Bombardier Transportation: Facing the Challenge of Sustainable Mobility Worldwide
Andre Navarri speaker to the Board of Trade of Metropolitan Montreal
BERLIN, GERMANY--(Marketwire - May 8, 2012) - Before a well attended Board of Trade of Metropolitan Montreal luncheon, Andre Navarri, President and Chief Operating Officer of Bombardier Transportation, discussed his perspectives on public transit solutions and the future of passenger rail transportation.
"Based on our global experience, we at Bombardier believe that mobility is the heart of sustainable economic growth and development", said Andre Navarri to Montreal economic and business leaders. "We are seeing in most countries a unique opportunity to rethink and transform approaches to transportation. An opportunity to rebalance the three major modes of transportation - air, road and rail - to consume less energy, reduce congestion and lower pollution levels."
Mr. Navarri pointed to many regions around the globe where there were examples of initiatives to rebalance urban transport systems toward sustainable models, with some of the leaders - the Agence metropolitaine de transport (AMT), the Societe de transport de Montreal (STM) and VIA Rail located in Montreal. "The continuous increases in ridership and the level of service you've achieved clearly reflect the vision that went into planning your network. By focusing on the needs of your growing communities while providing fast transit for commuters, you set the example for many cities", continued Andre Navarri.
'Urban growth has also resulted in cities being more congested and wastes time, energy, money and creates pollution, Mr. Navarri said. He referred to Transport Canada studies which have shown that congestion costs residents and businesses between 2.2 and 3.7 billion dollars each year, in lost productivity and in wasted fuel.
Andre Navarri also cited the Quebec government's electrification initiative as an important step in facing the challenge of sustainable mobility. Currently, 50% of all public transit commutes in Quebec use an electric-powered mode of transport. Under its Action Plan, the Quebec government will put in place mechanisms to help transportation systems make a smooth transition and to reduce greenhouse gas emissions in the transportation sector. By 2030, Quebec's target is that 95% of all public transit commutes will use electricity.
The current economic situation has not stopped investment in rail. Mr. Navarri pointed out that Infrastructure stimulus and concern about climate change have increased investment around the world resulting in a high level of activity taking place in public transit worldwide.
Analysts in North America predict that over the next five years, public transit needs in major cities will double. Areas like Montreal, Ottawa, Toronto, Vancouver, New Jersey, New York, Chicago, Washington and San Francisco are making substantial investments in all segments of the rail market.
In Canada, Mr. Navarri explained that Bombardier is now delivering the latest generation of metro cars with its cutting-edge technology for Toronto. The Montreal metro project is also progressing according to schedule, he said.
About Bombardier Transportation
Bombardier Transportation, a global leader in rail technology, offers the broadest portfolio in the rail industry and delivers innovative products and services that set new standards in sustainable mobility. BOMBARDIER ECO4 technologies - built on the four cornerstones of energy, efficiency, economy and ecology - conserve energy, protect the environment and help to improve total train performance. Bombardier Transportation is headquartered in Berlin, Germany and has a very diverse customer base with products or services in more than 60 countries. It has an installed base of over 100,000 vehicles worldwide.
A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended December 31, 2011, were $18.3 billion, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com or follow us on Twitter @Bombardier.
Note to Editors
For news releases, related material and photos, visit our media centre at www.bombardier.com/en/transportation/media-centre.
Follow Bombardier Transportation on Twitter @BombardierRail.
BOMBARDIER and ECO4 are trademarks of Bombardier Inc. or its subsidiaries.
Australia and New Zealand: +61 3 9794 2223
John Ince, firstname.lastname@example.org
Benelux, Middle East and North Africa: +49 30 98607 1141
Janet Olthof, email@example.com
Canada: +1 450 441 3007
Marc Laforge, firstname.lastname@example.org
China: +86 10 85172268
Flora Long, email@example.com
Germany, Austria, Switzerland, Central and Eastern Europe: +49 30 98607 1134
Immo von Fallois, firstname.lastname@example.org
France: +33 6 07 78 95 38
Anne Froger, email@example.com
India: +91 7 838 660 093
Harsh Mehta, firstname.lastname@example.org
Mexico: +1 450 441 3007
Marc-Andre Lefebvre, email@example.com
Nordic and Baltic Countries: +46 10 852 5213
Par Isaksson, firstname.lastname@example.org
South East Asia: +65 6478 6235
Evon Lam, email@example.com
Southern Europe and South America: +35 1 919 693 728
Luis Ramos, firstname.lastname@example.org
UK: +44 142 353 8699
Jeanette Bowden, email@example.com
USA: +1 450 441 3007
Maryanne Roberts, firstname.lastname@example.org
Copyright Thomson Reuters
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: %s via Thomson Reuters ONE