new contract worth $220 million with the City and County of San Francisco to provide 10 years of operations and maintenance services—with an option for five additional years—for the Bombardier Innovia APM 100 automated people mover (APM) system at San Francisco International Airport (SFO).
Bombardier Transportation recently announced that it is opening a rail car assembly site in Pittsburg, Calif.
Bombardier Aerostructures and Engineering Services President Danny Di Perna, who joined the company in mid-2018, has replaced Laurent Troger as President of Bombardier Transportation. The change is part of an overall leadership restructuring at Bombardier Inc.
Bombardier Transportation made it official, announcing it has signed a contract for 113 Multilevel III commuter rail cars with New Jersey Transit worth as much as $669 million.
By 2026, provided the procurement is fully funded and all options are exercised, New Jersey Transit—empowered by an infusion of much-needed funding by Governor Phil Murphy following a starvation diet imposed by his predecessor, Chris Christie—will have replaced its entire fleet of aging single-level cars with nearly 650 new Multilevels, many of which will be powered electric vehicles, the first of their type in North America.
Design and planning work continues on Hamilton’s 10-mile (14-kilometer) LRT line, despite ongoing political uncertainty over the project’s future. Meanwhile, the planned and approved expansion of GO Train service to Grimsby, St. Catherines and Niagara Falls has experienced a recent potential setback. And on Oct. 30, the author, representing Railway Age, visited the Bombardier Transportation rail division plant at Millhaven, Ontario, located a short distance west of Kingston.
Société de Transport de Montréal (STM) has exercised a $340 million (C$448 million) option on an October 2010 contract with the consortium of Bombardier Transportation and Alstom for 153 additional AZUR rubber-tired metro cars, configured as 17 nine-car trainsets. Bombardier’s share is valued at $213 million (C$281 million), Alstom’s at $127 million (C$167 million).
Bombardier Transportation has appointed Elliot G. (Lee) Sander as President of its Americas Region, effective Nov. 19, 2018. In addition to ensuring that the company “delivers on its commitments in the region,” Sander will oversee all sales and business development activities for Bombardier Transportation in the Americas.