Bombardier Inc CEO says he’ll do ‘whatever is required’ to fix Toronto streetcar contract

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The $1.2-billion order for 204 streetcars, placed by the Toronto Transit Commission (TTC) in 2009, has been a serial disappointment for the city.

MIRABEL, QUE. — Bombardier Inc.’s CEO says he’s “not pleased” with the escalating delivery delays of Toronto’s new streetcars and he’ll do “whatever is required” to turn the contract around.

The $1.2-billion order for 204 streetcars, placed by the Toronto Transit Commission (TTC) in 2009, has turned out to be a serial disappointment for the city. Bombardier has repeatedly reduced the number of streetcars it expects to deliver this year, promising 75 in 2015, reducing that to 54 in January, then further lowering its estimate to 30 this month.

“The situation on the train side in Toronto is a disappointing one for us. I am not pleased with where we are,” CEO Alain Bellemare told reporters Friday after the company’s annual shareholder meeting in Mirabel, Que.

Earlier this month, the company appointed Benoît Brossoit as the new president of its transportation unit’s Americas division, saying former president Raymond Bachant was leaving “to pursue other career opportunities.”

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