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Stagecoach win East Midlands franchise
http://www.gnn.gov.uk/environment/fu...partment=False
The Department for Transport has today announced that Stagecoach Midland Rail Limited (a subsidiary of Stagecoach Group plc) has been awarded the contract to run the new East Midlands franchise from 11th November 2007. The new franchise is a combination of the existing Midland Mainline services from London St Pancras and the eastern section of Central Trains. Over the life of the franchise, seven years and four months, the DfT will receive a premium of £133m from Stagecoach Midland Rail Limited. Passengers will benefit from improvements including: * A new hourly service between Kettering and London, increasing the number of off peak services on the midland main line to five trains per hour. It has also been agreed in principle to extend this service to a new station at Corby from December 2008. This removes the need to split and join trains at Leicester. * A 9% increase in peak capacity into and out of London St Pancras by 2010, and more carriages on the busiest trains between Nottingham and Liverpool. * The new station at East Midlands Parkway will be served by two trains an hour from December 2008, and a daily direct service between Lincoln and London will be introduced. * Journey times between Sheffield, Derby and London will be reduced, saving up to 12 minutes on an average journey between London and Sheffield. * Improved performance, with a forecast 90.4% of trains on time by the end of the franchise. * The Community Rail service between Matlock and Derby will be increased to every hour and extended directly to Nottingham. * More investment including more than £5m on improvements to stations, at least 1250 extra car parking spaces and the introduction of smart card technology by 2010. Rail Minister Tom Harris said: "This agreement will increase value for money, improve performance and accommodate future growth in demand. From new and faster services to increased security at stations, I am pleased that this new franchise will deliver so many benefits to passengers in the East Midlands." The Government will continue to limit annual rises of regulated fares in line with national policy, which is currently RPI+1%. As with all franchises, unregulated fares will be the responsibility of the operator. Stagecoach Midland Rail Limited have indicated they may wish to raise unregulated fares annually by an average of 3.4% above inflation. Notes to Editors 1. The award of the new franchise was announced to the London Stock Exchange at 7am today. 2. The DfT yesterday also awarded the new West Midlands franchise which will take over the services currently operated by Silverlink County and the West Midlands local and regional services provided by Central Trains. 3. New services will be introduced as part of a new timetable from December 2008. 4. Market Harborough will continue to receive a two-train per hour service all day. 5. A single compensation policy for all passengers will be introduced during the term of replacement rail franchises, commencing with the East and West Midlands. With improving Passenger's Charter performance in punctuality and reliability the current discount system means that an increasing number of passengers receive no compensation for delays. Therefore discounts in renewal for season tickets valid between one month and one year in compensation for poor punctuality and reliability will be replaced by compensation based on delays to individual journeys, known as Delay/Repay. Under the new system, all passengers will be entitled to claim compensation for all delays, whatever their cause. * 50% of the price paid for a single-leg journey delayed by between 30 and 59 minutes; * 100% of the price paid for a single-leg journey delayed by between 60 and 119 minutes; and * 100% of the price paid for a return journey delayed by more than 119 minutes. The changes will also start to standardise disparate compensation arrangements for single, return and weekly season ticket holders on different train operators. -- Paul C |
Stagecoach win East Midlands franchise
On Jun 22, 9:18 am, Paul Corfield wrote:
* The Community Rail service between Matlock and Derby will be increased to every hour and extended directly to Nottingham. Wonder how long that is guaranteed for if it becomes a big cash- waster? Therefore discounts in renewal for season tickets valid between one month and one year in compensation for poor punctuality and reliability will be replaced by compensation based on delays to individual journeys, known as Delay/Repay. Under the new system, all passengers will be entitled to claim compensation for all delays, whatever their cause. Interesting. Perhaps this is in the hope that it will look good but at the same time reduce claims as people won't be bothered to make them? Neil |
Stagecoach win East Midlands franchise
Paul Corfield wrote:
Over the life of the franchise, seven years and four months, the DfT will receive a premium of £133m from Stagecoach Midland Rail Limited. and Stagecoach Midland Rail Limited have indicated they may wish to raise unregulated fares annually by an average of 3.4% above inflation. Once again, we see the magic of the franchise bidding system at work. Promise a huge premium to win the bid, then get the customers to foot the bill for it. -- http://gallery120232.fotopic.net/p9632849.html (33 051 at Eastleigh, Apr 1985) |
Stagecoach win East Midlands franchise
Are there any secret plans to raise off peak fares or to issue guards
with instructions to treat passengers wanting to buy tickets on board as fare dodgers - see thread concerning SWT. I think we should be told. |
Stagecoach win East Midlands franchise
On Jun 22, 10:25 am, Bob wrote:
Are there any secret plans to raise off peak fares or to issue guards with instructions to treat passengers wanting to buy tickets on board as fare dodgers - see thread concerning SWT. I think we should be told. Unregulated fares = off peak fares, or as good as. Neil |
Stagecoach win East Midlands franchise
On Jun 22, 9:20 am, Chris Tolley wrote:
Paul Corfield wrote: Once again, we see the magic of the franchise bidding system at work. Promise a huge premium to win the bid, then get the customers to foot the bill for it. Who else do you think is going to pay for it? Don't forget that as use of the network increases off-peak is becoming almost as busy as the peak. Off-peak fares were low to encourage people to fill otherwise empty seats. If there aren't so many empty seats... I think you'll still see very low bargain fares available - it's mainly the off-peak walk-up fares that'll be affected. On another topic entirely, this announcement means that National Express - once the biggest owner of TOCs is now down to one railway and c2c. (I expect these two TOCs to be merged, making the name "one" strangely prophetic!) |
Stagecoach win East Midlands franchise
W14_Fishbourne wrote:
(I expect these two TOCs to be merged, making the name "one" strangely prophetic!) One2c or c-2-1 surely? |
Stagecoach win East Midlands franchise
On Jun 22, 10:37 am, W14_Fishbourne
wrote: On another topic entirely, this announcement means that National Express - once the biggest owner of TOCs is now down to one railway and c2c. (I expect these two TOCs to be merged, making the name "one" strangely prophetic!) They might still get XC and/or East Coast. "two" and "three" perhaps? ;) Neil |
Stagecoach win East Midlands franchise
W14_Fishbourne wrote:
On Jun 22, 9:20 am, Chris Tolley wrote: Paul Corfield wrote: Once again, we see the magic of the franchise bidding system at work. Promise a huge premium to win the bid, then get the customers to foot the bill for it. Who else do you think is going to pay for it? You miss my point. If there are two similar bidders, one of whom offers no fare rises above inflation and no premium, while the other offers a golden promise tied to raising fares above inflation, experience suggests that the latter will win the bid, and the customers will fare worse (pun retained). Don't forget that as use of the network increases off-peak is becoming almost as busy as the peak. Off-peak fares were low to encourage people to fill otherwise empty seats. If there aren't so many empty seats... I'm mainly an off-peak traveller, and my experience doesn't really match your description, except when the schools are out. -- http://gallery120232.fotopic.net/p9632952.html (43 071 at Cardiff Central, 30 Jun 1999) |
Stagecoach win East Midlands franchise
Bob wrote:
Are there any secret plans to raise off peak fares No. The plans to raise off peak fares are in plain view. -- http://gallery120232.fotopic.net/p10907010.html (43 097 at Crewe, 28 Apr 2001) |
Stagecoach win East Midlands franchise
In message , at 08:18:55 on
Fri, 22 Jun 2007, Paul Corfield remarked: * A new hourly service between Kettering and London, increasing the number of off peak services on the midland main line to five trains per hour. It has also been agreed in principle to extend this service to a new station at Corby from December 2008. This removes the need to split and join trains at Leicester. I don't follow this at all. What removes the need to split trains at Leicester - the Kettering service, or the extension to Corby? And why does the new Kettering service mean they "don't need to" run one stopper from London to Leicester per hour, then send two separate sections to Derby and Nottingham. If anything it would make it *more* of the right thing to do. * The new station at East Midlands Parkway will be served by two trains an hour from December 2008, One fast and one stopper perhaps? Alternating each between Derby and Nottingham, or what? And they'd better get cracking - still no sign of them breaking ground. * More investment including more than £5m on improvements to stations, at least 1250 extra car parking spaces Double-counting the parking spaces at EMP, perhaps? and the introduction of smart card technology by 2010. Oyster, or something else? * 50% of the price paid for a single-leg journey delayed by between 30 and 59 minutes; * 100% of the price paid for a single-leg journey delayed by between 60 and 119 minutes; and * 100% of the price paid for a return journey delayed by more than 119 minutes. So you can "tot up" the delays on a return trip, presumably. -- Roland Perry |
Stagecoach win East Midlands franchise
In message om, at
01:25:53 on Fri, 22 Jun 2007, Bob remarked: Are there any secret plans to raise off peak fares or to issue guards with instructions to treat passengers wanting to buy tickets on board as fare dodgers - see thread concerning SWT. I think we should be told. MML already operate a fierce "no ticket = Fare Dodger" policy. Have done for about a year. -- Roland Perry |
Stagecoach win East Midlands franchise
"Neil Williams" wrote in message oups.com... On Jun 22, 9:18 am, Paul Corfield wrote: Therefore discounts in renewal for season tickets valid between one month and one year in compensation for poor punctuality and reliability will be replaced by compensation based on delays to individual journeys, known as Delay/Repay. Under the new system, all passengers will be entitled to claim compensation for all delays, whatever their cause. Interesting. Perhaps this is in the hope that it will look good but at the same time reduce claims as people won't be bothered to make them? Thats definitely the conclusion we came to yesterday in the thread 'Season Ticket Delay compensation'... Paul |
Stagecoach win East Midlands franchise
In message .com, at
01:37:25 on Fri, 22 Jun 2007, W14_Fishbourne remarked: I think you'll still see very low bargain fares available - it's mainly the off-peak walk-up fares that'll be affected. So Saver fares aren't regulated? Is it just the CDRs which are. -- Roland Perry |
Stagecoach win East Midlands franchise
In uk.railway Neil Williams wrote:
On Jun 22, 9:18 am, Paul Corfield wrote: * The Community Rail service between Matlock and Derby will be increased to every hour and extended directly to Nottingham. Wonder how long that is guaranteed for if it becomes a big cash- waster? At a guess the Derby-Nottingham leg will subsidise the Matlock-Derby end... pete -- "how many clever men have called the sun a fool?" |
Stagecoach win East Midlands franchise
I posted back in February my thoughts on bidders and my first choice read:
1) Stagecoach. Not only winning by several lengths, but almost a one-horse race. Their bid manager, Rufus Boyd, really impressed me with his clarity of vision, understanding of region and understanding of problems. So on balance this is the best I could have hoped for I suppose. The dropping of the silly idea of splitting/joining Meridians at Leicester is good, but from where has NR found the path that wasn't there before? The Lincoln - London service is interesting. But, the press release is largely about ex-MML. It doesn't say a great deal about ex-CT rural lines. David |
Stagecoach win East Midlands franchise
W14_Fishbourne wrote:
On another topic entirely, this announcement means that National Express - once the biggest owner of TOCs is now down to one railway and c2c. (I expect these two TOCs to be merged, making the name "one" strangely prophetic!) Do you mean that you expect the DfT to merge the franchises (in which case, why wasn't LTS included in Greater Anglia in the first place?) or that you expect NatEx to market them as a 'common' entity (as with Virgin Trains as the trading name for both Virgin West Coast and Virgin CrossCountry)? In the latter case the TOCs cannot be merged as they are required to be accounted for independently, in line with the franchises, although a common branding can be applied. |
Stagecoach win East Midlands franchise
Jack Taylor wrote:
Do you mean that you expect the DfT to merge the franchises (in which case, why wasn't LTS included in Greater Anglia in the first place?) The idea is once the current c2c franchise expires, that it gets merged into the Greater Anglia setup. They both expire in 2011, at which point (assuming they have done well) NX can get a 3 year extension to One, which is likely to include c2c |
Stagecoach win East Midlands franchise
Great Eastern wrote:
Jack Taylor wrote: Do you mean that you expect the DfT to merge the franchises (in which case, why wasn't LTS included in Greater Anglia in the first place?) The idea is once the current c2c franchise expires, that it gets merged into the Greater Anglia setup. They both expire in 2011, at which point (assuming they have done well) NX can get a 3 year extension to One, which is likely to include c2c Forgot to add, c2c and One Railway already share certain departments (Accounts/Payroll and Customer Services for c2c are done by One) I suppose it wasnt included to begin with as there was no guarantee that NX would get Greater Anglia, and c2c didn't expire the same time as FGE/AR/WAGN |
Stagecoach win East Midlands franchise
On 22 Jun, 09:37, W14_Fishbourne wrote:
On another topic entirely, this announcement means that National Express - once the biggest owner of TOCs is now down to one railway and c2c. (I expect these two TOCs to be merged, making the name "one" strangely prophetic!) Did someone say "Bowker effect"? -- John Band john at johnband dot org www.johnband.org |
Stagecoach win East Midlands franchise
On Jun 22, 11:06 am, John B wrote:
On 22 Jun, 09:37, W14_Fishbourne wrote: Did someone say "Bowker effect"? -- To be fair, NX was losing TOCs well before Bowker turned up (Scotrail, Wales). He's simply been unable to stop the losses. |
Stagecoach win East Midlands franchise
On 22 Jun, 11:28, W14_Fishbourne wrote:
Did someone say "Bowker effect"? To be fair, NX was losing TOCs well before Bowker turned up (Scotrail, Wales). He's simply been unable to stop the losses. They won One shortly before his arrival, though - that was a pretty big win; I'd've thought it would offset W&W and Scotrail. -- John Band john at johnband dot org www.johnband.org |
Stagecoach win East Midlands franchise
On 22 Jun, 10:25, Pete Fenelon wrote:
In uk.railway Neil Williams wrote: On Jun 22, 9:18 am, Paul Corfield wrote: * The Community Rail service between Matlock and Derby will be increased to every hour and extended directly to Nottingham. Wonder how long that is guaranteed for if it becomes a big cash- waster? At a guess the Derby-Nottingham leg will subsidise the Matlock-Derby end... pete -- "how many clever men have called the sun a fool?" The DfT have been promising to reinstate the third Nottingham - Derby train each hour that Central (under instruction) chopped when the Skegness - Crewe service was split for quite a while now. I'm just a little surprised they've decided to do it this way rather than extend the Crewe trains back to Nottingham, although I'm sure the Matlock line users group will be delighted to get a regular hourly service again rather than the current irregular shuttle from Derby. GM |
Stagecoach win East Midlands franchise
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Stagecoach win East Midlands franchise
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Stagecoach win East Midlands franchise
On 22 Jun, 11:06, John B wrote:
Did someone say "Bowker effect"? From nationalexpressgroup.com "NX East Midlands Rail Franchise response 22/06/2007 National Express Group PLC ('the Group') notes today's announcement from the Department for Transport ('DfT') advising on the award of the East Midlands rail franchise. Commenting on the announcement, Richard Bowker, Chief Executive, said: 'We are very disappointed with today's announcement. We look forward to the DfT explaining the reasons for their decision. 'I would like to take this opportunity to thank all our employees at Midland Mainline and Central Trains. Midland Mainline's record of constant improvement has resulted in the company being top of industry league tables for operational performance as well as customer satisfaction, a record of which we are truly proud. 'The team at Central Trains have shown what can be achieved in a difficult franchise with the right people and the right focus.' He should perhaps have added "and much good has it done them". -- gordon |
Stagecoach win East Midlands franchise
GMac wrote:
although I'm sure the Matlock line users group will be delighted to get a regular hourly service again rather than the current irregular shuttle from Derby. Absolutely. With a new Matlock bus station currently under construction next to the railway station (as part of a supermarket scheme), this could sound like real joined-up thinking ... until one hears that a good proportion of the buses will not serve the new bus station. Why not? Because it will take too long to circumnavigate the town as a result of the new road layout ... which is part of the scheme to build the new bus station! John Geddes Derbyshire |
Stagecoach win East Midlands franchise
On 22 Jun, 09:20, Chris Tolley wrote:
Once again, we see the magic of the franchise bidding system at work. Promise a huge premium to win the bid, then get the customers to foot the bill for it. Presumably it will also give the competition authority wallahs an excuse to justify their existence by proclaiming a need to look at the implications of Stagey's local bus services and Megabus operations within the area of the franchise. Unlikely to change very much but the process will no doubt consume even more money from the taxpayers. -- gordon |
Stagecoach win East Midlands franchise
wrote in message oups.com... On 22 Jun, 09:20, Chris Tolley wrote: Once again, we see the magic of the franchise bidding system at work. Promise a huge premium to win the bid, then get the customers to foot the bill for it. Presumably it will also give the competition authority wallahs an excuse to justify their existence by proclaiming a need to look at the implications of Stagey's local bus services and Megabus operations within the area of the franchise. Unlikely to change very much but the process will no doubt consume even more money from the taxpayers. Why? They haven't been interested in Stagecoach Hampshire Bus down here... Paul |
Stagecoach win East Midlands franchise
On 22 Jun, 08:18, Paul Corfield wrote:
http://www.gnn.gov.uk/environment/fu...eID=293825&New... The Department for Transport has today announced that Stagecoach Midland Rail Limited (a subsidiary of Stagecoach Group plc) has been awarded the contract to run the new East Midlands franchise from 11th November 2007. [snip] There's a slightly different release (the Stock Market statement) on the DfT website at http://www.dft.gov.uk/pgr/rail/passenger/ franchises/emfranchise also giving the franchise subsidy/premia details - which are GNER-esque in their ambition, IMNSHO. The release says.... ---start quote--- Stock Market statement For immediate release: 07.00 22 June 2007 More services and extra capacity for the Midlands The Department for Transport today announced that Stagecoach Midland Rail Limited (a subsidiary of Stagecoach Group plc) has been awarded the contract to run the East Midlands franchise. The new franchise will begin on 11th November 2007and end on April 1st 2015. However the DfT has the right to terminate the franchise after six years if the operator is failing to meet agreed performance targets. The franchise will deliver increased capacity, better performance and the introduction of smartcard technology by 2010. The East Midlands franchise brings together current Midland Mainline services from London St Pancras and the eastern section of Central Trains. It will receive a subsidy in the early years of the franchise and pay a premium in the later years. Over the seven year and four month life of the franchise a premium of £133m (NPV) will be paid to the Department. Benefits to passengers include: * An extra hourly Kettering - London service, with agreement to extend this to a new station at Corby * A new direct daily service between Lincoln and London * Two trains an hour between London and the new East Midlands Parkway station from 2008 * A 9% increase in peak capacity into and out of London St Pancras, plus more carriages on the busiest trains between Liverpool and Nottingham. * More than £5m of improvements at stations and more than £20m on enhancing rolling stock; * Provision of at least 1250 new car parking spaces and 400 more bicycle spaces; * Forecast 90.4% punctuality and reliability by the end of the franchise The Government will continue to limit annual rises of regulated fares in line with national policy, which is currently RPI+1%. As with all franchises, unregulated fares will be the responsibility of the operator. In the East Midlands, Stagecoach Midland Rail Limited is expected to increase unregulated fares by an average of RPI+3.4% per annum. Passengers will benefit from new arrangements to be compensated for delays and poor performance. ENDS Notes to Editors: 1. The premium profile for the East Midlands franchise is: Mar-08 35,651,000* Mar-09 64,291,000 Mar-10 36,461,000 Mar-11 424,000 Mar-12 (43,842,000) Mar-13 (77,355,000) Mar-14 (98,315,000) Mar-15 (154,978,000) (Nominal, part years indicated with asterisks, premium numbers in brackets) 2. The parties invited to submit bids for the East Midlands franchise were Arriva Trains East Midlands Limited (Arriva plc); First East Midlands Limited (First Group plc); NXE Trains Limited (National Express Group plc); Stagecoach Midland Rail Limited (Stagecoach Group plc). 3. The new passenger refund system, Delay/Repay, will compensate season ticket holders for delays to journeys they have actually taken, not on the basis of overall performance. This is the same compensation system as currently operates for single, return and weekly ticket holders. Refunds will be on the basis of the proportional daily cost of season tickets, with a 50% single refund for delays of 30-59 minutes, 100% single refund for delays of 60-119 minutes, and 100% return refund for delays of 120 minutes+. This system will be rolled out nationally during the term of each new franchise. 4. More details are available on the Department for Transport website at www.dft.gov.uk ---end quote--- (I've reformatted the subsidy/premia table to make it easier to read, and added the "thousands" which are not shown in the table on the original release) R. |
Stagecoach win East Midlands franchise
On 22 Jun, 08:18, Paul Corfield wrote:
http://www.gnn.gov.uk/environment/fu...eID=293825&New... The Department for Transport has today announced that Stagecoach Midland Rail Limited (a subsidiary of Stagecoach Group plc) has been awarded the contract to run the new East Midlands franchise from 11th November 2007. And here's what Stagecoach have to say... http://www.stagecoachgroup.com/scg/media/press/pr2007/2007-06-22/ ---start quote--- Stagecoach Group welcomes East Midlands rail franchise win Jump to top navigationJump to site services 22/06/2007 Stagecoach Group today (22 June 2007) welcomed the decision by the Department for Transport ("The DfT") to award it the new East Midlands rail franchise. The new 7-year and 4-month franchise, which is worth £235million in annual total revenues, will run from 11 November 2007. The last 16 months are dependent on meeting performance targets. Stagecoach engaged with more than 80 local, regional and national stakeholder organisations in developing its proposals for East Midlands, which combines the current Midland Mainline franchise and regional services transferred from Central Trains. Brian Souter, Chief Executive of Stagecoach Group, said: "We are delighted to be entrusted by the Government with the contract to run a key rail franchise in a region that is the heart of the UK transport and logistics economy, with significant growth potential. "We plan to win back customers from the car and grow the market by delivering a high-quality service that meets the diverse needs of short and long distance commuters, business and leisure travellers. "Our innovative and value-for-money plans are designed to meet the challenges of growing demand, improving passenger perceptions of service and security, and making it easier for people to travel by train. "We look forward to delivering a comprehensive package of train, station and security investment, improved operational performance, increased capacity, state-of-the-art ticketing options and a range of other customer benefits. "This is an excellent result for passengers, taxpayers and our shareholders, and we will be working closely with local stakeholders to help meet their aspiration for the area to become one of the top 20 regions in Europe." The new franchise incorporates a multi-million-pound investment programme and will generate £133million (Net Present Value) in premium payments to the DfT over the period for the franchise. Under the franchise, regulated fares will rise annually by RPI +1% in line with Government policy, while unregulated fares are expected to increase by an average of RPI + 3.4% per annum. The East Midlands rail franchise will operate trains from the new St Pancras International station, providing direct connections with Eurostar services to Paris and Brussels following the opening of the Channel Tunnel Rail Link. The key highlights of the new franchise, which will be operated under a single overarching brand and managed from headquarters in the East Midlands, include: Improved journeys and improved punctuality * Faster journeys to Sheffield (2h08mins) and Leicester (1hr07mins) from London as part of a new timetable in December 2008 with potential further infrastructure-based improvements thereafter * Additional early morning train from Derby to cater for high levels of morning peak demand * Further features of the December 2008 timetable change include: o A new daily direct service between London and Lincoln o An hourly Nottingham-Matlock service o An additional off-peak service each hour from London, allowing a new train service exclusively to serve stations south of Leicester * Performance plans that will help improve the public performance measure (PPM) to 90.4% from 83.6% by focusing on poorer performing regional services and trains Fleet improvement and capacity * Significant increase in capacity, with more than 850 extra mainline peak seats into and out of London and an increase of nearly 10,000 off-peak seats per weekday * Increasing main line frequency to five trains per hour between the peaks * Bring forward first morning train arrival into London to provide an integrated connection to Eurostar for business passengers travelling to continent * Additional high speed train set from June 2012 to increase capacity in time for the Summer Olympic and Paralympic Games * A 35% increase in capacity on Norwich-Liverpool weekday services * A 9% increase in weekday capacity on other regional routes * A £26.5m fleet interior and performance improvement programme, including décor, seats, on-train CCTV and technical modifications * Significant investment at Derby train maintenance depot (Etches Park), which will become the centre of train maintenance operations Security * A centralised Information and Security Centre to respond to Help Point requests and monitor CCTV cameras * Additional CCTV cameras at 12 stations and mobile security staff coverage for stations and trains * More than 60 new or upgraded Help Points at 35 stations * Senior Conductors, Train Managers and Revenue Protection staff equipped with PDAs to improve information provision and security for customers * Secure Station Accreditation covering 87% of passenger journeys on the franchise * More visible staff presence on trains and at key stations to improve personal security * Accreditation of three further secure station car parks Fares and Ticketing * Investment in Smartcard technology to make ticket purchasing much easier * Promotion of internet purchasing and telesales * Introduction of megabus.com fares * Flexible ticket options, with different prices depending on the time of travel, including a trial to attract passengers to the shoulder peak using Smartcard * Installation of around 70 new self-service ticket vending machines to reduce ticket office queues and provide ticket retailing at locations such as Syston and Sutton Parkway for the first time * Introduction of automatic gates at four additional stations to improve security and reduce ticketless travel, resulting in nearly 90% of passenger journeys being gated at least at one end Station enhancements * A £5m station investment, including a programme at the busiest stations covering: o refurbishment of waiting rooms, shelters, booking halls and toilets, improved internal lighting, replacement seating, new cycle racks and repairs to forecourts. o fitting out East Midlands Parkway station building and completing access * Repainting and new signage across all stations Customer service and stakeholder relations * New passenger charter with clear targets and compensation structure based on the 'Delay Repay' model supported by Passenger Focus * Better customer information * Provision of an additional 750 car parking spaces, in addition to 500 spaces at East Midlands Parkway funded by Network Rail and the DfT * Improved links with local authorities and regional government agencies * New dedicated management posts to improve stakeholder relations and manage a range of transport integration improvements, including additional cycle parking facilities, bus through ticketing and Community Rail partnerships Corby Station and Rail Service * A competitive option has been offered to the Department for Transport for the provision of rail services to a potential new rail station at Corby ENDS For further information, please contact: Martin Griffiths Stagecoach Group 01738 442111 Steve Stewart Stagecoach Group 01738 442111 or 07764 774680 John Kiely Smithfield Consultants 020 7360 4900 NOTES TO EDITORS East Midlands rail franchise The East Midlands Franchise comprises: * the former Midland Mainline franchise that operated high speed long distance services from London St. Pancras to Sheffield, Derby and Nottingham * the regional services formerly operated by Central Trains between Nottingham and Derby/Lincoln/Cleethorpes/Skegness, between Derby and Crewe/Matlock/ and Norwich and Liverpool It is planned that the franchise will run until 31 March 2015, the last year and 4 months of which will be conditional upon achieving pre- set performance targets. Stagecoach Group Stagecoach Group is a leading international transportation group, with extensive bus and rail operations in the UK and North America. The Group's businesses operate around 12,000 vehicles and rolling stock, and employ around 27,000 people. Rail Stagecoach operates the South Western rail franchise, which includes the South West Trains and Island Line networks. South West Trains, the UK's biggest commuter rail network, runs nearly 1700 trains a day in the south-west of England out of London Waterloo. Island Line, on the Isle of Wight, has been designated a Community Rail Partnership. In addition, Stagecoach has a 49% shareholding in Virgin Rail Group, which operates the CrossCountry and West Coast inter-city rail franchises. Stagecoach operates the Supertram network in Sheffield, a 29km tram system incorporating three routes in the city, on a 27-year concession running until 2024. Stagecoach Group plc has signed a contract with Greater Manchester Passenger Transport Executive ("GMPTE") to operate and maintain the Manchester Metrolink tram network. The 10-year contract, which will commence in July 2007, involves the operation and maintenance of the 37km Manchester Metrolink system and the associated infrastructure. It will include managing a number of special projects sponsored by GMPTE to improve the trams and infrastructure to benefit passengers. Stagecoach Metrolink will also be responsible for operating tram services on the new Metrolink lines to Oldham, Rochdale, Droylsden and Chorlton. A Stagecoach-Virgin joint venture, inter city - railways ltd, has been shortlisted for the InterCity East Coast rail franchise, which is expected to start in autumn 2007. Virgin Rail Group has been shortlisted for the new Cross Country franchise, commencing in November 2007. ---end quote--- I've yet to read it fully, or to compare Dft and Stagecoach releases. But I've got my ten-gallon hat ready for driving my very own Stagecoach [the new name for a Dogbox ;o) ] R. |
Stagecoach win East Midlands franchise
"Ross-a-travelling" wrote in message ups.com... On 22 Jun, 08:18, Paul Corfield wrote: http://www.gnn.gov.uk/environment/fu...eID=293825&New... The Department for Transport has today announced that Stagecoach Midland Rail Limited (a subsidiary of Stagecoach Group plc) has been awarded the contract to run the new East Midlands franchise from 11th November 2007. [snip] There's a slightly different release (the Stock Market statement) on the DfT website at http://www.dft.gov.uk/pgr/rail/passenger/ franchises/emfranchise also giving the franchise subsidy/premia details - which are GNER-esque in their ambition, IMNSHO. I think your maths is a little bit out there Ross, GNER was £1.3billion over the life of the franchise. The new East Midlands is only about a tenth of that. Paul |
Stagecoach win East Midlands franchise
On 22 Jun, 16:35, "Paul Scott" wrote:
"Ross-a-travelling" wrote in message [...] There's a slightly different release (the Stock Market statement) on the DfT website at http://www.dft.gov.uk/pgr/rail/passenger/ franchises/emfranchise also giving the franchise subsidy/premia details - which are GNER-esque in their ambition, IMNSHO. I think your maths is a little bit out there Ross, GNER was £1.3billion over the life of the franchise. The new East Midlands is only about a tenth of that. I'm referring to the contextual nature of ambition, not cold hard cash. ISTR that CT was pretty consistently subsidised to the tune of 60 million a year, and yet the EMids franchise requires a drop of 30 million (or so) in the second full year of the franchise and then equally massive changes each year afterwards? It's gonna be interesting, especially as EMids has CT's deep rural stuff. R. |
Stagecoach win East Midlands franchise
"Ross-a-travelling" wrote in message s.com... On 22 Jun, 16:35, "Paul Scott" wrote: "Ross-a-travelling" wrote in message [...] There's a slightly different release (the Stock Market statement) on the DfT website at http://www.dft.gov.uk/pgr/rail/passenger/ franchises/emfranchise also giving the franchise subsidy/premia details - which are GNER-esque in their ambition, IMNSHO. I think your maths is a little bit out there Ross, GNER was £1.3billion over the life of the franchise. The new East Midlands is only about a tenth of that. I'm referring to the contextual nature of ambition, not cold hard cash. ISTR that CT was pretty consistently subsidised to the tune of 60 million a year, and yet the EMids franchise requires a drop of 30 million (or so) in the second full year of the franchise and then equally massive changes each year afterwards? It's gonna be interesting, especially as EMids has CT's deep rural stuff. Understood - FGW must have similar problems balancing the requirements of rural and London bound services - and they seem to have a stupid premium profile too. By the way did anyone notice FGW are in trouble with accounting standards people, for over stating their profits by reporting certain maintenance costs as exceptional items? Perhaps someone who knows about these things could explain more... Paul |
Stagecoach win East Midlands franchise
Interesting, that's two franchises now where warning has been given of
increases in off-peak fares has been (though it's not a commitment, one way or the other). You don't suppose that DfT was a bit p****d off with Stagecoach's suddenly jacking up off-peak fares on SWT in one massive go. |
Stagecoach win East Midlands franchise
In message . com, at
08:08:52 on Fri, 22 Jun 2007, Ross-a-travelling remarked: 1. The premium profile for the East Midlands franchise is: Mar-08 35,651,000* Mar-09 64,291,000 Mar-10 36,461,000 Mar-11 424,000 Mar-12 (43,842,000) Mar-13 (77,355,000) Mar-14 (98,315,000) Mar-15 (154,978,000) Huge increases in the later years. GNER all over again :( If revenues (ie turnover) is £235M per annum [1], then by 2015 they are expecting a collosol percentage profit margin. [1] It's not clear if that's an average, 2007 figure or what. But even if it's 2007 and increasing linearly 10% per annum, that's only £423M by 2015, implying a profit margin of 23% -- Roland Perry |
Stagecoach win East Midlands franchise
On 22 Jun, 10:26, "David Thornhill" wrote:
[....] But, the press release is largely about ex-MML. It doesn't say a great deal about ex-CT rural lines. I suspect that the outlook for the rural lines will be similar to today's weather forecast: "More of the same". R. |
Stagecoach win East Midlands franchise
W14_Fishbourne wrote in
oups.com: Interesting, that's two franchises now where warning has been given of increases in off-peak fares has been (though it's not a commitment, one way or the other). You don't suppose that DfT was a bit p****d off with Stagecoach's suddenly jacking up off-peak fares on SWT in one massive go. So when SWT comes up for renewal, as long as a bidder says beforehand: "We intend to quadruple all our fares every two weeks" that will be okay and they're bound to be the front-runner...? More seriously, as pointed out by several people in various places: a major benefit of running much more frequent services is that it attracts passengers to "turn up and go". If you make walk-on services far more expensive even at off-peak times (eg with ATW's abolition of the Supersaver, which didn't attract the volume of complaints it should have done) then you negate the advantages of having a "turn up and go" railway in the first place! -- Bewdley, Worcs. ~90m asl. |
Stagecoach win East Midlands franchise
On Fri, 22 Jun 2007 01:27:56 -0700, Neil Williams wrote:
Are there any secret plans to raise off peak fares or to issue guards with instructions to treat passengers wanting to buy tickets on board as fare dodgers - see thread concerning SWT. I think we should be told. Unregulated fares = off peak fares, or as good as. Hmmm. My understanding was that, basically, regulated fares = walk-on off-peak fares (CDR/SVR), and seasons. Unregulated fares = peak walk-on fares (SDR/SOR) and advance purchase. |
Stagecoach win East Midlands franchise
"Chris Tolley" wrote in message
... Paul Corfield wrote: Over the life of the franchise, seven years and four months, the DfT will receive a premium of £133m from Stagecoach Midland Rail Limited. and Stagecoach Midland Rail Limited have indicated they may wish to raise unregulated fares annually by an average of 3.4% above inflation. Once again, we see the magic of the franchise bidding system at work. Promise a huge premium to win the bid, then get the customers to foot the bill for it. Yup, alrady suffering that on SouthWest Trains, where 1 pound in every 5 goes to the government. Not Network Rail, or anywhere else related to the railway, but straight into the exchequer as general taxation. There may not be VAT on transport, but there's already a 25% (stealth) tax on my train fares. |
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