Don't First have every right to say to the dft "We will scrap the HSTs if you don't give us the franchise" as First own the HSTs, can't they do what they like with them? I've just read elsewhere that First actually own five full HSTs not just the power cars so this certainly puts them in pole position to win any franchise.They only own a few power cars, and they'd lease them anyway to the next franchisee. And if they tried to take them elsewhere, I'm sure DfT would block the move. It's certainly not a trump card.
