December 12, 2018 / 5:34 PM / a year ago

Canada's Via Rail picks Siemens for new contract, Bombardier loses out

Dec 12 (Reuters) - Bombardier Inc on Wednesday missed out on its second contract in Canada this year after state-owned Via Rail picked Germany’s Siemens AG for fulfilling a fresh order of locomotives.

Via Rail said on Wednesday it gave Siemens Canada a C$989 million ($741.49 million) contract to replace its current fleet operating in the Quebec City-Windsor Corridor.

In February, Bombardier lost a C$1 billion contract to France’s Alstom SA to provide rail cars for one of the world’s biggest light rail systems in Montreal, a project led and financed by its biggest shareholder.

Bombardier was not immediately available for comment. ($1 = C$1.33) (Reporting by Allison Lampert and Nivedita Bhattacharjee; Editing by Shounak Dasgupta)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below