FirstGroup and MTR team up for South Western rail bid
The franchise, which is currently run by Perth-based Stagecoach, will be awarded in February 2017, and FirstGroup was shortlisted for the route earlier this year.
Steve Montgomery, First Rail managing director, said: “We have extensive expertise of running commuter, inter-urban, regional and long distance services – such as those that make up the South Western franchise – and a strong track record in delivering passenger growth.”
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Hide AdFirstGroup said MTR, which will take a 30 per cent stake, runs successful suburban and commuter railways, and “their knowledge from running London Overground and TfL Rail on behalf of Transport for London will add further depth and understanding to an important component of this franchise”.