In message
"Ian F." wrote:

"Graeme Wall" wrote in message
...

It's a train operating company but not a Train Operating Company, the
capitalisation is important.

How much capital do you have to have?


For Gatwick Express I believe it was 15 million quid originally.

Based on one of those daft newspaper articles about the bloke who won the
first triple rollover jackpot on the lottery which was 16 million. Amongst
the things you could buy with that amount of money was the GEX franchise.

--
Graeme Wall
This address is not read, substitute trains for rail.
Transport Miscellany at http://www.greywall.demon.co.uk/rail/index.html