Media Kit » Try RailPrime™ Today! »
Progressive Railroading
RAILROADS
RAILROADS
TRENDING

JOB POSTINGS
PRODUCTS
EDUCATION & EVENTS
MAGAZINES
Progressive Railroading
Buyers' Guides
INFO
SEARCH
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »


News

Rail News Home Passenger Rail

2/15/2002



Rail News: Passenger Rail

English leasing company inks $322 million deal with Bombardier for 127 DMUs


advertisement
United Kingdom-based leasing company HSBC Rail UK Ltd. Feb. 14 awarded Bombardier Transportation a $322 million contract for 127 diesel-electric multiple-unit cars, which HSBC plans to lease to National Express Group for use on its Midland Mainline from Sheffield, via Derby and Nottingham, to London.



The contract also includes a four-year maintenance portion; if that portion were extended to its maximum 15 years’ duration, the contract’s value would top $600 million.



Under contract terms, the cars would be designed to operate at 124 mph. Deliveries would begin in second-quarter 2004 and conclude by January 2005.