http://www.insidermedia.com/insider/south-west/136302-/
Stagecoach has signed an agreement with the Department for Transport (DfT) that will allow for further investment in the South West Trains franchise.
The Deed of Amendment provides for accelerated investment of about £50m for improvements to the service between now and February 2017.
The current South West franchise ends in 2017 and Stagecoach said it was currently negotiating an extension with the DfT until April 2019.
It added the investment would provide 57,000 additional seats, 73 new evening and weekend services, increased car parking at stations and new ticket systems.
Stagecoach chief executive Martin Griffiths said: "The South West Trains network, operating out of London Waterloo, Britain's busiest station, is a key part of the country's transport infrastructure.
"These improvements will support the regional economy and enhance the transport network for communities across the south and south-west of England."
Tim Shoveller, chief executive of the South West Trains-Network Rail Allliance, added: "We have achieved a huge 50 per cent growth in the number of passenger journeys on our network in the past ten years.
"Looking ahead, the scale of growth is set to continue. That is why we are absolutely focused on improving the railway for today's customers and planning for the future."
South West Trains currently operates more than 1,600 trains a day with more than 220 million passenger journeys a year.
The news follow Chancellor George Osborne's announcement of a new South West rail franchise in his 2015 Budget.
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