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In the haulage industry where I worked for many years , Vehicle manufacturers formed partnerships with leasing companies so that the operators had options other than high street borrowing to build or replace their fleets , subject to credit worthiness of course.
Would this work in the rail...
I don't read fbook or twitter and can't see that changing any time soon.
Are a lot of the comments to do with this , the ICWC franchise ? which simply doesn't have anything to do with FGW .
I thought I'd read that on a rail forum.
Hi , whilst I was living in France for 8 years I kept upto date with various railway websites.
The link below will take you to an article on Tunisia. It's in French but there are a couple ofpictures which may give you a flavour.
http://trainsso.pagesperso-orange.fr/sncft1.htm
That seems to be the view. In that case , if they really care it's upto the TOCs to see if they can source alternate funding at better rates and then challenge Dft with it to pressurise the existing Roscos to drop theirs.
I suspect cheaper funding won't be available for railway stock although...
Last year I bought a Devon Day Ranger ticket.
My favourite part of this was being able to do both sides of the Exe Estuary.
From Newton Abbot taking in the Dawlish Sea Wall and through Exeter to Exmouth on the opposite side of the estuary. Stunning scenery , at least I think so !
Since when have I become a First fan ? Very recently I'd say !
This has now been publicised beyond anybody's expectations. First will be doing everything to make sure that not only do they succeed but do it in a very up front manner , what that is I don't know !!.
I have seen TUPE and...
Can they physically do that ?
What I mean is that there are "obligatory" maintenance schedules and the trains can't physically do any more mileage can they , or are they doubling services ?:lol:
I'm just not sure how they can half break the fleet that's all.
As far as the additional train...
The last time I travelled Virgin , it was rammed from Birmingham International to Euston and I had to stand by the toilet door and move every time someone wanted to use it , a warming experience.
FGW & TPE are fine.
You have your opinion and I'll have mine but challenging your opponent , come...
Deary me , they think it's a reality game show and the sad thing is that all their sheep public will too.
Given that they're taking legal action to wrestle the contract from them, there's only one response that FG can give and that would be foxtrot oscar.
First will be cowards and whatever...
You could try a zone 1-6 day travel card , then book an East Croydon ( Zone 5) off-peak return to Brighton.
Cost would be , from memory £8 for the card + £10 off peak day return.Total of £18
I'll check the travel card out , be back in a minute
EDIT : £8.50 for the travel card full price...
First posted the figure of £190 million subordinated loan in their post-"success" presentation document.
My questions are :- did they have to do this ? and would the information have been available to the other bidders had they not done so ?
I guess what I'm asking is ' did they inadvertently...
Basically , they would still lease but from a high street lessor like HSBC for example ? as they just simply couldn't afford and wouldn't want the capital outlay (they would have to borrow the money anyway) . Very similar answer to now in my view.
Really ? Their bid is £1 billion more expensive than the winning bid, what do you suppose that is , profit ?
I'm amazed by the gullible public and labour party who back the ultimate profit driven force because it smiles a lot.
Customer focussed my bottom .
Twit !
The figures published by First have been converted to Net Present Value , these people shouldn't be allowed out without their guardians
I'm backkk !
Good for them , the announcement was only made 2 weeks ago , a little bit of legal insider trading then ?
If this is the quality of...
In haulage , we used to call it cost plus. IE the owner (NR/Dft) pays all the costs and the operator gets a flat fee or percentage for his troubles (5 to 7% was typical).
I know at least one supermarket chain who works on that basis.
If the Operator gets paid a flat rate surely the Fare revenue goes into the public purse ?
Otherwise the operator gets all of the revenue plus a flat fee , sorry you've lost me all together.
Edit , are you saying the Non-profit Corp IS the Govt ?
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