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Stagecoach retain South West Trains Franchise |
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Written by Engine Driver
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Friday, 22 September 2006 |
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Stagecoach has retained the contract to run services on its South West Trains franchise. The government said the Stagecoach group would pay £1.19bn for the right to run the routes for 10 years from February 2007. The South Western Network will be made up of two existing franchises, South West Trains and Island Line, both of which are currently run by Stagecoach. South West Trains runs services from London to destinations including Southampton, Bournemouth and Salisbury. The South Western rail franchise, which is the UK's biggest commuter rail franchise, runs more than 1,600 trains a day. Services in the new franchise include routes between London's Waterloo station and Portsmouth, Exeter, Bristol, Brighton and Plymouth. Stagecoach said it expected the deal to generate annual profits of £15m to £20m during its early years. The group added it planned to boost capacity on rail routes by running longer trains and more services during peak times. |
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Written by Web Master
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Friday, 22 September 2006 |
Welcome to the new look Railfest 2004 - soon to be a full resource for the rail industry and everyone with an interest in UK and European railways.
We are still building the new content, so in the meantime you can find our existing content by clicking here. |
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Last Updated ( Friday, 22 September 2006 )
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