arista
16-05-2018, 01:32 PM
[The government is to take back control of the East Coast rail franchise
after its private operators failed to make money.
Virgin Trains East Coast, a joint venture between Stagecoach (90%)
and Virgin (10%) won the right to operate the franchise between
London and Edinburgh for eight years in 2014.
Its the third time in less than a decade that a private operator
has failed to complete its full term in running services on the route.]
https://news.sky.com/story/east-coast-rail-franchise-to-come-under-government-control-11374723
Sign Of The Times
after its private operators failed to make money.
Virgin Trains East Coast, a joint venture between Stagecoach (90%)
and Virgin (10%) won the right to operate the franchise between
London and Edinburgh for eight years in 2014.
Its the third time in less than a decade that a private operator
has failed to complete its full term in running services on the route.]
https://news.sky.com/story/east-coast-rail-franchise-to-come-under-government-control-11374723
Sign Of The Times