On 27 Mar 2007 03:26:10 -0700, "John B" wrote:

On 26 Mar, 11:12, "Londoncityslicker"
wrote:

It may have changed now but wasn't Trainline originally a 50/50
venture between Virgin Trains and Stagecoach.

Not quite: TTL was a Virgin Group company, not a Virgin Rail Group
company - in other words, Stagecoach had neither a direct nor an
indirect stake. I think NEG held a small stake for a while after TTL
was merged with Qjump.

From Stagecoach Group's Preliminary Results for 2000:

thetrainline.com is a joint venture with Virgin Group. It operates the
largest rail telesales service in
the UK, generating £2 million in ticket revenue weekly. It also runs
the only online booking facility
offering a full range of tickets for all train services in mainland
Britain from a combination of
around 54 million routes and fares.

thetrainline.com originated in Virgin Rail Group but is now an
autonomous operating entity with its
own separate management team. Alan Meekings, previously with the Cap
Gemini Group, was
appointed Chief Executive earlier this year and I am also pleased to
announce that Richard
Bowden-Doyle, previously a main board director of Thomson Travel, has
joined thetrainline.com as
Chief Operating Officer. Richard’s appointment completes the key
management team positions for
thetrainline.com.

It was originally a 50/50 JV.
--
Terry Harper
Website Coordinator, The Omnibus Society
http://www.omnibussoc.org