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The move follows Metra’s board approval in January 2021 to award Alstom a vehicle procurement contract for up to 500 railcars.
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As previously announced, the headquarters of Alstom of the Americas will be based in Montréal, Québec.
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The transaction reinforces Alstom’s position in the North American signaling market by combining the companies’ advanced technology products and engineering capabilities to the benefit of transit agencies and operators across the U.S. and Canada.
Read More →The company joins The Valuable 500, a network of global CEOs committed to ensuring disability inclusion in business leadership.
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The Coradia iLint is fully approved for the Austrian network after successfully completing three months of passenger operation testing with Austrian Federal Railways.
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The cars will form a single uninterrupted train for passengers, serving the mobility of Greater Montreal.
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Following positive progress on antitrust regulation process, the closing of the transaction is now expected for Q1 2021, subject to regulatory approvals and customary closing conditions, with an extraordinary shareholders’ meeting to be held in October.
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Closing of the acquisition of Bombardier Transportation remains on track for the first half of 2021.
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Initially created to enable a standardized European cross-border rail traffic, the use of ETCS is set to safely increase speed, reliability, and capacity.
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The series of tests is being performed at night at up to about 87 miles per hour without passengers.
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