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Merseyrail Class 777 not going to fit at some stations
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F Great Eastern
Established Member
It seems Abellio are very poor at learning lessons and are making very similar mistakes to what they have on Greater Anglia in relation to trains not fitting in platforms.
Would be curious how much input the operations team had on the new stock....
Would be curious how much input the operations team had on the new stock....
Mordac
Established Member
The trains were ordered by Merseytravel, not Abellio.
HSTEd
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Because they don't want to be bled dry by a ROSCO for the next forty years?
The Class 483s demonstrate the pitfalls of renting trains.
3141
Established Member
TfL bought the class 345s and have subsequently sold them and leased them back.
PG
Established Member
Isn't that (partly or wholly) because the delays in opening crossrail have left TfL with a gap in their budget?
Whatever its a costly way to raise a bit of extra cash!
3141
Established Member
I think the decision to sale and lease back was made in the first part of 2018, but the announcement that it wouldn't open on time took place in the second half of the year. The reason given for the sale was to raise money for new trains for the deep tube lines.
PG
Established Member
Ah yes that does sound like something I'd read or heard... Apologies I stand corrected!
Still seems a bit odd - why not lease the new deep tube line trains instead?
ivzem
Member
The 345 could conceivably run elsewhere, the deep tube trains definitely not.
The 345s were already built and partly delivered, which meant a great deal of risk had already passed.
That meant TfL got a super sweet leasing deal on them. The deal is also time-limited whereupon ownership will revert.
Nick Ashwell
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So they've just essentially mortgaged units that they paid for upfront?
Yep, pretty much. It's better than the ROSCO model, that's for sure! (Unless you're the ROSCO, I suppose).
The reason that Merseytravel have bought the trains is that the financing costs are cheaper. Being a public body they can get better terms and save money rather than pay a ROSCO. Not trains but I presume similar financing was carried out to provide the trams in West Midlands and Manchester.
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