By Max Clarke

A £120 million train refurbishment contract for the UK’s last train manufacturer, Bombardier UK, may be enough to safeguard the 1,400 jobs threatened by the loss of the Thameslink contract.

An article published today by The Manufacturer suggests that the £120 million contract to revamp the Cross Country Penzance-Aberdeen line with new, hybrid engines, may be enough to secure the 1,400 jobs that were lost after the loss of the lucrative Thameslink contract to German Rival, Siemens.

Whilst the job £120 million falls far short of the potential £1.4 billion that the firm lost out on, the sum would likely be enough to keep the company afloat, and jobs secure, until it can bid for another billion-pound contract at Crossrail.

"We very much welcome that the Department for Transport (DfT) is looking at a proposal to add electric power cars to the Voyager fleets and Bombardier will be pleased to participate in the development of a business case for this project," commented Colin Walton, chairman of Bombardier Transportation UK, quoted in TheManufacturer.com.

Join us on
Follow @freshbusiness