Rip 769s 2019-2022
Plus GWR’s 769s are still part of the fleet until they are returned once the lease expires end of March 2023.Not exactly true, considering Northern's and TfW's are still in service...?
Rip 769s 2019-2022
Plus GWR’s 769s are still part of the fleet until they are returned once the lease expires end of March 2023.Not exactly true, considering Northern's and TfW's are still in service...?
Meanwhile they are presumably just taking up stabling space.Plus GWR’s 769s are still part of the fleet until they are returned once the lease expires end of March 2023.
As previously discussed in this thread:Im not sure that is the case they all have the additional bus because the motor alternator sets ate on a different vehicle to the choppers/motors and they aren't allowed to use the running rails as a return path because the running rails are bonded for small signalling currents only.
Most are at Long Marston I believe, the only ones stabled at active depots are a few at Reading and Oxford, neither of which are particularly short of space.Meanwhile they are presumably just taking up stabling space
Quite, and as Porterbrook owns the storage space at Long Marston, when the Oxford and Reading outliers join their brethren in Warwickshire, the burden on space within GWR vanishes, along with cost to the operating railway.Most are at Long Marston I believe, the only ones stabled at active depots are a few at Reading and Oxford, neither of which are particularly short of space.
Exactly, and as I say, neither depot is strapped for space, with them using the non electrified sidings at Reading, which have plenty of spare space, and the Oxford sidings being used for the sim of pretty much nothing other than the 769s and turning trains around.when the Oxford and Reading outliers join their brethren in Warwickshire, the burden on space within GWR vanishes
In that respect, the sooner they’re gone the better, it will be nice to have some wiggle room backMeanwhile they are presumably just taking up stabling space.
Most are at Long Marston I believe, the only ones stabled at active depots are a few at Reading and Oxford, neither of which are particularly short of space.
Exactly, and as I say, neither depot is strapped for space, with them using the non electrified sidings at Reading, which have plenty of spare space, and the Oxford sidings being used for the sim of pretty much nothing other than the 769s and turning trains around.
Why do the costs end upon moving to Warwickshire, and not continue until the lease end date 31st March 2023 regardless of locationQuite, and as Porterbrook owns the storage space at Long Marston, when the Oxford and Reading outliers join their brethren in Warwickshire, the burden on space within GWR vanishes, along with cost to the operating railway.
I think Porterbrook rather than GWR is bearing the cost of warm storage at its own facility, and as others have intimated, there is an opportunity cost and operational cost that GWR must bear when its own facilities and siding space are used to store the units.Why do the costs end upon moving to Warwickshire, and not continue until the lease end date 31st March 2023 regardless of location
The ongoing cost to the operating railway may now be minimal, but the overall cost of the abortive project will still be one borne by the wider railway 'industry' in some form, as these things don't come for free.Quite, and as Porterbrook owns the storage space at Long Marston, when the Oxford and Reading outliers join their brethren in Warwickshire, the burden on space within GWR vanishes, along with cost to the operating railway.
The impact is minimal. Porterbrook's gamble was a calculated technical risk and if successful would have brought in some additional profit. It's naïve to see this as a loss to all things UK railway other than a delay in the inevitable introduction of a suburban/regional bimode multiple unit that moves rail travel forward along the path of decarbonisation. A failed gamble on a RoSCo's accounts is not a financial loss to the whole industry because there's little chance of the profit, had it occurred being sent anywhere other than shareholders' and staffs' pockets.The ongoing cost to the operating railway may now be minimal, but the overall cost of the abortive project will still be one borne by the wider railway 'industry' in some form, as these things don't come for free.
Not really. Porterbrook will be under pressure from investors to maintain its dividend and consequently need to recover losses from other income. Clearly that will average out over time and income can be retained for other reasons. However, ultimately to recover a loss and maintain a dividend, higher prices or profit on other services would need to be generated.A failed gamble on a RoSCo's accounts is not a financial loss to the whole industry because there's little chance of the profit, had it occurred being sent anywhere other than shareholders' and staffs' pockets.
To me, naive or not, it seems to be yet another failure that has arisen largely because of the fragmented railway, Covid aside. I have tried to think of another entire sub-class of train/loco that has been produced like this and which has completely failed to enter service, and cannot, although I won't be surprised to hear of others.The impact is minimal. Porterbrook's gamble was a calculated technical risk and if successful would have brought in some additional profit. It's naïve to see this as a loss to all things UK railway other than a delay in the inevitable introduction of a suburban/regional bimode multiple unit that moves rail travel forward along the path of decarbonisation. A failed gamble on a RoSCo's accounts is not a financial loss to the whole industry because there's little chance of the profit, had it occurred being sent anywhere other than shareholders' and staffs' pockets.
Overall it was stymied by some technical issue delays, poor communication on technical requirements particularly not involving the end users, and ultimately COVID. Had either of the second or third issue not occurred, I think that the trains would have been in service by now, and their future more as planned, i.e. bridging the gap until genuine planned replacements* were available rather than yet another backward step with single-use DMUs.
* i.e. new suburban/regional bimodes
Is it though. Porterbrook took a commercial decision to upcycle its units into something that could provide ongoing lease income. The three operators that elected to take leases took so off their own backs mainly as they offered a quick route to increasing capacity for high ridership at the times. At the time it looked a good idea and i for one thought the engineering would be straightforward but it hasn't been and its been there downfall. In some respects it surprising GWR stuck with it especially post covid as the DfT have been picking up the bill for sometime which you can see if you interrogate the DfT spending over £25k reports where its been running at 300-400k/month. The DfT have gone to ground recently with these reports as last one was for June 22 to know how much more has been expended on training and introduction costs.To me, naive or not, it seems to be yet another failure that has arisen largely because of the fragmented railway, Covid aside.
In terms of the seemingly tortuous communications route from producer to user, yes, I see it as a fragmented railway problem. I wonder, too, what the special run along the NDL a month or so back for dignitaries was actually for - to say goodbye formally, perhaps?Is it though. Porterbrook took a commercial decision to upcycle its units into something that could provide ongoing lease income. The three operators that elected to take leases took so off their own backs mainly as they offered a quick route to increasing capacity for high ridership at the times. At the time it looked a good idea and i for one thought the engineering would be straightforward but it hasn't been and its been there downfall. In some respects it surprising GWR stuck with it especially post covid as the DfT have been picking up the bill for sometime which you can see if you interrogate the DfT spending over £25k reports where its been running at 300-400k/month. The DfT have gone to ground recently with these reports as last one was for June 22 to know how much more has been expended on training and introduction costs.
Doubt it this is simple economics as GWR takes a fair amount of subsidy and it needs to cut its cloth to appease DfT funding constraints so its an easy target to drop them given they aren't yet in traffic. Personally im disappointed as a regular user of the route and although the principle was sound execution has gone awry and its certainly cost Porterbrook a pretty penny.I wonder, too, what the special run along the NDL a month or so back for dignitaries was actually for - to say goodbye formally, perhaps?
One of the Oxford ones appeared to have been quite comprehensively graffitied before Christmas.Most are at Long Marston I believe, the only ones stabled at active depots are a few at Reading and Oxford, neither of which are particularly short of space.
Doubt it this is simple economics as GWR takes a fair amount of subsidy and it needs to cut its cloth to appease DfT funding constraints so its an easy target to drop them given they aren't yet in traffic. Personally im disappointed as a regular user of the route and although the principle was sound execution has gone awry and its certainly cost Porterbrook a pretty penny.
The last set of DfT payments to operators data certainly showed some operators not needing much subsidy vs the ones like Northern who need a vast subsidy although to be fair even in its franchise form it received the biggest subsidy. So i do hope DfT don't undermine the ability of those that are good revenue generators in pursuit of across the board cutbacks.Every DfT TOC requires subsidy now as the revenue ends up with the DfT. TOCs are being managed by the DfT on cost targets, not net contribution targets.
Thats as i hoped so good to hear but does it also forecast revenue impact?Like every other DfT TOC, GWR have suggested a host of schemes that could save money and then the DfT chooses which ones to implement.
I guess its possible their suppliers have taken contractual hits and given them liquidated damages but can't see how they haven't lost money here but they've got deep pockets.I wonder if Porterbrook have actually lost much money in the 769 project. They have had three operators paying lease charges and we are not privy to how the project was funded or what the payback period was.
We just don't know the financials do we. All we know is 35 class 319s were overhauled at Wolverton then fitted with 70 rafted diesel GUs, fuel tanks, exhaust systems, substantial rewiring, TCA fitment blah blah blah, and then dragged or low loadered around England and Wales a few times. I imagine Wabtec have spent several thousandThe last set of DfT payments to operators data certainly showed some operators not needing much subsidy vs the ones like Northern who need a vast subsidy although to be fair even in its franchise form it received the biggest subsidy. So i do hope DfT don't undermine the ability of those that are good revenue generators in pursuit of across the board cutbacks.
Thats as i hoped so good to hear but does it also forecast revenue impact?
I guess its possible their suppliers have taken contractual hits and given them liquidated damages but can't see how they haven't lost money here but they've got deep pockets.
Worth remembering porterbrook have had to lease and revamp to tfw a additional fleet of 153s to cover for unreliable 769sEvery DfT TOC requires subsidy now as the revenue ends up with the DfT. TOCs are being managed by the DfT on cost targets, not net contribution targets.
Like every other DfT TOC, GWR have suggested a host of schemes that could save money and then the DfT chooses which ones to implement.
I wonder if Porterbrook have actually lost much money in the 769 project. They have had three operators paying lease charges and we are not privy to how the project was funded or what the payback period was.
Thats as i hoped so good to hear but does it also forecast revenue impact?
Eurotunnel night star stock - and I think a few locos were also refurbished in anticipation.To me, naive or not, it seems to be yet another failure that has arisen largely because of the fragmented railway, Covid aside. I have tried to think of another entire sub-class of train/loco that has been produced like this and which has completely failed to enter service, and cannot, although I won't be surprised to hear of others.
Although the coaches were at least resold abroad (to Canada, ISTR) for use there!Eurotunnel night star stock - and I think a few locos were also refurbished in anticipation.
'Tis not really relevant but back in June 2003 I managed to take a triangular round trip from Montreal (Dorval) & the 1st leg (to Ottawa) was a GE P42DC loco (908) & a rake of Renaissance ex. Chunnel Night Star seated, (not sleeper) cars. The 2nd leg from Ottawa to Brockville was another GE (903) with LRC cars, too wide for the UK ( a very low tilting profile, much smaller than N. American passenger cars.). The last leg was back to Montreal with an EMD F40PH-2 & a rake of 2nd hand stainless purchased in the USA. All quite comfortable, 2+1 from the ex UK cars & 2+2 in the other trains.Although the coaches were at least resold abroad (to Canada, ISTR) for use there!
Interesting use of words.. he isn't saying it will never happen but more, not 'yet'? If it was completely over wouldn't he say 'terminate' or 'cancel'?Having only now returned to work for the new year, I read the internal "Connect" email today and Mark Hopwood makes comment about the 769 situation, I can't link to it so I'll quote the relevant piece -
"Last week we made the difficult decision to halt our planned rollout of the class 769 tri-mode trains. This is not a decision we have taken lightly, and a number of factors - including production and implementation delays, a fall in customer numbers and budgetary pressures - has influenced this outcome."
"The predicted 12% yearly increase in passengers has, since the pandemic, turned into a real 3% decline in annual numbers - and we feel our existing fleet is appropriate for current levels of customer demand."
"That said, the team involved has worked incredibly hard to get these class 769s to a service-ready position and their efforts will help the ongoing review of our fleet as we look to plan for the future."
Not sure exactly what that means but thought may be of interest!