Train Graphic
Great Western Passengers' Forum Great Western Coffee Shop - [home] and [about]
Read about the forum [here].
Register and contribute [here] - it's free.
 22/10/2018 - ACoRP board nominations close
29/10/2018 - Avocet line AGM
30/10/2018 - Minehaed Rail Link Group
31/10/2018 - CCIF Applications close
06/11/2018 - Talk Oxford / 800 intro
10/11/2018 - RailFuture National Conference
Random Image
Train Running @GWR Twitter Acronyms/Abbreviations Station Comparator Rail News GWR co. site Site Style 1 2 3 4 Chat on off
October 19, 2018, 12:00:21 pm *
Welcome, Guest. Please login or register.

Login with username, password and session length
Forgotten your username or password? - get a reminder
Most liked recent subjects
[90] Great Western Main Line electrification - ongoing discussion
[82] IETs into passenger service from 16 Oct 2017 and subsequent pe...
[38] Channel 5 series - Paddington Station 24/7, starting 11 Septem...
[38] Newly restored "Flying Scotsman" back in service - o...
[28] Phil's Madventures
[26] Infrastructure problems in Thames Valley causing disruption el...
News: A forum for passengers ... with input from rail professionals welcomed too
 
   Home   Help Search Calendar Login Register  
Pages: [1]
  Print  
Author Topic: 1.5 million journeys made as new Oxford, Bicester and London link turns 1 today  (Read 4253 times)
Chris from Nailsea
Administrator
Hero Member
*****
Posts: 17451


I am not railway staff


View Profile Email
« on: November 02, 2016, 12:07:56 am »

From the Oxford Mail:

Quote
1.5 million journeys made as new Oxford, Bicester and London link turns one today

Rail bosses are celebrating more than 1.5m journeys made in the first year of a new link between Oxford, Bicester and London Marylebone.

As it prepared to open the final section of the line into central Oxford, Chiltern Railways said the new route had already ‘transformed the travel landscape’.

It opened Oxford Parkway Station, near Water Eaton, exactly one year ago today – marking the first new rail link between a major British city and London in a century.

Since then 638,000 passengers have used it, with another one million using the new Bicester Village station, the firm revealed.

Chiltern Railways provided £130m of private funding for the scheme, with government-owned Network Rail providing £190m.

Dave Penney, Chiltern Railways managing director, said: “The first year of the new Oxford Parkway to London Marylebone line has transformed the travel landscape within Oxfordshire.”

And chief project engineer Stephen Barker added: “We are really satisfied with our new service and it has been tremendously successful. What we are focusing on now is extending the service to central Oxford in December and providing the best possible experience for our customers.”

Network Rail area director Martin Ball said the work had been part of the organisation’s improvement plan for the national rail network. He said: “We continue to work closely with Chiltern Railways.”

At the moment Chiltern runs two fast trains per hour from Oxford Parkway and Bicester Village station to London, with journeys typically taking an hour. But the company hopes to run trains from central Oxford in December.

This has involved work by Network Rail to double the tracks through North Oxford, but the firm has also been required to follow strict rules for providing noise reduction measures for people living next to the tracks.

It is hoped the final section of the line, between Oxford Parkway and Oxford Station, will open on December 12. From that point, passengers will for the first time have a choice between operators for trips to London. A season ticket costs £4,832.

A spokesman for rival operator Great Western Railway said yesterday: “The GWR network is undergoing it’s greatest investment programme since Brunel, which will deliver more trains, more seats and more frequent services for our passengers, including those from Oxford. The first inter-city express trains are being tested in the UK and are due into passenger service within a year.”

Ian Hudspeth, Conservative leader of Oxfordshire County Council, said he hoped the extension of Chiltern services to Oxford Station would boost competition.

He added: “I know the service from Oxford Parkway is first class and, like GWR, have used it many times. The two compliment each other and hopefully the competition means even better experiences for customers.”

Mr Hudspeth, a county councillor for Woodstock, said he also wanted bus companies to introduce a service from the town via Oxford Parkway, so residents can get connections to London. He said: “That would be a fantastic thing to have and I hope we see it soon.”

However Chiltern’s new service has not been controversy-free. After it was first introduced, commuters complained of delayed and overcrowded trains because of the new timetable.


Logged

William Huskisson MP was the first person to be killed by a train while crossing the tracks, in 1830.  Many more have died in the same way since then.  Don't take a chance: stop, look, listen.

"Level crossings are safe, unless they are used in an unsafe manner."  Discuss.
ChrisB
Transport Scholar
Hero Member
******
Posts: 9701


View Profile Email
« Reply #1 on: November 02, 2016, 08:15:57 am »

So that's actually 1.6million+ journey's then?....

And Chiltern borrowed that £130million, and will leave the following franchisee to pay off most of it?
Logged
stuving
Transport Scholar
Hero Member
******
Posts: 3392


View Profile
« Reply #2 on: November 02, 2016, 10:07:25 am »

So that's actually 1.6million+ journey's then?....

And Chiltern borrowed that £130million, and will leave the following franchisee to pay off most of it?

That debt can't be just left with "the franchise", as "the franchise" has no legal existence and can't own or owe anything. If the investment was unforeseen at the outset it would need to be designated as a (relevant) franchise asset, valued as a "residual value amount", and bought out by the successor franchisee or DfT. That kind of mechanism is in all the franchise agreements.

In practice Evergreen as a whole has been covered by the original 2002 franchise and subsequent agreements. These provide for revised output targets, a "Strategic Route Add On" payment, and of course in theory (theoretical theory at least) NR's investment will be recovered through track access charges.

However, if you look at the total cost and divide it by the journeys per year you get about £200. The cost is overall and the route's not yet open, so that should go down. But if it's still about £100, and that has to be recovered over (say) 50 years, it's a £2 contribution off each fare (plus interest - do you remember that?). And that's just for the add-on infrastructure, so excludes the pre-existing bit and anything else new that's not part of Evergreen.
« Last Edit: November 02, 2016, 10:31:39 am by stuving » Logged
IndustryInsider
Hero Member
*****
Posts: 6708


View Profile
« Reply #3 on: November 02, 2016, 10:11:31 am »

£1.5+ million is a pretty meaningless figure.  The figures I'd be interested in are the number of journeys from Oxford Parkway that are new passengers and the number that have transferred from GWR services.  Also, whether the number of Bicester Village visitors from the London direction has increased now that they don't have to bother with buses from Bicester North.
Logged

To view my cab run over the new Reading Viaduct as well as a relief line cab ride at Reading just after Platforms 12-15 opened and my 'before and after' video comparison of the Cotswold Line Redoubling scheme, see: http://www.dailymotion.com/user/IndustryInsider/1
ChrisB
Transport Scholar
Hero Member
******
Posts: 9701


View Profile Email
« Reply #4 on: November 02, 2016, 11:18:15 am »

a "Strategic Route Add On" payment, and of course in theory (theoretical theory at least) NR's investment will be recovered through track access charges.

Yep - that's the legacy for the next franchise - increased track access charges & an add-on payment
Logged
stuving
Transport Scholar
Hero Member
******
Posts: 3392


View Profile
« Reply #5 on: November 02, 2016, 11:48:31 am »

a "Strategic Route Add On" payment, and of course in theory (theoretical theory at least) NR's investment will be recovered through track access charges.

Yep - that's the legacy for the next franchise - increased track access charges & an add-on payment

But any following franchisee (or the current one, either by rebidding or an agreed extension on varied terms) would have to volunteer to pay that by bidding. So if paying it would be too onerous, DfT picks up the tab.
Logged
ChrisB
Transport Scholar
Hero Member
******
Posts: 9701


View Profile Email
« Reply #6 on: November 02, 2016, 11:55:52 am »

Hmm - the DfT simply put it in the ITT, and include it in the next franchise contract. The winning TOC would have zero choice if they want the contract.
Logged
stuving
Transport Scholar
Hero Member
******
Posts: 3392


View Profile
« Reply #7 on: November 02, 2016, 12:18:27 pm »

Hmm - the DfT simply put it in the ITT, and include it in the next franchise contract. The winning TOC would have zero choice if they want the contract.

So they won't bid, will they?  In any case, under current rules I don't think the sum bid to pay to/from DfT is subject to floor or ceiling.

An encumbent might want to stay enough to pay a bit more, and so might a company that's lost other franchises. But ultimately each bid has to be potentially profitable, or the bidder won't survive as a company.
Logged
ChrisB
Transport Scholar
Hero Member
******
Posts: 9701


View Profile Email
« Reply #8 on: November 02, 2016, 12:23:51 pm »

I think it won't deter bidders...
Logged
Do you have something you would like to add to this thread, or would you like to raise a new question at the Coffee Shop? Please [register] (it is free) if you have not done so before, or login (at the top of this page) if you already have an account - we would love to read what you have to say!

You can find out more about how this forum works [here] - that will link you to a copy of the forum agreement that you can read before you join, and tell you very much more about how we operate. We are an independent forum, provided and run by customers of Great Western Railway, for customers of Great Western Railway and we welcome railway professionals as members too, in either a personal or official capacity. Views expressed in posts are not necessarily the views of the operators of the forum.

As well as posting messages onto existing threads, and starting new subjects, members can communicate with each other through personal messages if they wish. And once members have made a certain number of posts, they will automatically be admitted to the "frequent posters club", where subjects not-for-public-domain are discussed; anything from the occasional rant to meetups we may be having ...

 
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.2 | SMF © 2006-2007, Simple Machines LLC Valid XHTML 1.0! Valid CSS!
This forum is provided by a customer of Great Western Railway (formerly First Great Western), and the 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 the content provided by one of our posters contravenes our posting rules (email link). Forum hosted by Well House Consultants