87015
Established Member
Post-Operation Pumpkin VXC collapsed. It was launched in September and by December VXC had been forced to produce the SRA an 18(?) point emergency plan as it was running at 50% PPM and well in breach of the franchise agreement...It was the SRA at the time as the DfT didn't take direct control of rail until 2005. With the sudden increase in demand after Operation Princess Virgin did want to extend the Voyagers but the SRA blocked it. I can't find the exact reason why it was blocked but I seem to remember Virgin Cross Country ended up on a management contract. The SRA also forced Virgin to give up their remaining HSTs in 2003.
Then it turned out that financially that XC and "the worlds biggest ORCATS raid" was going about as disasterously as the performance stats as it wasn't balancing the costs of running lots of high-cost DMUs which brought the operation to its knees - the SRA said enough was enough when VXC went cap-in-hand for yet more subsidy - and the cuts began...
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