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Railhub Archive
2000-02-18 SRA-001
Shadow Strategic Rail Authority

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Change of control for MTL franchises


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Merseyrail Electrics
*ME1
franchises
franchising



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Shadow Strategic Rail Authority

Change of control for MTL franchises
_______________________________________________________________


date
18 February 2000
source Shadow Strategic Rail Authority
type Press release



A change of ownership for the Northern Spirit (NS) and Merseyrail Electrics
(MEL) passenger rail franchises, both previously operated by MTL Rail Ltd,
was agreed in principle by Mike Grant, Franchising Director and Chief
Executive of the Shadow Strategic Rail Authority today.

With effect from 00.01 hours on Friday, 18 February 2000, the new owner of
these networks will be Arriva plc, whose group will hold the franchise rights for
twelve months to 18 February 2001. The SSRA is currently conducting a
competitive programme of franchise replacement negotiations. Arriva have
assumed ownership on the understanding that both Northern Spirit and
Merseyrail Electrics will be renegotiated on this basis, following expiry of their
twelve month tenure.

Merseyside Passenger Transport Executive, co signatory with the SSRA on
the MEL franchise, have also given their consent in principle to the change.
Services on both networks will be maintained at current levels. There will be
no change to the levels of operating subsidy contributed by the SSRA and the
local Passenger Transport Executives in West Yorkshire, South Yorkshire,
Greater Manchester, Tyne & Wear, and Merseyside, which also remains as
originally negotiated with MTL.

Note to Editors

The Franchising Director's approval is subject to completion of legal
documentation which, once completed, will be placed on his public register.


Railhub Archive ::: 2000-02-18 SRA-001





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