BBD.A Bombardier Inc. Cl A

Bombardier renews operations and maintenance contract for automated transit system at New York’s John F. Kennedy International Airport

Bombardier renews operations and maintenance contract for automated transit system at New York’s John F. Kennedy International Airport

  • Renewed agreement continues long-term partnership with one of the ten busiest airports in the United States
  • Latest contract highlights Bombardier’s comprehensive mobility solutions for transit systems worldwide

BERLIN, Dec. 30, 2019 (GLOBE NEWSWIRE) --

Note to editors: To view the photo associated with this press release, please visit the following link:  

Mobility solution provider Bombardier Transportation announced today that it renewed a contract with the Port Authority of New York and New Jersey to provide operations and maintenance services for the Authority’s automated transit system (AirTrain JFK) at John F. Kennedy International Airport in New York. The contract is valued at approximately $309 million US (277 million euro) and covers a period of five years.

“We greatly appreciate the confidence the Port Authority has placed in us and look forward to continuing our 16-year partnership in providing safe, reliable, customer-friendly, 24/7, 365-day service to AirTrain JFK’s growing ridership,” said Elliot G. (Lee) Sander, President, Americas Region, Bombardier Transportation. “We’re proud to offer a convenient and efficient mobility solution for JFK’s passengers and employees, not only within the airport, but between the airport and the city’s transit systems,” he continued.

Bombardier’s scope of work under the contract includes: 24-hour train operations and passenger assistance; maintenance of the vehicle fleet; maintenance of the tracks and power supply and signalling systems; and maintenance of all facilities on the system such as stations and platforms.

Bombardier was a member of the consortium responsible for designing and supplying the AirTrain JFK system, including the fleet of 32 metro vehicles, today branded as BOMBARDIER MOVIA, and has been operating and maintaining the system since its opening in December 2003. The system currently serves a total ridership of over 20 million passengers annually.

Bombardier has been designing, building, operating and maintaining automated transit systems for airports and cities around the world for nearly 50 years. In the United States, the ten busiest airports have chosen Bombardier for their transportation systems.

About Bombardier Transportation

Bombardier Transportation is a global mobility solution provider leading the way with the rail industry’s broadest portfolio. It covers the full spectrum of solutions, ranging from trains to sub-systems and signalling to complete turnkey transport systems, e-mobility technology and data-driven maintenance services. Combining technology and performance with empathy, Bombardier Transportation continuously breaks new ground in sustainable mobility by providing integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 40,650 people and its products and services operate in over 60 countries.

About Bombardier

With over 68,000 employees, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries as well as a broad portfolio of products and services for the business aviation, commercial aviation and rail transportation markets. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2018, Bombardier posted revenues of $16.2 billion US. The company is recognized on the 2019 Global 100 Most Sustainable Corporations in the World Index. News and information are available at or follow us on Twitter .

Notes to editors

For news, related material and photos, visit our newsroom at . Please subscribe to our to receive press releases or follow Bombardier Transportation on Twitter .

Bombardier and MOVIA are trademarks of Bombardier Inc. or its subsidiaries.

For information

Media relations, Americas

Maryanne Roberts



.bombardier.com
Global media relations

7

You can also contact one of our for specific press inquiries.

EN
30/12/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Bombardier Inc. Cl A

 PRESS RELEASE

Bombardier Announces Notice of Redemption for All Remaining Outstandin...

Bombardier Announces Notice of Redemption for All Remaining Outstanding 6.000% Senior Notes due 2028 MONTRÉAL, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has issued a notice of redemption (the “Notice of Redemption”) for all of its remaining outstanding 6.000% Senior Notes due 2028, in an aggregate principal amount of US$250,000,000 (the “2028 Notes”). As set forth in the Notice of Redemption, the redemption date is March 6, 2026, and the redemption price for the 2028 Notes is 100% of the principal amount redeemed, plus accrued and unpaid inte...

 PRESS RELEASE

Bombardier annonce un avis de rachat visant la totalité de ses billets...

Bombardier annonce un avis de rachat visant la totalité de ses billets de premier rang 6,000 % échéant en 2028 toujours en circulation MONTRÉAL, 19 févr. 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (« Bombardier ») a annoncé aujourd’hui l’émission d’un avis de rachat (l’« avis de rachat ») visant la totalité de ses billets de premier rang 6,000 % échéant en 2028 toujours en circulation d’un montant en capital global de 250 000 000 $ US (les « billets échéant en 2028 »). Comme il est indiqué dans l’avis de rachat, la date de rachat est fixée au 6 mars 2026 et le prix de rachat pour ces billet...

 PRESS RELEASE

Bombardier Completes Partial Redemption of US$500,000,000 of its 6.000...

Bombardier Completes Partial Redemption of US$500,000,000 of its 6.000% Senior Notes due 2028 MONTRÉAL, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has redeemed US$500 million principal amount of its outstanding 6.000% Senior Notes due 2028 (the “Redemption Notes”) as set forth in the notice of partial redemption issued December 17, 2025. This debt redemption was funded using cash from Bombardier’s balance sheet. Payment of the redemption price and surrender of the Redemption Notes for redemption are being made through the facilities of the ...

 PRESS RELEASE

Bombardier mène à bien le rachat partiel de ses billets de premier ran...

Bombardier mène à bien le rachat partiel de ses billets de premier rang 6,000 % échéant en 2028 d’un capital de 500 000 000 $ US MONTRÉAL, 17 févr. 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (« Bombardier ») a annoncé aujourd’hui qu’elle avait racheté ses billets de premier rang 6,000 % échéant en 2028 (les « billets visés par le rachat ») en circulation d’un capital global de 500 000 000 $ US, tel qu’il est énoncé dans l’avis de rachat partiel émis le 17 décembre 2025. Ce rachat de dette a été financé au moyen des flux de trésorerie de Bombardier. Le paiement du prix de rachat et la remi...

 PRESS RELEASE

Bombardier Exceeds All 2025 Guidance Metrics, Successfully Completes i...

Bombardier Exceeds All 2025 Guidance Metrics, Successfully Completes its Turnaround Plan, and Sets 2026 Guidance for Strong Year Ahead Full-year 2025 revenues surpassed guidance, growing 10% year-over-year to reach $9.55 billion. This strong performance was powered by an all-time high in Services revenues, up 13%, and 157 aircraft deliveries, an increase of 11 units year-over-year.Adjusted EBITDA(1) rose 15% year-over-year, reaching $1,559 million, with adjusted EBITDA margin(2)  expanding 60 basis points to 16.3%. Reported EBIT up 26% year-over-year at $1,108 million for the full year, dri...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch