Bombardier Hunts U.S. Rail Riches From Airports, L.A. Olympics
- Trainmaker sees opportunity with market ‘really bubbling over’
- Company looks to turn page on stumbles in New York, Toronto
An Aventra Class 345 electric multiple-unit test train, manufactured by Bombarider Inc.
Photographer: Simon Dawson/Bloomberg
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Bombardier Inc., North America’s biggest maker of passenger trains, is looking to cash in on a U.S. rail boom.
The Los Angeles Olympic Games in 2028, airport people movers and fleet renewals in states such as New York and New Jersey will drive a flurry of U.S. train orders, said Bombardier executive Benoit Brossoit. That gives the company a chance to shore up its North American business after major stumbles with the New York subway and two projects in Toronto.