http://www.forbes.com/business/feeds/afx/2006/01/18/afx2458135.html
LONDON (AFX) - Arriva PLC is planning to order a fleet of new trains worth at least 50 mln stg for its Welsh rail franchise.
The Sunderland-based bus and rail operator has invited UK and continental European train manufacturers to tender for the contract, which AFX News understands to be for about 50 new carriages worth about 1 mln stg each.
Manufacturers are due to submit their bids in March to build the trains, which could enter service on routes in South Wales by the end of 2007.
They will replace Arriva Trains Wales' fleet of Pacer trains, reported to be the most unreliable rolling stock in the UK.
Arriva is believed to have been in talks with a number of manufacturers including Canadian rail and aerospace group Bombardier Inc, which has its main UK plant in Derby and is Britain's only remaining train manufacturer.
A Bombardier spokeswoman confirmed that Arriva had invited it to tender for the contract. Arriva was unable to comment this afternoon.
A decision to carry out the work in Derby would come as a relief to the 1,500 staff at the East Midlands plant, which is facing a 150 mln stg orders gap until it starts building new London Underground trains in 2008.
LONDON (AFX) - Arriva PLC is planning to order a fleet of new trains worth at least 50 mln stg for its Welsh rail franchise.
The Sunderland-based bus and rail operator has invited UK and continental European train manufacturers to tender for the contract, which AFX News understands to be for about 50 new carriages worth about 1 mln stg each.
Manufacturers are due to submit their bids in March to build the trains, which could enter service on routes in South Wales by the end of 2007.
They will replace Arriva Trains Wales' fleet of Pacer trains, reported to be the most unreliable rolling stock in the UK.
Arriva is believed to have been in talks with a number of manufacturers including Canadian rail and aerospace group Bombardier Inc, which has its main UK plant in Derby and is Britain's only remaining train manufacturer.
A Bombardier spokeswoman confirmed that Arriva had invited it to tender for the contract. Arriva was unable to comment this afternoon.
A decision to carry out the work in Derby would come as a relief to the 1,500 staff at the East Midlands plant, which is facing a 150 mln stg orders gap until it starts building new London Underground trains in 2008.