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Class 701 'Aventra' trains for South Western Railway: progress updates

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NSEWonderer

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Today's testing:

5T91 - Clapham Yard - Clapham Yard - goes to Feltham Depot, reverses, goes to Reading, reverses, goes to Ascot, reverses, goes to Reading, reverses, and heads back to the Yard via Richmond finishing at around 4PM.
701028 I believe
 

mansonlo49

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another 701 coming out of storage from Bicester, any ideas? Thanks
 

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wickham

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I'm at Didcot and I've just seen it go past.
5Q76 1618 Bicester to Wimbledon Park running a bit late - can anyone confirm the unit number please.

== Doublepost prevention - post automatically merged: ==

5Q76 1618 Bicester to Wimbledon Park running a bit late - can anyone confirm the unit number please.
Sorry, must have been typing at the same time as "alanc" was answering the query !! (701015).
 

mansonlo49

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Afraid I don’t have an exact list, there might be one up thread, but a good mix of 701/0 and 701/5 still there
I’ve found some footage on internet 701027 and 701040 went to Bicester 2 years ago for storage, and haven’t find any more information since then, perhaps this two were still at Bicester
 
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ctom_s

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Not sure I'll be adding much to the thread as I'm sure there are others far more in the know but aside from the 701s which I'm seeing more often now it also seems more 450s are doing the suburban routes now. It's nice since they're air-conned but there's limited standing space. The 701s are great though there's always seats in coaches 9 and 10 going into London.
 

janahan

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My Wife, who is not a train geek or anythign like that, activly seeks out the "arterios" (as she refers to them) when commuting due to the better space, capacity, and AC, and even has figured out the times when there is an arterio service from feltham in the mornings, and times herself to catch it.
On a side note, When she first rode one, she obviously saw them always parked in sidings (feltham and clapham), and she asked me if i knew why they were not running them earlier. When i explained and pointed to this thread, the look on her face was... interesting.
 

norbitonflyer

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Twelve out today, although not all at once - 701041 being the only exception of those that have so far been in service.

Actually 701041 was working as recently as 0049 this morning (on 2K77, 0012 Waterloo to Strawberry Hill, so you could claim a full house!
 

Snow1964

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Rock Rail South Western plc has just filed its accounts for year to 31 Dec 2024.

Companies House just showing the receipt, the actual accounts will appear sometime in next few days. Should reveal lots of information, rental incomes, liquidated damages from train builders, possibly details of leases etc.


As a reminder :
2023 lease income was £28,558k, Alstom £36,954k
2022 lease income was £10,119k, Bombardier £67,633k, rebate £908k
2021 lease income £2,048k, Bombardier £61,778k, rebate 6078k
2020 lease income £122k, Bombardier £49,678k
2019 lease income £nil, Bombardier £4,028k

so by 31 Dec 2023 had received £220m in liquidated damages for late deliveries etc (presumably much of which has been passed on through chain and indirectly funded retaining the 455s so DfT wasn't fully paying for two fleets in parallel).
 

swtrains

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Twelve out today, although not all at once - 701041 being the only exception of those that have so far been in service.

Actually 701041 was working as recently as 0049 this morning (on 2K77, 0012 Waterloo to Strawberry Hill, so you could claim a full house!
There are 16 units out today!
 

Stephen42

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16?that's a lot compared to previous
That includes all units doing any kind of move. 11 passenger diagrams a day (though can be some cancellations) with 12 different units involved. One of the diagrams yesterday finished at 1am this morning so if you count that unit makes 13.

In addition to passenger units, 701028 did a circuit from Clapham, 701058 moved from Clapham to Wimbledon Park and 701021 moved from Wimbledon Park to Farnham.
 

mansonlo49

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That includes all units doing any kind of move. 11 passenger diagrams a day (though can be some cancellations) with 12 different units involved. One of the diagrams yesterday finished at 1am this morning so if you count that unit makes 13.

In addition to passenger units, 701028 did a circuit from Clapham, 701058 moved from Clapham to Wimbledon Park and 701021 moved from Wimbledon Park to Farnham.
That’s quite far to Farnham
 

Ian Hardy

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Not sure I'll be adding much to the thread as I'm sure there are others far more in the know but aside from the 701s which I'm seeing more often now it also seems more 450s are doing the suburban routes now. It's nice since they're air-conned but there's limited standing space. The 701s are great though there's always seats in coaches 9 and 10 going into London.
Perhaps they need to move coaches 9 and 10 to the other end of the train so they get better patronage:lol:
 

Snow1964

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Rock Rail South Western plc has just filed its accounts for year to 31 Dec 2024.

Companies House just showing the receipt, the actual accounts will appear sometime in next few days. Should reveal lots of information, rental incomes, liquidated damages from train builders, possibly details of leases etc.


As a reminder :
2023 lease income was £28,558k, Alstom £36,954k
2022 lease income was £10,119k, Bombardier £67,633k, rebate £908k
2021 lease income £2,048k, Bombardier £61,778k, rebate 6078k
2020 lease income £122k, Bombardier £49,678k
2019 lease income £nil, Bombardier £4,028k

so by 31 Dec 2023 had received £220m in liquidated damages for late deliveries etc (presumably much of which has been passed on through chain and indirectly funded retaining the 455s so DfT wasn't fully paying for two fleets in parallel).
Companies House now have full accounts.
Cover year 1st Jan - 31st Dec 2024

Rock Rail South Western plc made a loss of £4943k
Liquidated damages for late delivery from Alstom £8009k

Looks like they were getting lease revenue for most (or all) of 701 fleet, which suggests SWR were paying for them, even when not using them.

The Future developments states on 25 May 2025 new lease for 5 years with expected lease payments of £424m

Seems crazy that DfT has agreed to pay £84.8m per year
This is nearly half the fixed asset value (which notes near beginning show include capitalised interest). Another way of looking at this is they are paying about 40% of the value in 5 years, equivalent to giving the train a 12 year life !

The going concern note 1.2 says 87 trains were accepted at 31 December 2024, and obliged to pay leases, even if don't use them, so it confirms SWR have been paying for the units parked around the country (and presumably also paying for 455s at same time)


 

Nicholas Lewis

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Companies House now have full accounts.
Cover year 1st Jan - 31st Dec 2024

Rock Rail South Western plc made a loss of £4943k
Liquidated damages for late delivery from Alstom £8009k

Looks like they were getting lease revenue for most (or all) of 701 fleet, which suggests SWR were paying for them, even when not using them.
Thats not the fault of the owners of course. This whole fiasco really needs a deep dive by GBR when they get themselves on a form footing to ensure its not repeated on future rolling stock leases. The costs to the tax payer have been extraordinary here and given the industry will e under pressure on operating costs for the remainder of the parliament it can't afford another botched introduction. The irony here though is DfT will take credit now for what looks like a third or was it a fourth attempt to get them into traffic in a reliable manner and will be welcome given another mini heatwave next week.
The Future developments states on 25 May 2025 new lease for 5 years with expected lease payments of £424m

Seems crazy that DfT has agreed to pay £84.8m per year
This is nearly half the fixed asset value (which notes near beginning show include capitalised interest). Another way of looking at this is they are paying about 40% of the value in 5 years, equivalent to giving the train a 12 year life !
Indeed that was an awfully bad deal and we must surely now with any new train be entering into at least 30 year deals with the ROSCOs.
The going concern note 1.2 says 87 trains were accepted at 31 December 2024, and obliged to pay leases, even if don't use them, so it confirms SWR have been paying for the units parked around the country (and presumably also paying for 455s at same time)


 

WWTownEnth

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Had a rummage through next weeks short term planning file and I Can’t see any new diagrams for next week.
That’s a shame. I’d really hoped they’d hit a pace of one a week. Any idea why this has happened? Is it a shortage of units ready for passenger service? I assume there is a sufficient number of trained crew now for another diagram….
 

swr444

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Next fridays 2M75 is showing as a 701. Unsure what that's formed from. There are also some Hampton Court extras for the flower show which are formed of 701s.
 

WWTownEnth

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Next fridays 2M75 is showing as a 701. Unsure what that's formed from. There are also some Hampton Court extras for the flower show which are formed of 701s.
Maybe they are simply prioritising the HCFS services with 701s and that means the additional unit required for another diagram is not available next week.

And therefore maybe we will get two extra diagrams for W/C 7 July…..
 

swr444

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Having a look at the July Carriage Working Notices and there's some more 701 diagrams:

2C05 05.26 off waterloo will be a 701
2V45 1607 off waterloo + 2C55 1750 off Waterloo will be a 701
2C69 2120 off Waterloo
 

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