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AAE and Faiveley sign brake agreement

22 Jan 2010

EUROPE: Faiveley Transport Customer Services has been awarded a five-year 'multi million euro' contract to overhaul Faiveley brake systems on 4 400 wagons owned by leasing firm AAE.

Faiveley said the contract is 'a significant step forward' in the development of its German Service Centre. AAE has a fleet of 25 000 wagons leased to end users throughout Europe.