StockMarketWire.com - FirstGroup said the Department for Transport had awarded the new West Coast partnership to its joint venture First Trenitalia.

The new partnership would operate from 8 December 2019 and comprised two distinct phases. In the first phase to March 2026, First Trenitalia would operate existing InterCity West Coast services while providing a range of design, development and mobilisation services as shadow operator to the High Speed 2 (HS2) programme.

First Trenitalia would then operate HS2 and the reshaped InterCity West Coast rail services together as an integrated operation in the second phase, from March 2026 until March 2031, under a management contract.


At 8:12am: [LON:FGP] FirstGroup PLC share price was +3.5p at 117p



Story provided by StockMarketWire.com