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On 7 Jul, 18:42, ONscotland wrote:
On 6 Jul, 08:44, wrote: On 6 Jul, 03:20, TheOneKEA wrote: On Jul 5, 5:07 pm, Bob wrote: Possible bidders would include Britain's top five bus and rail operators, Stagecoach Group (SGC.L: Quote, Profile , Research), Go- Ahead Group (GOG.L: Quote, Profile , Research), First Group (FGP.L: Quote, Profile , Research), National Express (NEX.L: Quote, Profile , Research) and Arriva (ARI.L: Quote, Profile , Research), as well as Germany's Deutsche Bahn [DBN.UL] and French bus and rail operator Keolis, the source added. 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. *has horrible mental images of Barbie swirls all over the 168/Xs* There are suggestions going round that whilst Chiltern is doing very well on punctuality etc. there are many problems to do with other "key performance indicators" linked to retaining the franchise that need very urgent attention. (suggested as one reason behind the change of MD recently announced) - so whilst it may seem to be doing very well it could be that there are issues that need to be resolved elsewhere in the company that we aren't aware of. Tony Probably not to do with 'key performance indicators', but my last few trips on Chiltern have been very disappointing train. A recent journey to Birmingham was on what was perhaps the grottiest train I have ever travelled on - the walls inside had ancient coffee stains, the carpets looked like they hadn't been cleaned in months and the table was sticky. Yuck. Their staff are good, and Marylebone station is a credit to them (I don't think it's a Network Rail one)... but I for one find Chiltern's reputation better than the reality. That said, I bet National Express will be keen to pick them up... or First. Please don't let it be First! Would a management buy out be viable (afterall that's what led to M40 Trains being created in the first place) Richard Bowker isn't a fan (so he told me) of buying up other franchises/businesses. And - re. another point - if Chiltern decide to "take their ball home" they lose a very large performance bond and could still be liable to pay any costs of running the franchise until it was re-let - including the cost of reletting it. When Connex let go of South Central early GoVia actually had to buy them out of the remainder of the franchise. Tony |
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