Reuters announce Chiltern Railways for sale
On 6 Jul, 13:06, Steve Broadbent wrote:
In article .com,
Mr Thant wrote:
On Jul 6, 3:20 am, TheOneKEA wrote:
Oh wonderful. If any of the usual suspects acquire it I can see
Chiltern getting sucked into a tiolet tank and turned into a shadow of
its clean, reliable, expansionist, common-sense self. Whoopee.
It's expansionism seems to be a shadow of its former self already. The
"Projects" section of their website lists:
- Aylesbury Vale Parkway (fair enough)
- Evergreen 2 (completed last year)
- Wembley depot (completed 2005)
- West Hampstead Interchange (dead)
Sounds like they could do with a new injection of cash.
which of those did Chiltern pay for, I guess none but I am not a local,
certainly Evergreen is Network rail
John Laing Group was project manager for Evergreen 1 although the work
was carried out by and for Network Rail.
Evergreen 2 was carried out by John Laing Group on a Design, Build,
Finance and Transfer basis. John Laing Group funded the project and
took full commercial risk. However the assets became the property of
Network Rail, because that is the way the franchise system works,
Chiltern Railways being effectively prevented from owning such
assets.
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