Tag Archives: FirstGroup

FirstGroup to fight Virgin on East Coast

A request by FirstGroup to start open access services between London and Edinburgh on the ECML has been granted by the ORR, though a rival application by GNER was rejected. The Rail Regulator has also allowed East Coast franchised operator, Virgin Trains East Coast (VTEC), to run more services and serve additional destinations. Continue reading FirstGroup to fight Virgin on East Coast

Franchise losses depresses FirstGroup results

FirstGroup results for the six months ended 30 September 2015 were in line with management expectations, says chief executive, Tim O’ Toole. Results were depressed compared to H1 2014, partly due to the termination of the First Capital Connect (FCC) and First ScotRail (FSR) passenger franchises (in September 2014 and March 2015 respectively). Continue reading Franchise losses depresses FirstGroup results