Bombardier and Austrian Federal Railways Sign Fram

• First call-off for 21 new BOMBARDIER TALENT 3 regional trains

• New trains offer increased accessibility, bicycle storage, state-of-the art passenger information system and higher passenger capacity

BERLIN, GERMANY--(Marketwired - Dec 29, 2016) - Note to editors: To view the photos associated with this press release, please visit the following links:

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Rail technology leader Bombardier Transportation and the Austrian Federal Railways (OBB) have signed on December 27 a framework agreement covering the delivery of up to 300 BOMBARDIER TALENT 3 trains. The total amount of the framework contract is valued at a list price of approximately 1.8 billion euro ($1.9 billion US) and it gives OBB the opportunity to make several call-offs for trainsets used for regional and suburban rail transport.

The first call-off order under the framework contract, also signed on December 27 is for 21 TALENT 3 trains and is valued at a list price of approximately 150 million euro ($156 million US). These new regional trains are to be delivered in 2019 and are expected to enhance local passenger transport capacity for both daily commute and leisure passengers, strengthening the essential link between rural and urban areas in Austria's Vorarlberg region and neighbouring countries.

"This framework agreement represents a huge success for Bombardier," said Christian Diewald, Managing Director of Bombardier Transportation Austria GmbH. "OBB is one of Europe's most renowned and punctual railways. With the TALENT 3 train they have chosen a product with high acceleration power and an exceptional reliability, which will help them maintaining their ambitious train schedules in geographically demanding regions."

The new generation of TALENT 3 electric multiple units offer modern operational flexibility, low energy consumption and significantly reduced life cycle costs. With the widest carbody in class, the TALENT 3 train allows for up to 50% more seating capacity compared to its predecessor generation and enables fastest passenger exchange as well as maximum travelling comfort. In total, about 1.400 trains of the TALENT family are already in service in Europe and Canada, of which 187 vehicles are operated by OBB in Austria.

With the broadest portfolio in the industry, Bombardier Transportation has a strong and growing footprint in Austria, reaching from tram vehicles in major cities as Linz, Innsbruck and Graz and light rail transit trainsets for Vienna's metro line U6 to commuter trains for OBB and locomotives for several private cargo companies operating throughout the entire country. Bombardier Transportation employs 550 people at its site in Vienna.

About Bombardier Transportation

Bombardier Transportation is a global leader in rail technology and offers the broadest portfolio in the industry. It covers the full spectrum of rail solutions, ranging from trains to sub-systems and signalling. The company also provides complete transport systems, e-mobility technology and maintenance services. As an innovation driver, Bombardier Transportation continuously breaks new ground in sustainable mobility. It provides integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 39,400 people and its products and services operate in over 60 countries.

About Bombardier

Bombardier is the world's leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability North America Index. In the fiscal year ended December 31, 2015, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier .

Notes to Editors

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Contact Information

Contacts: Simone Fankhauser Media Relations Austria & Switzerland +43 (0) 1 25 110-338 simone.fankhauser@rail.bombardier.com Group Media Relations +49 30 98607 1687 press@rail.bombardier.com