Anger as bankers move electric trains to the West Midlands
Almost a year after the DfT’s imposition of an evening peak for Greater Manchester’s rail users comes another body blow. Porterbrook Leasing, who owns most of Britain’s trains has refused to offer 17 Class 323 electric trains to Northern Rail’s successors in 2016.
Instead, the rolling stock leasing company (owned by Alberta Investment Management Corporation, Allianz Capital Partners, EDF Invest and Hastings Fund Management) has decided to move them to the West Midlands. At present, the Centro West Midlands boundary sees a number of local services utilising Class 323, and the move allows for greater standardisation. The reason, to reduce maintenance costs. Continue reading “Greater Manchester Set to Lose Another 17 Trains”