Bombardier wins $244 million contract from Abellio Rail

Tue Jun 7, 2016 8:12am EDT
 
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(Reuters) - Canadian aircraft and train maker Bombardier Inc (BBDb.TO: Quote) won a contract to supply 43 trains to European rail operator Abellio Rail Südwest GmbH for about 215 million euros ($244 million).

The company said the trains would be inducted on the Stuttgart regional network in Germany from June 2019.

Bombardier expects to supply all of the trains by 2020.

(Reporting by Manish Parashar in Bengaluru; Editing by Saumyadeb Chakrabarty)

 
Visitors look at Global 7000 Bombardier aircraft replica during the European Business Aviation Convention & Exhibition (EBACE) at Cointrin airport in Geneva, Switzerland, May 24, 2016.  REUTERS/Denis Balibouse