First Group Win Franchise Extension
February 18, 2014 11:43 amVideo
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First group Plc (FGP.L) have announced that after discussions with the Department of Transport they have agreed an extension to their current First Capital Connect rail franchise until Sept 14th 2014.
This will allow the franchise to continue running until the start of the new Thameslink, Southern and Great Northern franchise which is proposed by the government.
Commenting, Tim O’Toole, Chief Executive said:
“Today’s agreement with the Department for Transport provides continuity and consistency for First Capital Connect passengers, building on the improvements our experienced team is already making as we play an active part in delivering the multi-billion pound Thameslink Programme. This agreement allows us to continue our improvements over the next six months, focusing in particular on customer information provision and assistance.”