BERLIN, GERMANY -- (Marketwire) -- 03/04/13 -- Bombardier Transportation publicly refutes the claims of Deutsche Bahn regarding the S-Bahn Berlin 481 series as without merit and the allegations as defamatory. Bombardier reserves all its rights with regard to these defamatory accusations.
General warranty for the S-Bahn Berlin 481 series ended in 2007 by mutual agreement. Up to that time, availability had regularly exceeded 98% - a strong performance compared to similar rail systems in Europe. From the start, S-Bahn Berlin has been responsible for its own maintenance. Bombardier Transportation has no contractual obligations regarding the maintenance and repair of the 481 series.
Bombardier Transportation believes that prolonged litigation is not in the interests of either company and remains open to dialogue with Deutsche Bahn.
About Bombardier Transportation
Bombardier Transportation, a global leader in rail technology, offers the broadest portfolio in the rail industry and delivers innovative products and services that set new standards in sustainable mobility. BOMBARDIER ECO4 technologies - built on the four cornerstones of energy, efficiency, economy and ecology - conserve energy, protect the environment and help to improve total train performance for operators and passengers. Bombardier Transportation is headquartered in Berlin, Germany, and has a very diverse customer base with products or services in more than 60 countries. It has an installed base of over 100,000 vehicles worldwide.
About Bombardier
Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.
Bombardier is headquartered in Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indexes. In the fiscal year ended December 31, 2012, we posted revenues of $16.8 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.
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