Bombardier to supply 70 trams to Zurich

Fri Mar 3, 2017 9:47am EST
 
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(Reuters) - Canadian plane and train maker Bombardier Inc (BBDb.TO: Quote) said on Friday it had signed a deal to deliver 70 trams to Zurich's public transport authority at a base price of about 300 million Swiss francs ($297.06 million).

The contract includes an option for Zurich to buy 70 more of Bombardier's Flexity-branded trams, the company said.

The first vehicles will be delivered at the end of 2019.

Bombardier has so far sold about 1,600 Flexity trams worldwide, the company said.

(Reporting by John Benny in Bengaluru; Editing by Sai Sachin Ravikumar)

 
An employee works on a new regional transport train at the Bombardier plant in Crespin, near Valenciennes, northern France, October 17, 2016. REUTERS/Benoit Tessier