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For 3 reasons that I can think of off the top of my head: 1- as mentioned before, you don't just spend all profits an asset makes paying it off at the start of its life, you deprecate it over its useful life. As they are still working fine, we are still in that useful period. 2-Even if you...

Sorry, but your logic here really doesn't make sense. It is sensible financial practice to depreciate an asset over the full duration of its useful life, not to depreciate it over the profitable 75% of its life and then pretend that it's free for the final 25% and use it on an unprofitable...

Though I would expect the trust will need to give 'parent company guarantee' type agreements for any future borrowing the newco Ltd company may want to do, so they are unlikely to be able to shield themselves so well in the future.

Something not really mentioned up to now is that rail access to Stratford International is pretty poor. If it had been directly linked to Stratford mainline (obviously this was never practical) then it would be much more useful for International links, but instead it's an extra change onto the...

Assuming that Eurostar knows what they are doing, presumably Ebbsfleet actually gets far more international passengers than Stratford would - the M25 P+R market shouldn't be under estimated. And of course, it is easy to just get a connecting South Eastern train from Stratford International.

All the trains are the same length (12x20m or 10x24m) so the stopping positions are the same

When the order was made, this was all about squeezing every last bit of capacity on the line, hence 10 carriage fixed unit 720s vs 3x 4 carriage 387s saving 4 cab lengths, and 2 carriage ends, to maximise capacity.

But as I understand it they aren't relying on this niche space. I've seen hundreds of complaints about seat hardnesson 80x trains on here, but I don't think I've seen a single complaint about seat spacing from someone who has been on the trains, so I really don't think seating density is...

You can also add Wales and West to that list

A similar journey time, not necessarily equal. I think you have previously mentioned the Conwy Valley line as being in this situation, Liskeard - Looe is only 15 minutes by road, and the Far North line is considerably slower than the bus as far as I remember, so these could all potentially...

Fair point. What if we made it 'a single bus with a similar journey time'?

It has been suggested above that it's a Line where the passenger loadings are such that the rail service could be replaced by a bus. This seems a sensible definition to me. A loss making line that carries lots of passengers (eg Merseyrail) really isn't a basket case, but a rural line with a...

I would tend to agree with you. The Suez Canal has traditionally been a nightmare for this kind of thing, though normally on a very much smaller scale for minor infringements of rules.

There's a simple option that everyone has ignored - Allelys. Simply take a single coach off the back of the sleeper at Euston, put it on the back of a truck (by crane if necessary), and drive it to the taxi lane outside St Pancras. My detailed calculations (i.e. complete guesswork and made up...

That's very different to my reading of the reports. I understand that the options of Dawlish upgrade / Diversion route via Okehampton & Tavistock / new line from Exeter - Newton Abbott were all considered, and a Dawlish upgrade was considered to be the only sensible option, and to be fit for...

Also on the BBC news website - the claim includes $300M for reputational damage and $300M for salvage bonus. I can see why the insurers would find these amounts difficult to swallow to say the least.

https://www.bbc.co.uk/news/world-middle-east-56743556 Egypt are now holding the ship until a $900M compensation claim is paid. As the insurers suggest, this seems a little excessive. Also very improper holding the crew onboard until the claim is paid - it could be suggested (not that I would...

I would agree

referencing the Dartmouth line again (not necessarily a fair comparison, but the only one I have the details of) they only make 10% of their revenue in shops / cafes etc, with 90% being ticket sales on trains, boats and busses. Also worth remembering that effectively 100% of revenue from ticket...