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June 23, 2016

Akiem collaborates with Bombardier for 52 Traxx locomotives

France-based rolling stock leasing company Akiem has entered into a framework agreement with Bombardier Transportation for 52 Traxx alternating current (AC) and multi-system (MS) locomotives.

Bomberdier

France-based rolling stock leasing company Akiem has entered into a framework agreement with Bombardier Transportation for 52 Traxx alternating current (AC) and multi-system (MS) locomotives.

The deal is conditional upon financial closing related to Akiem. Valued at a list price of approximately $107m, the first batch is also subject to the fulfilment of conditions, with first deliveries expected by next year.

Akiem’s CEO Fabien Rochefort said: "This significant investment with Bombardier will extend Akiem’s fleet up to 100 TRAXX locomotives by 2018.

"We are accelerating our position on German and Austrian national markets, as well as major European corridors towards Sweden, Benelux, Switzerland, Italy, Poland, and Central Europe.

"Through this successful partnership with Bombardier, Akiem keeps developing services combining performance, proximity, and security to meet our clients’ requirements."

The newly signed deal also allows for various technical options, such as the last mile and remote control feature for Traxx AC locomotives.

"To be configured for use in 13 countries, the Traxxlocomotives will be fully compliant to new European standards."

To be configured for use in 13 countries, the Traxxlocomotives will be fully compliant to new European standards including European Train Control System (ETCS) Baseline 3.

Bombardier Transportation’s locomotives, light-rail vehicles, and services president Michael Fohrer said: "We have been working with Akiem since 2011 and we are extremely happy to continue our long-term partnership under this frame contract.

"This agreement enables Bombardier to consolidate the TRAXX locomotive’s presence in some of the most promising rail corridors."

The newly ordered locomotives will be powered by the Bombardier Mitrac control system, which provides safe and energy-efficient traction power for sustainable mobility.

Currently, Akiem has a fleet of more than 350 locomotives operating throughout 13 countries in Europe and North Africa.


Image: Bombardier TRAXX locomotive for Akiem. Photo: courtesy of Bombardier.

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