Related Party Transaction • Jul 12, 2016
Related Party Transaction
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12 July 2016 – Alstom has been chosen to provide maintenance support for the Class 180 trains operated by Grand Central Railway Company Limited for the next ten years, from January 2017 until December 2026, for around €100 million1 .
Alstom will provide Grand Central with the specialised materials, parts, technical and engineering support needed to maintain its fleet of ten Class 180s. The support team for the fleet will be based initially at Alstom's Chester Traincare Centre and will then co-locate with the Grand Central fleet operations team at its East Coast mainline maintenance location later in 2018.
"We're delighted to be extending our contract with Grand Central and even happier that our support for the Class 180 trains is set to continue. It's important that they are well maintained so that passengers can continue to enjoy the benefits the trains offer. That is why we've extended our commitment and look forward to doing so for the foreseeable future," said Nick Crossfield, Managing Director at Alstom in UK & Ireland
Grand Central Railway currently operates five Class 180 trains between London Kings Cross and Yorkshire and the North East but in 2017 will expand its fleet to ten trains. The Class 180 fleet was first built by Alstom at Washwood Heath in Birmingham between 2000 and 2001.
Part of Alstom's Coradia range, the Class 180 is one of the few diesel multiple-unit trains that can reach speeds of up to 200 kilometres per hour.
As a promoter of sustainable mobility, Alstom develops and markets systems, equipment and services for the railway sector. Alstom manages the widest range of solutions in the market – from high-speed trains to metros and tramways – customised services (maintenance, modernisation) and infrastructure and signalling solutions. Alstom is a world leader in integrated railway systems. It recorded sales of €6.9 billion and booked €10.6 billion of orders in the 2015/16 fiscal year. Headquartered in France, Alstom is present in over 60 countries and employs 31,000 people today. www.alstom.com
Press contacts Justine Rohée – Tel. + 33 1 57 06 18 81 [email protected]
1 Booked in Q1 of current fiscal year
Linda Huguet – Tel. + 33 1 57 06 10 42 [email protected]
Will Roberts (Alstom in the UK&I) – Tel +44 7739 009 575 [email protected]
Selma Bekhechi – Tel. + 33 1 57 06 95 39 [email protected]
Julien Minot – Tel. + 33 1 57 06 64 84 [email protected]
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