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Bombardier wins contract from Montreal's transport authority

Reuters
A Bombardier logo is pictured on the company booth during the European Business Aviation Convention & Exhibition (EBACE) at Cointrin airport in Geneva, Switzerland, May 24, 2016. REUTERS/Denis Balibouse

(Reuters) - Bombardier Inc said it won an eight-year contract valued at C$331 million ($247.14 million) from Montreal's regional transport authority.

The deal, in effect since Nov. 18, is to operate and maintain a commuter rail fleet in the greater Montreal area.

Bombardier has been providing maintenance services for Montreal's transport agency since 2010 and has helped maintain a fleet of 264 coaches and 41 locomotives.

(Reporting by Komal Khettry in Bengaluru; Editing by Martina D'Couto)