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Title: GWR Press Release - Statement re Great Western franchise Post by: ChrisB on December 08, 2016, 14:55:48 Quote Released : 06.12.2016 (1458hrs) FIRSTGROUP PLC STATEMENT RE GREAT WESTERN FRANCHISE FirstGroup plc notes that the Department of Transport (DfT) is now assuming that it will exercise its option to extend the Great Western direct award by 13 reporting periods to April 2020 in its latest franchise timetable, published today. Title: Re: GWR Press Release - Statement re Great Western franchise Post by: Tim on December 08, 2016, 15:11:19 what a weird wording. Does this mean that the DfT hasn't bothered to ask First to take an extension?
Title: Re: GWR Press Release - Statement re Great Western franchise Post by: old original on December 08, 2016, 16:36:11 assumption being the mother of all.......
Title: Re: GWR Press Release - Statement re Great Western franchise Post by: devonexpress on December 08, 2016, 16:37:48 what a weird wording. Does this mean that the DfT hasn't bothered to ask First to take an extension? It means due to the delays in the electrification process, GWR will be run by First group until 2020. Title: Re: GWR Press Release - Statement re Great Western franchise Post by: Oxonhutch on December 09, 2016, 09:32:34 2020. Isn't that the definition of hindsight?
Title: Re: GWR Press Release - Statement re Great Western franchise Post by: Noggin on December 09, 2016, 22:44:44 what a weird wording. Does this mean that the DfT hasn't bothered to ask First to take an extension? It certainly seems that way. Possibly that DfT were planning to announce it at 4.30pm on 24th December, whilst the directors at First would rather that it was announced earlier as the markets tend to be a bit excitable in December, and that way they could flog a few shares at a good price to pay for their ski holidays. This page is printed from the "Coffee Shop" forum at http://gwr.passenger.chat which is provided by a customer of Great Western Railway. Views expressed are those of the individual posters concerned. Visit www.gwr.com for the official Great Western Railway website. Please contact the administrators of this site if you feel that content provided contravenes our posting rules ( see http://railcustomer.info/1761 ). The forum is hosted by Well House Consultants - http://www.wellho.net |