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[Update] FirstGroup WCML franchise Award revoked
http://www.bbc.co.uk/news/business-19264614
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Re: Virgin Trains loses West Coast Mainline franchise
Faster, more numerous, increased capacity and £1 billion more with tickets costing 15% less? All from First Group who are one of the more frequently complained about providers....
Not holding my breath. |
Re: Virgin Trains loses West Coast Mainline franchise
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Re: Virgin Trains loses West Coast Mainline franchise
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Re: Virgin Trains loses West Coast Mainline franchise
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I don't buy that's it's possible to bid an extra £1 billion, cut fares by 15%, as well as increase the capacity and frequency of the trains. How inefficient were Virgin being if this is possible? You would think the Government looked the business plan and finances and concluded it was possible but this wouldn't be the first time a franchise operator failed to deliver on their promises. Hopefully the £1 billion extra is being used for National Rail improvements. |
Re: Virgin Trains loses West Coast Mainline franchise
Unfortunately I have feeling they'll do what Arriva did to the CrossCountry trains - ditch the shop for more seats and have a trolley. It's bad enough on the smaller trains the CrossCountry routes have - but some of the West Coast trains are now 11 cars long.
It'll be interesting to see whether they will get away with getting rid of the First Class kitchen too |
Re: Virgin Trains loses West Coast Mainline franchise
branson called it insanity
http://www.guardian.co.uk/business/2...ainline-insane from his blog Quote:
http://www.fool.co.uk/news/investing...oofolrf0010002 what I find strange why there shares bumped 20% over the month leading up to the bid anouncement when they sealed unknown. Sounds strange since bid anounced win there shares fallen 4% likely Probably at the costs bid maybe these ambitious growth forcasts. Quote:
As for side note dont know how this thing works but what happens to virgin investment. Does first pay them back or they lose out financially now they lost franchise. Another why are governemt contracts in other sectors not run the same way. Seems strange why we pay companies like ATosers, g4sawol when train companies have to bid for contracts pay government. |
Re: Virgin Trains loses West Coast Mainline franchise
I'm an infrequent rail traveller, but have in the last few years experienced main line services run on the East Coast Line, West Coast Line, and most recently towards Cardiff. By far the best services were those by Virgin Trains.
Virgin Trains, with it's Pendolino stock is at the forefront of mainline services. Of course they have been able to take advantage of the upgrades and investment in the west coast line to introduce that stock. I'd also suspect that there were incentives in the franchise to develop the Pendolino trains. It would seem unfair that Virgin Trains do a lot of the groundwork in uplifting services, only to loose out to another operator, who will no doubt inherit the modern stock and reap the rewards for potentially less development effort. It should be noted that many of the new franchise services improvements to come, are also only possible because of already announced improvements to some of the rail infrastructure, such as electrification of the line to Blackpool from Preston. |
Re: Virgin Trains loses West Coast Mainline franchise
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Re: Virgin Trains loses West Coast Mainline franchise
Sadly, l find this ending up in court as Sir Richard has already said that he will go to court over this decision.
What is the whole point of a company getting everything ready for the future and it gets taken over by a company that is well liked by the government. What the point of changing something when its improving to go to a company that will rip it to pieces. I can see a lot of trouble over this with strikes - yes this forum doesn't like the word strikes, but this has been brewing for a few weeks, when it was in the air. |
Re: Virgin Trains loses West Coast Mainline franchise
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Re: Virgin Trains loses West Coast Mainline franchise
First Group are awful, they already run most of the UK Bus and train services and are expensive and don't deliever a good service at all.
I have use the glagow to London Virgin train service and even the 1st Class service and have never had any issues and will be gutted once they stop. |
Re: Virgin Trains loses West Coast Mainline franchise
Bob Crow threatens first already.
http://www.bbc.co.uk/news/business-19265985 Actually see where he coming from. I did not like the 2 clowns in studio I thought beeb was impartial but his valid concerns going by first track record was belittled. It was almost if they was spokesperson for first let first defend themselves not 2 beeb presenters. Look way she nods in agreement when the bloke reads first plans is she shareholder first by any chance. I dont know who the cow and the bloke was but surely he had valid concerns. I know bob crow bit nutter but in this case he has valid reasons about future where the train service going in the area. |
Re: Virgin Trains loses West Coast Mainline franchise
Nodding is encouraging them to continue, not agreeing - standard interview technique.
Nice attempted slur on her impartiality with the "shareholder" comment. |
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