Stagecoach Group ("Stagecoach") and Virgin
Group ("Virgin") announced today (25 April 2017) that they are joining
forces with French high speed operator SNCF to bid for the West Coast
Partnership rail franchise.
The Government has announced that the West Coast Partnership franchise will run from 2019. The franchise will include current West Coast services and the first few years of operation of High Speed 2 ("HS2") services.
Stagecoach has a 50% share in the bid
vehicle, West Coast Partnership Limited, with a 30% share held by SNCF
and the remaining 20% owned by Virgin. It is envisaged that services
under a successful bid would carry the Virgin brand.
Martin Griffiths, Chief Executive of Stagecoach Group, said: "This creates a powerful world-class partnership, bringing together the team which has transformed inter-city rail travel in theUK with the most recognised and capable high speed operator in Europe .
"The new franchise has an important role to play in delivering the improvements and space on our railway that can support our communities and economy. Together, we have a very strong track record of working effectively with other rail partners and infrastructure providers, as well as using cutting edge technology to achieve a step change in customer service."
Patrick McCall, Virgin Trains co-Chairman said: "I'm delighted that SNCF has come on board, and together we will put forward what we hope is the winning bid for the nextWest Coast ,
and first HS2, franchise. We've just celebrated twenty years of Virgin
Trains and this news puts us in the best possible position to make it
thirty.
Martin Griffiths, Chief Executive of Stagecoach Group, said: "This creates a powerful world-class partnership, bringing together the team which has transformed inter-city rail travel in the
"The new franchise has an important role to play in delivering the improvements and space on our railway that can support our communities and economy. Together, we have a very strong track record of working effectively with other rail partners and infrastructure providers, as well as using cutting edge technology to achieve a step change in customer service."
Patrick McCall, Virgin Trains co-Chairman said: "I'm delighted that SNCF has come on board, and together we will put forward what we hope is the winning bid for the next
"We've always focussed on customers throughout our history, introducing many UK
firsts such as tilting trains, automatic compensation for delays,
M-Ticketing and free films and TV on-board via our BEAM service. We're
thrilled about the prospect of continuing and improving this record of
innovation with the UK's first long distance high speed network, as well as with our friends and communities along the West Coast ."
Guillaume Pepy, Chairman and CEO of SNCF said: "This is a very exciting development for SNCF. We are world leaders in high speed rail. SNCF has a long-standing commitment to working in partnership with British companies, using their local knowledge and sharing our expertise and experience.
"Today, we are delighted to announce this next step in our commitment to UK
rail, working with partners who have demonstrated their own expertise
in long distance rail services and are highly regarded in the industry.
We appreciate Stagecoach's widespread expertise across a variety of
transport modes and Virgin's reputation for its renowned customer
experience. In partnership, we will deliver a successful HS2 service for
the UK ."