Browsing Tag
VIA Rail Canada
2 posts
Alstom lands C$4.7bn VIA Rail deal. Why does one contract outweigh its entire Q1 orders?
Alstom will build 313 passenger railcars and provide 15 years of support to VIA Rail Canada under a C$4.7 billion agreement that gives its order book a major boost as investors remain focused on execution and margins.
Mark Carney brings passenger rail manufacturing back to Canada with C$4.7bn deal
Canada will spend more than C$4.7 billion on 313 new VIA Rail passenger cars manufactured by Alstom Canada in Ontario and Quebec, bringing domestic intercity passenger-car production back for the first time in roughly four decades.