Stagecoach photograph

Stagecoach

Use attributes for filter !
Initial release Los Angeles
Directors John Ford
Based on"The Stage to Lordsburg" (1937); by Ernest Haycox
Screenplay Dudley Nichols
Ben Hecht
Date of Reg.
Date of Upd.
ID2219366
Send edit request

About Stagecoach


A group of disparate passengers battle personal demons and each other while racing through Indian country.

South Western Railway the franchise - £137m loss lose could

Feb 16,2020 6:59 am

South Western Railway, the auditor said there was "substantial doubt about its ability to continue as a "going concern"

A rail company has said it could lose its franchise after declaring a £137m loss.

South Western Railway (SWR) said it was in talks with the government on The Future of The Contract , which expires in 2024.

The Operator , the said owned by FirstGroup and Hong Kong-based company MTR, it was affected by issues, including strikes and the reliability of their infrastructure.

SWR-services were interrupted for 27 days in December, the latest in a series of strikes over The Future of the guard.

RMT union members have staged a series of strikes over The Future of the guard

for the year ending 31. March 2019, showed a loss after tax of £136. 9m.

He said talks with the DfT could lead to a new Treaty, or "termination of the [current] Treaty within the next 12 months".

SWR said that his owner had put some money aside for the "maximum unavoidable loss".

"Chaotic collapse'

A spokesman for the railway operator's Board, said: "SWR-the last performance was affected by issues such as the reliability of your infrastructure, schedule delays, and strikes.

"We are still in ongoing and constructive discussions with the DfT. "

the RMT rail union said, The Company should be removed, so that The Franchise can avoid immediately to "chaotic collapse".

the RMT been involved-members to be in More Than two years of strikes over a move from the SWR driver to operate The Train doors.

Analysis

Paul Clifton, BBC South transport correspondent

SWR has not been balancing The Books for some time. After two years of strikes by the Guards in the RMT union, which is no surprise.

the New trains are too late, the infrastructure is unreliable and the performance has been decreasing for years. This track is not good and most of his promises to the passengers have not been met.

But here, in black and white for the First Time , confirmation by the new Managing Director , Mark Hopwood, The Company could fail. Operations could be transferred to a government-controlled body.

I don't think it's The Most likely outcome. A new offer with the revised terms agreed is more likely. What is clear, however, that is considered as the last option being active.

A DfT spokesman said: "We monitor the financial health of all franchisees closely and we expect you to meet their contractual obligations.

"The government will soon bring us a White paper reforms recommended by the Williams Review, by the passengers of The First end of the complex franchising model and simplification of tariffs. "

SWR operates routes between London Waterloo, Reading, Bristol, Exeter, Weymouth and Portsmouth, as well as the Island Line on The Isle of Wight.

FirstGroup and MTR were awarded The Franchise in August 2017, after outbidding the previous operator of the Stagecoach .



Source of news: bbc.com

Stagecoach Photos

Related Persons

Next Profile ❯