543 million rail contracts in London MONTREAL While Bombardier failed to land any new orders at the Paris Air Show, its railway division has secured jimmy choo trainers black glitter about US$543 million worth of contracts alone or in partnership in China and London.
Berlin based Bombardier Transportation was selected as preferred bidder in a 260 million pound (US$412.9 million) contract to provide at least 45 more London overground trains. The nearly 200 railway cars will be built at its facility in Derby with deliveries beginning in 2018. The company won an original deal to provide 57 trains starting in 2007 for a suburban rail network in Britain that serves Greater London and Hertfordshire with 111 stations on several routes. In China, Bombardier's joint venture formed with CSR Nanjing Puzhen Co. Ltd. in November signed its first contract a US$130 million deal from Shanghai Shentong Metro Co. to provide an automated people mover system. It will also share in the 50/50 partnership that will see the 44 rail cars assembled in China. The new 6.6 kilometre, elevated system with six stations will extend the jimmy choo purple shoes Shanghai Metro Line 8 to the large residential district of Pujiangzhen. It is expected to jimmy choo gold boots open in December 2017. At Paris, Bombardier's new CSeries jetliner gained some buzz but no new orders while rivals Embraer, ATR, Boeing and Airbus signed many deals. Brazil's Embraer sold 103 planes valued at US$3.3 billion while ATR received commitments for 81 turbos valued at US$1.5 billion. Analysts said Bombardier's lack of new orders was disappointing, with the only activity coming from WestJet (TSX:WJA) exercising options for six Q400s and CSeries launch customer Swiss International Airlines switching 10 of its 30 firm orders jimmy choo shoes high heels to larger CS300 aircraft. Benoit Poirier of Desjardins Capital Markets said Bombardier made a positive impression with the new aerospace executive team, the display of two CSeries aircraft and results from the plane's flight tests that were better than promised.
"However, we believe it is still disappointing given the significant orders announced by ATR and Embraer, which represent missed opportunities for Bombardier," he wrote in a report. Meanwhile, Poirier said Bombardier will likely not decide to stretch the CSeries to a CS500 model that competes more directly with Boeing and Airbus until the CS300 enters into service late next year. Commercial aerospace president Fred Cromer said there is longer term potential to develop a larger plane but the company needs to first see market demand.