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Bombardier Delivers Final Super Voyager to Virgin Trains in the UK.


Business Editors

MONTREAL--(BUSINESS WIRE)--Oct. 14, 2002

Bombardier Transportation Bombardier Transportation is the rail equipment division of the Bombardier group. Bombardier Transportation is the world’s largest company in the rail equipment manufacturing and servicing industry. Its headquarters are in Berlin.  (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:BBD BBD

In currencies, this is the abbreviation for the Barbados Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
.A)(TSX:BBD.B) celebrated a major success today when the final Super Voyager tilting train A tilting train is a train with a mechanism that enables increased speed on regular railroad tracks. As any vehicle rounds a curve at speed, independent objects inside it exert centrifugal force since their inherent momentum forward no longer lies along the line of the vehicle's  was delivered to Virgin Trains - on time and to the contractual delivery date. At a ceremony at Bombardier's Central Rivers maintenance facility, the last of 78 Voyager and Super Voyager trains was handed over to Virgin, finally marking the transformation of the "Cinderella" CrossCountry network into a "Princess" amongst railways.

Chairman of Bombardier Transportation, Jean-Yves Leblanc, said: "I would like to take this opportunity to pay tribute to the teams of staff from Bombardier, Virgin Trains and Railtrack who have all worked closely together to make this project the undoubted success that it is. This has truly been a successful partnership and the introduction of Voyagers and Super Voyagers onto the CrossCountry network has been one of the smoothest and most trouble-free launches of a fleet of new trains ever seen!"

Super Voyagers are the first tilting trains in the UK to obtain the authorisation to tilt in commercial service. The 44 tilting Super Voyager units operate on Virgin's CrossCountry routes and will soon help to cut journey times and bring the quality and sophistication so·phis·ti·cate  
v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates

v.tr.
1. To cause to become less natural, especially to make less naive and more worldly.

2.
 of tilting trains to Britain's travelling public for the very first time. In addition, 34 non-tilting voyager units are already bringing new levels of comfort, safety and sophistication to passengers across Britain.

The $2.6-billion plus contract awarded to Bombardier from Virgin Trains in December 1998 was for the design, supply and maintenance of 78 trainsets. The maintenance portion of the contract includes for Bombardier to provide maintenance services for the CrossCountry fleet through the life of the Virgin CrossCountry Virgin CrossCountry (VXC) is the branch of Virgin Trains that operates express train services all over Great Britain. Routes

Code Route Rollingstock
VT1 South West of England through Birmingham to the North West and Scotland Voyager
 franchise to 2012. The rolling stock rolling stock

Any of various readily movable transportation equipment such as automobiles, locomotives, railroad cars, and trucks. Rolling stock generally makes good collateral for loans because the equipment is standardized and easily transportable among
 accounted for approximately $955 million and the maintenance portion represented about $1.64 billion. The 352 cars were manufactured at Bombardier Transportation's facilities located in the United Kingdom, France and Belgium.

Speaking at the ceremony. Chris Green Chris Green may refer to:
  • Chris Green (writer), British writer
  • Chris Green (author), American writer
  • Chris Green (football player), NFL defensive back
  • Chris Green (theologian), British evangelical author and pastor
, Chief Executive of Virgin Trains, commented: "Bombardier promised in May 2001 to deliver a new train every week and they have done just that. You have restored the rail industry's faith that new trains can still be made to 'work out of the box' and we salute your achievement."

Bombardier Transportation is the global leader in the rail equipment manufacturing and servicing industry. Its wide range of products includes passenger rail cars and total transit systems. It also manufactures locomotives, freight cars, propulsion & controls and provides rail control solutions.

Bombardier Inc., a diversified manufacturing and services company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized mo·tor·ize  
tr.v. mo·tor·ized, mo·tor·iz·ing, mo·tor·iz·es
1. To equip with a motor.

2. To supply with motor-driven vehicles.

3. To provide with automobiles.
 recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montreal, Canada, the Corporation has a workforce of some 80,000 people in 24 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2002 stood at $21.6 billion Cdn. Bombardier trades on the Toronto, Brussels and Frankfurt stock exchanges Frankfurt Stock Exchange

The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS.
 (BBD, BOM and BBDd.F).

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Publication:Business Wire
Geographic Code:4EUUK
Date:Oct 14, 2002
Words:515
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