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Be the first with the news that moves the market- Transport company, Bombardier (TSX:BBD.B) has received an order for 11 more of its OMNEO Premium electric trains
- The C$248 million order came from the French National Railway Company (SNCF), on behalf of the Normandy region
- Bombardier previously received a $375 million order for an initial 16 trains from the SNCF, on May 16
- The company expects to deliver the first trains of the order at the end of 2023
- Bombardier (BBD.B) is down 0.53 per cent and is currently trading at 47 cents per share
Transport company, Bombardier (TSX:BBD.B) has received an order for 11 more of its OMNEO Premium electric trains.
The purchase order came from the French National Railway Company (SNCF), on behalf of the Normandy region. Normandy is financing 100 per cent of the purchase, which is worth approximately C$248 million.
This order is a follow-up to an earlier order from the SNCF, which Bombardier received on May 16. The previous order, worth approximately $375 million, asked for 16 of the company’s OMNEO Premium trains.
Even further back in November 2016, Bombardier received an order for 40 OMNEO trains. In January 2020, the company started delivering that initial order of trains, which have already entered commercial operation.
The OMNEO Premium trains are double-deck, electric multiple unit trains, which provide extra space and comfortable fittings. Both first and second class provide passengers with two armrests, reclining seats, a reading light, USB and power plugs, and a table.
President of Bombardier Transportation France, Laurent Bouyer, commented on the quality of the trains ordered for Normandy.
“Passengers will discover a new style of train travel with the Bombardier OMNEO Premium. Our engineers have focused on allowing ample space for passengers, more seats, and highly comfortable interior fittings.
“Designed and manufactured at our site in Crespin in the Hauts-de-France region, these trains are certified ‘Origine France Garantee’,” he said.
France’s Normandy region intends to roll out the trains on frequently used lines linking Paris to Vernon-Rouen and Evreux-Serquigny.
The Normandy region is the first to order Bombardier’s OMNEO trains, although ten French regions have since ordered OMNEO and Regio 2N trains.
The company expects to start delivering the first trains of the new order at the end of 2023.
Bombardier (BBD.B) is down 0.53 per cent, and trading at 47 cents per share at 1:27pm EDT.
