Well Roger, we are still waiting. July came and went, so did August. End of next week did not happen either! Any sign of ANYTHING emerging from Brush yet??
This project is so quiet - something isn't right. I'm starting to wonder if it is even "active" and just part of a smokescreen by Porterbrook. The Porterbrook chairman moaning about new franchises in The FT was clearly targeted at West Midlands Trains - they took the 323s off Northern in the expectation the new WM franchise would want them - but they were wrong and they ordered new trains.
Now the 43 323s have no home after next year. So it will be interesting to see what happens to the Northern 323s as they all due for C6 exams end of this year and next. If they return to Northern then something is up. If Northern can secure the future of the entire 323 fleet post-2020 then I see the 769 trial canned in favour of some new bi-modes. The 769 project has serious inherent risks and could end up wasting Porterbrook's time and money if it doesn't work.
The 319s have been maximised - most of them entered service in 1987/88 and are past the 30 year mark that rolling stock is usually amortised to - whereas most of the 323s only entered service in 1995 and should be going until at least 2025. As far as I'm concerned the only franchise who would be interested in the 323s at all is Northern - but if they don't want them then Porterbrook may have to write them off to keep EMU leasing costs profitable and will have no option but to keep the existing 319s and pray the 769 project actually works. If they play it wrong they could end having to write off the 323s, the 769 project failing due to structural/unreliability issues and end up with clapped out 319s with only a few years left in them. Porterbrook have already messed it up once with assuming the new WM franchise would take all the 323s so I'm sure they're wary of not making another mistake.
My point is the 769 project is just a back-up business plan for Porterbrook - hence why nothing is happening fast. They want Northern to take the 323s for another 10 years. They know full well the 323s are far more suited to Northern routes - they have superior acceleration than the 319s and can operate as a 6 coach service on some Northern routes if needs be.
The revenue from Northern taking the 323s long term can be guaranteed against 30-40 new bi-modes from Stadler for Northern, ATW & GWR if the sums add up. Northern sign a lease agreement to take the 323 early next year and Stadler offer Porterbrook a good deal on the 755s once they've finished their tranche for Greater Anglia. I know it's conjecture and reading between business lines but this whole Flex saga has the feel of "
the reason this is taking so long is that it is not actually our Plan A and we are waiting on others to make a decision - namely Northern".