two orders worth approximately €267 million with manufacturer
Bombardier Transportation in the past month.
The first deal, amounting to approximately €192 million, is for
the supply of 58 BombardierTRAXX locomotives and includes an option
for a further 80 locomotives.
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Deliveries will begin in August 2009 after their assembly in
Kassel in Germany.
Munich-based Railpool, a joint venture between HSH Nordbank and
KfW-IPEX Bank, is currently working with Bombardier to receive
official approval for the locomotives, which are due to operate in
Germany, Austria and Italy. The company’s strategy is to provide
dry lease as well as full-service lease services.
“We explain to our customers that each locomotive needs regular
maintenance. By being in charge of servicing the rolling stock, we
help to assure the value of the asset to our customers,” said Dr
Walter Breinl, chairman of Railpool’s management board. The company
will therefore also order a large quantity of spare parts in
addition to the 58 locomotives.
The second order with Bombardier is for 45 double-deck coaches
intended for service on the Danish State Railways (DSB), in a deal
worth €75 million.
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By GlobalDataDSB has been operating 67 double-deck Bombadier coaches since
2002 and has been looking to extend its fleet.
The rolling stock, to be produced and assembled in Görlitz in
Germany, will be delivered to DSB between September and December
2009. The stock is being provided in a standard operating lease and
does not include maintenance. Although its first two deals have
been signed with Bombardier, Railpool insists that the company is
also open to other manufacturers.
“DSB was already operating Bombardier rolling stock, so we just
added coaches to their fleet. However, we remain very open. At the
moment, we are in negotiations with Siemens, Alstom and Stadler –
it all depends on who has the best offer,” said Breinl.
Breinl remains positive in spite of the economic downturn: “In
our business, the advantage is that, although in good times you see
double-digit growth, in bad times, you can still expect some
growth.”
Jason T. Hesse
