Sign in or Register | Newsletter
 
 
Register today to receive each issue absolutely FREE!




David Chalmers, marketing director, Europe at Cvent discusses the...

Kate Bishop at LOLA Event Staffing, shares her best practice on...

EN catches up with Interchange MD Phil Vann as the registration,...

Exhibition News May 2015
May 2015

Richard Branson loses bid for Virgin Trains West Coast Mainline franchise
posted on: 15/8/2012 09:28:27
richard branson

Virgin Trains has lost its bid to continue running the West Coast Mainline franchise.
 
The new contract, which starts on 9 December 2012 and runs through to 31 March 2026, will be run by the UK’s largest rail operator, FirstGroup, which says it will offer “substantial improvements in the quality and frequency of services”.
 
The West Coast Mainline route serves 31m passengers travelling between London, the West Midlands, the North West, North Wales and the central belt of Scotland. The new contract arrangement will see train services into key exhibitions destinations including The NEC in Birmingham and the Scottish Exhibition and Conference Centre in Glasgow change hands.
 
Virgin Group’s founder, Sir Richard Branson, said the company’s loss of the franchise was “very disappointing news”.
 
“Over the last 15 years Virgin’s staff have worked hard to transform this railway. We submitted a strong and deliverable bid based on improving customers’ experience, increased investment and sustained innovation. To have bid more would have involved dramatic cuts to customer quality and considerable fare rises which we were unwilling to entertain,” said Branson.
 
“We also did not want to risk letting everybody down with almost certain bankruptcy at some time during the franchise as happened to GNER and National Express who overbid on the East Coast mainline. Sadly the Government has chosen to take that risk with First Group and we only hope they will continue to drive dramatic improvements on this line for years to come without letting everybody down,” he added.
 
FirstGroup says it will introduce 11 new 125mph six-car electric trains on the Birmingham-to-Glasgow route and provide more direct services between destinations.
 
Additional Pendolino tilting trains currently being introduced by Virgin will deliver more than 28,000 seats a day.
 
The Government says FirstGroup’s new trains should add a further 12,000 seats a day on West Coast routes from 2016.
 
FirstGroup’s chief executive Tim O’Toole said it was a good deal for the company and the public.
 
"Our bid also delivers value for taxpayers by returning premiums to the government underpinned by sustainable growth in passenger numbers and revenues from the utilisation of significant available capacity," he said.
 
Do you have a news story for EN? Email: exhibitionnews@mashmedia.net


Print:
Email:
Share article:

COMMENTS
Would you like to Leave a Comment?

LATEST NEWS
Record London Comic Con for MCM Expo
posted on: 27/5/2015 10:17:50
Actors from star shows The Walking Dead, Once Upon a Time and NCIS were among the attractions at this year’s record-breaking MCM London Comic Con.

Business media group Tarsus has announced the acquisition of PAINWeek from Aventine Co, in a deal worth up to US$27.5m (£17.85m).

AEO announces 2015 conference programme
posted on: 26/5/2015 11:15:08
The Association of Event Organisers (AEO) has announced that the Hilton Metropole, Brighton will host this year’s AEO Conference on 3-4 September.

Poonam Kapoor joins Twickenham Experience team
posted on: 26/5/2015 10:09:08
Twickenham Experience has announced the appointment of Poonam Kapoor as event coordinator.

IMEX Frankfurt looks ahead to 2016
posted on: 26/5/2015 09:41:26
The 2015 edition of IMEX Frankfurt attracted nearly 9,000 visitors and Hosted Buyers, said group chairman Ray Bloom at the show’s closing press conference at Messe Frankfurt.