3/12/2023 0 Comments Bombardier trainsThe reliability and flexibility of the platform has proven it can transform travel in different markets. “Our tried and tested joint venture means we’ve been able to work in partnership to expand the benefits of the ETR 1000 fleets, beyond Italy to France and Spain. Our aspiration is to do more and continue to advance high speed train technology and the benefit they can offer passengers around the world.”ĭes McKeon, VP Sales UK & Ireland, Global Head of Regional & Intercity, Bombardier Transportation, Bombardier said: Using our combined expertise, the high speed train is setting the standards for across Europe. “The ETR 1000’s success is a fantastic testament to our joint venture and partnership with our customers. Nick Hughes, Sales Director, Hitachi Rail said: The service has boosted jobs and economic growth and has increased the proportion of journeys on the key Milan-Rome route made by train by 7.4% (pre-Covid-19). Journey times have been cut dramatically and the fleet has helped transport 350 million people on Trenitalia’s high speed services in 10 years from 2009-2019. Its technical success has allowed it to transform train travel between Italy’s densely populated major cities since it entered service in June 2015. Integration with the latest signalling systems (European Traffic Control Systems) ![]() Highest environmental standards – it is the quietest very high speed train and the electric power it draws produces just 24 micrograms of carbon per passenger km Up to four travel classes, including an executive meeting roomĬapacity for 460 passengers in the 200m long train, which can run in dual formation The key features of the ETR 1000 include: Combined with a follow-on order from Trenitalia for 14 trains, including maintenance services, valued at €575 million, will take the total number of high speed trains to 87. The recent announcement of an €797million order from Trenitalia will see 23 trains – operated by independent Spanish train operator Intermodalidad de Levante SA (ILSA) – connect key Spanish cities, including Madrid, Barcelona and Seville. Its popularity means it has seen two further orders. The ETR 1000 has been designed and manufactured to travel on the main European railway networks. At an early stage Hitachi and Bombardier formed a single, integrated engineering team to lead the design work, while manufacturing is centred in Hitachi Rail’s Pistoia factory, near Florence. The partnership began in 2010, when Hitachi and Bombardier confirmed their joint venture to build 50 trains for Italy’s largest operator Trenitalia in a €1.54bn deal. It has had such an impact that the ETR 1000 – named Frecciarossa 1000 by Trenitalia or Red Arrow in English – is a key benchmark for new high speed fleets in the UK and across Europe. The ten year partnership has resulted in a transformational train and has set new standards in comfort, reliability and its positive economic benefits. In September 2020, Alstom signed with Bombardier Inc and CDPQ the purchase agreement at a revised price, lower than initially estimated.Hitachi Rail and Bombardier Transportation today celebrated a decade of working together delivering ETR 1000 trains, the fastest-ever in-service train in Europe, capable of achieving 400km/h. On January 29, 2021, Alstom announced the completion of Bombardier Transportation acquisition. Given that Bombardier is subject to confidentiality obligations, it will abstain from commenting further on these proceedings unless required by applicable law. ![]() In its request for arbitration, Alstom is alleging that Bombardier is in breach of certain contractual provisions.īombardier says that it “has good grounds to defend itself against Alstom’s claim and intends to do so vigorously”.Īs noted in its press release dated January 29, 2021, Bombardier also intends to challenge certain purchase price adjustments which resulted in proceeds from the transaction being lower than initially estimated.Īrbitration proceedings could last several years. announced that it has received a notice from Alstom requesting arbitration before the International Chamber of Commerce pursuant to the agreement relating to the sale by Bombardier of its Transportation business on January 29, 2021. One day before the public announcement made by the French company, Bombardier Inc. ![]() breaches certain contractual provisions of the sale and purchase agreement dated September 16, 2020.Īlstom did not disclose details on the alleged breaches as the “arbitration proceedings are confidential” and will not make further comments during the legal proceeding. The French rolling stock manufacturer claims that Bombardier Inc. Alstom has filed a request for arbitration before the International Chamber of Commerce regarding its acquisition of Bombardier Transportation.
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