DOCSLIB.ORG

37299 SWML RUS 48Pp.Indd

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
37299 SWML RUS 48Pp.Indd South West Main Line Route Utilisation Strategy March 2006 Foreword I am pleased to introduce the first Route regulatory process for determining Utilisation Strategy (RUS) published by Network Rail’s income between 2009 Network Rail, which covers the South West and 2014. These longer-term improvements Main Line and includes the lines into include a requirement for significant London Waterloo. additional rolling stock to meet the growth in passenger demand. Following the Government White Paper, ‘The Future of Rail’, Network Rail was charged However, there are some improvements with developing Route Utilisation Strategies which are urgently needed and could on behalf of the rail industry, following on be delivered within the next three years. from the previous work of the Strategic Rail I am particularly pleased that amongst Authority. It is a task we have taken forward in these early improvements recommended is a consultative way, involving key stakeholders the gauge enhancement of the route from such as train and freight operators, local Southampton to Reading to carry the larger authorities and passenger groups at every step W10 containers preferred by many of our of the way. As such, this RUS for the South freight customers. This would be excellent West Main Line should be seen as the product news for the rail freight market, and allow of the rail industry, not just of Network Rail. them to build upon the considerable growth seen in recent years. This strategy was consulted upon in November 2005, and since then has been Another early improvement proposed by the subject to a period of intensive discussion RUS is the introduction of an hourly service with stakeholders. As well as this consultative between London Waterloo and Exeter, process, further study and analysis has been something much demanded by regional undertaken on each of the options set out in stakeholders in the south west. This would the Draft for Consultation. require significant infrastructure works on the line, but would mean a big improvement in Network Rail is ambitious for the South West services to passengers. Main Line. The line has witnessed considerable growth in demand in recent years, and this These improvements, amongst the many is forecast to continue in the future. The others proposed by the strategy, reflect strategy responds to this by recommending Network Rail’s ambitions to grow the South a programme of improvements which will grow West Main Line. I am proud to present this capacity on the route, seeking to meet the as the first Route Utilisation Strategy needs of both passengers and freight. developed by Network Rail. The strategy recognises that some major improvements will take time to deliver and John Armitt these will need to be discussed with the Chief Executive Department for Transport as part of the Correct at time of going to print 2 3 Executive summary The South West Main Line (SWML) Route of network capacity on London peak services Measures to address overcrowding ■ The redevelopment of Waterloo station is Utilisation Strategy (RUS) is the first to be requiring correction. Other parts of the SWML in the peak period a key step towards the operation of longer published in Network Rail’s RUS programme. network also have capability and operational trains – first ten cars, later twelve – across ■ Work has begun on the development In addition to ongoing informal consultation weaknesses that, without action, would result the suburban network. It is recommended of sophisticated but practical ‘peak with a wide group of stakeholders throughout in a shortfall from the desired outputs across that the entire suburban network is management’ techniques. An opportunity the process, a formal consultation was the RUS timeframe. extended for ten-car operation by 2014, exists with the development of new undertaken between November 2005 and beginning with the Windsor and Reading A few of the measures proposed have no ticketing technology to introduce more January 2006. The resulting strategy is lines which are the most crowded. material cost; some will cover their costs flexible and sophisticated pricing in the outlined in this document and supported financially within a few years; and some high peak hour and peak shoulders. ■ Short term measures to improve the by appendices containing information on require investment that is justified by wider The strategy aims to manage both supply effectiveness and capacity of the accepted and rejected options, consultation benefits to the economy. Where appropriate, and demand to meet forecast growth concourse at Waterloo station, primarily responses and other supporting data. These the train service changes associated with efficiently rather than suppress it. gating the platforms and reducing appendices are available on the Network Rail these measures will be included in the the space reserved for retail, will be website at www.networkrail.co.uk. ■ There is no practical scope to run Department for Transport’s Invitation to Tender progressed as necessary in the run additional trains into London Waterloo A range of measures has been identified to for the South Western franchise; either in the up to the redevelopment of Waterloo in the high peak, and the existing trains make effective and efficient use of railway base specification or as priced options. station. In order to provide the operational are at their maximum permitted length. capacity and to develop additional capacity. capacity and flexibility necessary for the Over the whole peak period, some These measures have been selected on the redevelopment project, the Waterloo crowded trains in the peak shoulders can basis of their value for money and potential International Terminal (WIT) should be be lengthened. High priority cases have affordability across the ten-year period of reserved for this use when Eurostar been identified that should be lengthened the strategy. services transfer to St Pancras. as soon as practicable. Continued strong growth in both passenger ■ The proposed redevelopment of Waterloo and freight demand is predicted to be a key station, including the Waterloo International feature of the next ten years. The areas Terminal, would double the concourse that are currently most congested, such capacity and extend all platforms to as peak-time passenger services to and accommodate at least ten-car trains. from London, will get much worse unless Remodelling of the station and, eventually, growth is addressed. Unlike some other the track on its approach is recommended routes, there is no clear sub-optimal use as the cornerstone of the rail industry’s strategy for the SWML. 4 5 Measures to improve the effective Measures to develop freight Contingent projects use of capacity capability The RUS includes consideration of the ■ The timetable ‘Rules of the Plan’ will be ■ There is a strong case for enhancing the relationship between the strategy proposals continuously reviewed in the light of new rail freight route between the Southampton and three major projects: AirTrack, Thameslink rolling stock and infrastructure capabilities container terminals and Reading to provide Programme and Crossrail. in order to achieve and maintain the most W10 capability, which would enable the effective balance between performance retention and expansion of rail market The longer term and capacity. In the majority of locations share by accommodating the growing The steps proposed will close the gaps across the SWML, evidence supports proportion of large containers. The timing identified on the SWML over the ten-year the view that the current rules represent and form of the gauge enhancement is scope of the strategy. The RUS also sets out a robust balance, allowing maximum being further examined in the Freight RUS a framework for investment to address growth utilisation of capacity while establishing as the route continues beyond Reading to over the next twenty years or more, such as minimum acceptable performance the West Midlands and North of England. progressively lengthening trains and platforms standards from an operational and to twelve cars throughout the SWML suburban scheduling perspective. A limited number Measures to develop capacity in network. Integration with forthcoming major of small improvements have been identified the south west renewal schemes in the Waterloo – Clapham for implementation from the December ■ Regional stakeholders on the West of Junction area will establish the foundation for 2006 timetable. England line seek an hourly London a long-term strategy. ■ Station facilities should be developed to Waterloo to Exeter service and an improve access by appropriate modes of additional hourly Axminster to Exeter transport. As a priority, development of the service. This would require additional best-value car park expansion schemes, infrastructure and would provide an such as Southampton Airport Parkway enhanced service level in an area of and Winchfield, will be progressed by the network where capacity is heavily Network Rail in conjunction with the constrained. Network Rail is working with franchise holder. Opportunities to improve stakeholders to identify funding solutions cycle storage facilities, pedestrian access for part or all of this proposal, including and bus stops will be explored through the the possible use of the Network Rail South Western franchise competition. Discretionary Fund. ■ Service alterations in the Southampton-Salisbury-Weymouth area have been developed with the Department for Transport and the Association of Train Operating Companies. The alterations include a rebalancing of service groups and stopping patterns to better match resources to demand, with only a very minimal impact on service levels for specific stations. ■ A revised platforming strategy at Portsmouth Harbour will improve performance and should be implemented in the December 2006 timetable. This has no impact on service levels to any stations. 6 7 Contents Document Guide 4 Strategy 20 The South West Main Line Route Utilisation The printed document contains the 4.1 Overview 20 Strategy consists of a strategy document context and scope, an overview of the 4.2 Key strategic considerations 23 and appendices.
Load more

Recommended publications
  • South West Main Line Strategic Study 3 MB
    OFFICIAL South West Main Line Strategic Study Phase 1 2021 1 OFFICIAL Network Rail Table of Contents 1.0 Executive Summary ............................................................................................................................................ 3 2.0 Long-Term Planning Process ........................................................................................................................... 6 3.0 The South West Main Line Today................................................................................................................. 8 4.0 Strategic Context ..............................................................................................................................................13 5.0 South West Main Line - Demand ................................................................................................................25 6.0 Capacity Analysis ..............................................................................................................................................34 7.0 Intervention Feasibility ...................................................................................................................................59 8.0 Emerging Strategic Advice ............................................................................................................................62 Appendix A – Safety Baseline .....................................................................................................................................74 Appendix B – Development
    [Show full text]
  • Tracks the Monthly Magazine of the Inter City Railway Society
    Tracks the monthly magazine of the Inter City Railway Society Volume 40 No.7 July 2012 Inter City Railway Society founded 1973 www.icrs.org.uk The content of the magazine is the copyright of the Society No part of this magazine may be reproduced without prior permission of the copyright holder President: Simon Mutten (01603 715701) Coppercoin, 12 Blofield Corner Rd, Blofield, Norwich, Norfolk NR13 4RT Chairman: Carl Watson - [email protected] (07403 040533) 14, Partridge Gardens, Waterlooville, Hampshire PO8 9XG Treasurer: Peter Britcliffe - [email protected] (01429 234180) 9 Voltigeur Drive, Hart, Hartlepool TS27 3BS Membership Secretary: Trevor Roots - [email protected] (01466 760724) (07765 337700) Mill of Botary, Cairnie, Huntly, Aberdeenshire AB54 4UD Secretary: Stuart Moore - [email protected] (01603 714735) 64 Blofield Corner Rd, Blofield, Norwich, Norfolk NR13 4SA Magazine: Editorial Manager: Trevor Roots - [email protected] details as above Editorial Team: Sightings: James Holloway - [email protected] (0121 744 2351) 246 Longmore Road, Shirley, Solihull B90 3ES Traffic News: John Barton - [email protected] (0121 770 2205) 46, Arbor Way, Chelmsley Wood, Birmingham B37 7LD Website: Website Manager: Mark Richards - [email protected] 7 Parkside, Furzton, Milton Keynes, Bucks. MK4 1BX Yahoo Administrator: Steve Revill Books: Publications Manager: Carl Watson - [email protected] details as above Publications Team: Combine & Individual / Irish: Carl Watson - [email protected] Pocket Book: Carl Watson / Trevor Roots - [email protected] Wagons: Scott Yeates - [email protected] Name Directory: Eddie Rathmill / Trevor Roots - [email protected] USF: Scott Yeates / Carl Watson / Trevor Roots - [email protected] Contents: Officials Contact List .....................................2 Traffic and Traction News................
    [Show full text]
  • Annex G – Forming & Delivering a Strategy
    Swindon and Wiltshire Rail Study 09/05/2019 Reference number 107523 ANNEX G – FORMING & DELIVERING A STRATEGY SWINDON AND WILTSHIRE RAIL STUDY ANNEX G – FORMING & DELIVERING A STRATEGY IDENTIFICATION TABLE Client/Project owner Swindon and Wiltshire Local Enterprise Partnership Project Swindon and Wiltshire Rail Study Study Annex G – Forming & Delivering a Strategy Type of document Report Date 09/05/2019 File name Framework N/A Reference number 107523 Number of pages 33 APPROVAL Version Name Position Date Modifications Author J Jackson Associate 12/03/2019 Checked A Sykes Associate 13/03/2019 1 by Approved D Bishop Director 15/03/2019 by Author J Jackson Associate 09/05/2019 Checked A Sykes Associate 09/05/2019 2 by Approved A Sykes Associate 09/05/2019 by TABLE OF CONTENTS 1. INTRODUCTION 6 2. IDENTIFYING THE COMPONENTS OF THE STRATEGY 7 3. NETWORK-WIDE INITIATIVES 8 4. GREAT WESTERN MAINLINE 11 RECOMMENDATIONS 11 PHASE 0: 1 TPH WESTBURY – SWINDON 12 PHASE 1: 1 TPH SOUTHAMPTON CENTRAL – SWINDON 13 PHASE 2 & 2A: GREAT WESTERN CONNECT 14 PHASE 3: EXTENSION OF GREAT WESTERN CONNECT 16 DELIVERY OF GREAT WESTERN CONNECT 16 THE SOUTH COTSWOLDS LINE 17 5. BERKS & HANTS ROUTE 18 EXTENSION OF LONDON – BEDWYN SERVICES 18 DEVIZES PARKWAY 19 EXTENSION OF LONDON – WESTBURY SERVICES TO BRISTOL (PEAK ONLY) 19 ENHANCEMENT OF PADDINGTON – EXETER SERVICES TO HOURLY 19 DELIVERING AND ENHANCED BERKS & HANTS SERVICE 19 6. WEST OF ENGLAND LINE 21 SALISBURY – LONDON JOURNEY TIME REDUCTIONS 21 PORTON STATION 22 WILTON STATION 23 ANDOVER – LUDGERSHALL LINE 23 7. TRANS WILTS CORRIDOR 24 ASHTON PARK STATION 25 THE IMPACT OF METRO WEST 25 8.
    [Show full text]
  • Submissions to the Call for Evidence from Organisations
    Submissions to the call for evidence from organisations Ref Organisation RD - 1 Abbey Flyer Users Group (ABFLY) RD - 2 ASLEF RD - 3 C2c RD - 4 Chiltern Railways RD - 5 Clapham Transport Users Group RD - 6 London Borough of Ealing RD - 7 East Surrey Transport Committee RD – 8a East Sussex RD – 8b East Sussex Appendix RD - 9 London Borough of Enfield RD - 10 England’s Economic Heartland RD – 11a Enterprise M3 LEP RD – 11b Enterprise M3 LEP RD - 12 First Great Western RD – 13a Govia Thameslink Railway RD – 13b Govia Thameslink Railway (second submission) RD - 14 Hertfordshire County Council RD - 15 Institute for Public Policy Research RD - 16 Kent County Council RD - 17 London Councils RD - 18 London Travelwatch RD – 19a Mayor and TfL RD – 19b Mayor and TfL RD - 20 Mill Hill Neighbourhood Forum RD - 21 Network Rail RD – 22a Passenger Transport Executive Group (PTEG) RD – 22b Passenger Transport Executive Group (PTEG) – Annex RD - 23 London Borough of Redbridge RD - 24 Reigate, Redhill and District Rail Users Association RD - 25 RMT RD - 26 Sevenoaks Rail Travellers Association RD - 27 South London Partnership RD - 28 Southeastern RD - 29 Surrey County Council RD - 30 The Railway Consultancy RD - 31 Tonbridge Line Commuters RD - 32 Transport Focus RD - 33 West Midlands ITA RD – 34a West Sussex County Council RD – 34b West Sussex County Council Appendix RD - 1 Dear Mr Berry In responding to your consultation exercise at https://www.london.gov.uk/mayor-assembly/london- assembly/investigations/how-would-you-run-your-own-railway, I must firstly apologise for slightly missing the 1st July deadline, but nonetheless I hope that these views can still be taken into consideration by the Transport Committee.
    [Show full text]
  • Draft Portfolio Holder Decision Notice
    PHD674 Ward(s): General DRAFT PORTFOLIO HOLDER DECISION NOTICE PROPOSED INDIVIDUAL DECISION BY THE PORTFOLIO HOLDER FOR HIGH QUALITY ENVIRONMENT) TOPIC – STAKEHOLDER CONSULTATION SOUTH WESTERN RAIL FRANCHISE PROCEDURAL INFORMATION The Access to Information Procedure Rules – Part 4, Section 22 of the Council’s Constitution provides for a decision to be made by an individual member of Cabinet. In accordance with the Procedure Rules, the Chief Operating Officer, the Chief Executive and the Chief Finance Officer are consulted together with Chairman and Vice Chairman of The Overview and Scrutiny Committee and any other relevant overview and scrutiny committee. In addition, all Members are notified. Five or more of these consulted Members can require that the matter be referred to Cabinet for determination. If you wish to make representation on this proposed Decision please contact the relevant Portfolio Holder and the following Democratic Services Officer by 5.00pm on Wednesday 10 February 2016. Contact Officers: Case Officer: Dan Massey, Tel: 01962 848534, Email: [email protected] Democratic Services Officer: Nancy Graham, Tel: 01962 848235, Email: [email protected] SUMMARY The South Western rail franchise is a vital part of the national rail network that serves a market extending from central and south west London to major towns and cities in Berkshire, Devon, Dorset, Hampshire, Surrey and Wiltshire; it also provides services on the Isle of Wight. The franchise area serves a diverse market providing connectivity that includes airports, ports, universities, sporting and cultural centres, theme parks and National Parks. The South Western rail franchise supports commuters, businesses, and local communities, as well as providing services for the tourist and leisure markets.
    [Show full text]
  • Great Western Route Utilisation Strategy March 2010 Foreword
    Great Western Route Utilisation Strategy March 2010 Foreword I am delighted to present the Great Western Development of this strategy has followed Route Utilisation Strategy (RUS), which sets a now well-established process. Initially, an out the strategic vision for the future of this analysis was carried out into the capacity and vital part of the rail network. As well as the capability of the existing network and train Great Western Main Line itself, the strategy services taking into account major changes covers the network north to Ashchurch and planned over the next 10 years. Future Bicester Town and south to Basingstoke, demand was then analysed with a number of Salisbury and Dorchester. “Gaps” identified and options to resolve these gaps appraised. Those which demonstrated This August will see the 175th anniversary the best value for money are included in of the Great Western Railway. Today, that the strategy. railway carries tens of millions of passengers a year through the Thames Valley, the West The dominant issue is the need to provide Country and Wales. Working closely with our sufficient capacity on peak services, train operating customers, Network Rail is specifically to and from London but also for delivering an ever improving service for those Bristol and Exeter. In the short to medium term passengers, and for freight users. the approach focuses on enabling longer trains to serve these routes, particularly through the More people are choosing to travel by train, introduction of IEP, which will increase capacity and high levels of growth are predicted through new rolling stock and an enhanced to continue, particularly around London timetable, but also through train lengthening Paddington and Bristol.
    [Show full text]
  • Strategic Corridor Evidence Base
    Transport Strategy for the South East ___ Strategic Corridor Evidence Base Client: Transport for the South East 10 December 2019 Our ref: 234337 Contents Page 4 Introduction 4 Definitions 5 Sources and Presentation 6 Strategic Corridor maps Appendices SE South East Radial Corridors SC South Central Radial Corridors SW South West Radial Corridors IO Inner Orbital Corridors OO Outer Orbital Corridors 3 | 10 December 2019 Strategic Corridor Evidence Base Introduction Introduction Definitions Table 1 | Strategic Corridor definitions 1 This document presents the evidence base 5 There are 23 Strategic Corridors in South East Area Ref Corridor Name M2/A2/Chatham Main Line underpinning the case for investment in the South England. These corridors were identified by SE1 (Dartford – Dover) East’s Strategic Corridors. It has been prepared for Transport for the South East, its Constituent A299/Chatham Main Line SE2 Transport for the South East (TfSE) – the emerging Authorities, and other stakeholders involved in the South (Faversham – Ramsgate) East M20/A20/High Speed 1/South Eastern Main Line SE3 Sub-National Transport Body for South East England development of the Economic Connectivity Review. (Dover – Sidcup) A21/Hastings Line – in support of its development of a Transport Since this review was published, the corridors have SE5 (Hastings – Sevenoaks) A22/A264/Oxted Line Strategy for South East England. been grouped into five areas. Some of the definitions SC1 (Crawley – Eastbourne) and names of some corridors cited in the Economic South M23/A23/Brighton
    [Show full text]
  • Wimbledon, 1951-53 (And a Few Other Railway Memories)
    Wimbledon, 1951-53 (and a few other railway memories) JDB, August 2013, minor additions and corrections May/August 2015 Neither this nor its companion piece “Derby Day, 1949” lays claim to any particular literary or other merit; they are merely pieces of first-hand reportage which may perhaps be of interest to future transport historians. In September 1951, I started going to school in Wimbledon. This involved a train journey morning and evening, an experience which put me off commuting for life but which also led to an interest in railways that still survives. In particular, one of the ways of walking from the station to school followed a footpath alongside the railway for the first half mile or so. Wimbledon is seven miles out of Waterloo, on what was originally the main line of the London and Southampton Railway. In due course, this became the London and South Western, then it was grouped into the Southern Railway, and by 1951 it had become part of British Railways. The lines from Waterloo divide at Clapham Junction, a line towards Windsor and Reading branching off to the north, and there are several connections between the two. One is at Putney, where a steep climb leads up to East Putney station on the Wimbledon branch of the London Underground District Line, and a Waterloo to Wimbledon suburban service via East Putney used this until 1941. Wimbledon station had been completely rebuilt in 1929, and in 1951 it comprised ten platforms. Four were terminal platforms for the District Line, this side of the station being essentially self-contained though there was a connection from the East Putney line to the main line just outside.
    [Show full text]
  • C17 Land Disposal, Andover Station Yard, Hampshire Decision Notice
    Les Waters Senior Manager, Licensing Railway Markets and Economics Telephone 020 7282 2106 E-mail: [email protected] Company Secretary Network Rail Infrastructure Limited 1 Eversholt Street London NW1 2DN 17 January 2020 Network licence Condition 17 (land disposal): Andover station yard, Hampshire Decision 1. On 3 October 2019, Network Rail gave notice of its intention to dispose of land at Andover station yard, Hampshire (“the land”), in accordance with Condition 17 of its network licence. The land is described in more detail in the notice (copy attached) and at Annex B. 2. We have considered the information supplied by Network Rail including the responses received from third parties consulted. For the purposes of Condition 17 of Network Rail’s network licence, ORR consents to the disposal of the land in accordance with the particulars set out in its notice. Reasons for decision 3. In considering this case, and with Network Rail’s agreement, we considered it appropriate, under Condition 17.5 of Network Rail’s network licence, to extend the deadline to 20 January 2020, to allow Network Rail sufficient time to address the points we raised below. i. We considered that the disposal was inconsistent with Network Rail’s freight site enhancements plan for Andover, as it would remove the area designated as a “Bufferstop Overrun Risk Zone” (shown in Annex B). Further, the proposed disposal could also reduce operational flexibility for passenger train through-running towards Basingstoke and beyond, and it was not clear whether this had been considered sufficiently. ii. We noted that Andover Town Council wished to see redevelopment north of Andover station, which would include the provision of direct pedestrian access to the station.
    [Show full text]
  • Haslemere to Farnham
    Haslemere to Farnham 1st walk check 2nd walk check 3rd walk check 25th February 2017 Current status Document last updated Monday, 14th December 2020 This document and information herein are copyrighted to Saturday Walkers’ Club. If you are interested in printing or displaying any of this material, Saturday Walkers’ Club grants permission to use, copy, and distribute this document delivered from this World Wide Web server with the following conditions: • The document will not be edited or abridged, and the material will be produced exactly as it appears. Modification of the material or use of it for any other purpose is a violation of our copyright and other proprietary rights. • Reproduction of this document is for free distribution and will not be sold. • This permission is granted for a one-time distribution. • All copies, links, or pages of the documents must carry the following copyright notice and this permission notice: Saturday Walkers’ Club, Copyright © 2012-2020, used with permission. All rights reserved. www.walkingclub.org.uk This walk has been checked as noted above, however the publisher cannot accept responsibility for any problems encountered by readers. Haslemere to Farnham Start: Haslemere Station Finish: Farnham Station Haslemere Station, map reference SU 897 329, is 62 km south west of Charing Cross, 139m above sea level. Farnham Station, map reference SU 844 465, is 15 km north north west of Haslemere and 76m above sea level. Both towns are in Surrey. Length: 23.6 km (14.7 mi), of which 6.1 km (3.8 mi) on tarmac or concrete. Cumulative ascent/descent: 384/447m.
    [Show full text]
  • Council Meeting Agenda
    FARNHAM TOWN COUNCIL Agenda Full Council Time and date 7.00pm on Thursday 24th September 2015 Place The Council Chamber, South Street, Farnham, GU9 7RN TO: ALL MEMBERS OF THE COUNCIL Dear Councillor You are hereby summoned to attend a Meeting of FARNHAM TOWN COUNCIL to be held on THURSDAY 24 September 2015, at 7.00PM, in the COUNCIL CHAMBER, SOUTH STREET, FARNHAM, SURREY GU9 7RN. The Agenda for the meeting is attached Yours sincerely Iain Lynch Town Clerk Members’ Apologies Members are requested to submit their apologies and any Declarations of Interest on the relevant form attached to this agenda to Ginny Gordon, by 5 pm on the day before the meeting. Recording of Council Meetings This meeting is digitally recorded for the use of the Council only. Members of the public may be recorded or photographed during the meeting and should advise the Clerk prior to the meeting if there are any concerns about this. Members of the Public are welcome and have a right to attend this Meeting. Please note that there is a maximum capacity of 30 in the public gallery 1 FARNHAM TOWN COUNCIL Disclosure of Interests Form Notification by a Member of a disclosable pecuniary interest in a matter under consideration at a meeting (Localism Act 2011). Please use the form below to state in which Agenda Items you have an interest. If you have a disclosable pecuniary or other interest in an item, please indicate whether you wish to speak (refer to Farnham Town Council’s Code of Conduct for details) As required by the Localism Act 2011, I HEREBY Declare, that I have a disclosable pecuniary or personal interest in the following matter(s).
    [Show full text]
  • Investor Report 01 01 16
    Investor Report 1 July 2018 – 30 June 2019 1 Angel Trains Investor Report – 1 July 2011 to 30 June 2012 1 GENERAL OVERVIEW Angel Trains Group (the “Group”) performed strongly during the period with EBITDA at £412.1m, an increase of £1.3m on the corresponding previous 12 month period. The Group has maintained credit metrics consistent with the Baa2 credit rating throughout the period, following the rating affirmation by Moody’s during December 2018. At 30 June 2019 the Group owned 4,421 vehicles. During the period, new leases were entered into with nine franchises (including four franchise extensions), accounting for 1,802 vehicles (40.8%) of the Group’s existing portfolio. Between 2019 and 2022 a further 1,376 vehicles are due for re- lease; excluding those which are covered by Section 54 undertakings. During the same period an additional 120 new bi-mode vehicles will be delivered. At the period end, 96.6% of the Group’s portfolio was on lease. The off-lease vehicles are a small number of Class 317 and HST vehicles. All are life expired with no further economic value attributed to them. A small number of Class 442 vehicles are earmarked for disposal. 2 SIGNIFICANT BUSINESS DEVELOPMENTS 2.1 New significant business developments for the period ending 30 June 2019 New Trains There were no new train procurements during the period. However, focus on project management delivery continues with regards the following new trains: Angel Trains is procuring 24 x 5-car AT300 bi-mode intercity trains (Class 802), which will be manufactured by Hitachi Rail Europe and utilised by FirstGroup on the TransPennine Express (“TPE”) franchise and by First Hull Trains.
    [Show full text]