Canada’s Bombardier Wins $4.9 Billion Contract to Build LAX People Mover

Jun 11, 2018

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

A Canadian company most people know as an aircraft manufacturer has won a contract for its lesser known, but still very prominent business. Bombardier Inc. and its partners were awarded a $4.9 billion contract to build and operate Los Angeles International Airport’s (LAX) new people mover.

The train will connect LAX’s different terminals and car rental areas — even offering a link to the LA metro system. Bombardier will own 10% of the project, which is expected to be completed by 2023.

The Canadian company recently sold its line of C series aircraft to Airbus but has a strong business manufacturing train cars.  Bombardier will design and supply 44 of its INNOVIA automated vehicles for the project. It’ll operate and maintain services for a 25-year period. Bombardier itself was awarded $219 million for its part in the venture.

Similar to JFK’s Airtrain, the people mover will run on an automated system — that means no drivers in the train cars that will weave above cars and through the airport’s grounds.

Bombardier’s first C Series aircraft went into service with SWISS last year and Delta has ordered 75 CS 100 aircraft with options for more.

H/T: Reuters

Featured image courtesy of Bombardier Transport.

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points


CARD HIGHLIGHTS: 3X points on dining and 2x points on travel, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®.
  • Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Regular APR
16.24% - 23.24% Variable
Annual Fee
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.