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South Western Railway
March 10, 2020
|
Financial
Coronavirus and riots hit MTR profits
THE combined effects of the coronavirus epidemic and the aftermath of the riots in Hong Kong have had a $HK 1.3bn ($US 167.3m) effect on MTR Corporation’s profit in the first two months of this year, the company’s unaudited results for the period show.
January 22, 2020
|
Policy
British government prepares contingency plans for South Western Railway
BRITAIN’s secretary of state for transport, Mr Grant Shapps, told parliament on January 22 that while South Western Railway (SWR) is still meeting its financial commitments under its franchise agreement, contingency plans are being drawn up in case it fails.
January 17, 2020
|
Fleet
South Western Railway reintroduces refurbished class 442 trains
SOUTH Western Railway (SWR) has reintroduced the first refurbished 10-car class 442 trains, with four trains operating London - Portsmouth and London - Southampton - Bournemouth - Poole services.
January 13, 2020
|
Fleet
New British fleets undergo testing in Velim
TWO manufacturers have begun testing new fleets bound for Britain on the two test circuits at the VUZ train test centre at Velim, in the Czech Republic.
January 7, 2020
|
Financial
South Western Railway on the brink after reporting £137m loss
BRITISH franchisee South Western Railway (SWR), a joint venture of First Group (70%) and MTR (30%), is on the brink of collapse after it reported a loss of £137m in its financial results up to March 31 2019.
November 19, 2019
|
Fleet
Bombardier tests first Aventra EMUs for South Western Railway
THE first of 750 Aventra EMU cars, which Bombardier is building for Britain’s South Western Railway (SWR) franchise, are now undergoing testing.
July 15, 2019
|
Infrastructure
British charity to test lineside solar power supply
British charity Riding Sunbeams is due to launch a pilot solar energy project in August, which it says could pave the way to use solar panels connected directly into the network to provide traction current, without first distributing it to the grid.
April 24, 2019
|
Technology
Ricardo and Roke to assess Aventra EMU digital security risk
BOMBARDIER has appointed Ricardo and Roke Manor Research, a British expert in cyber security, autonomy and communications, to assess the Aventra EMU’s digital security risk profile.
March 8, 2019
|
Financial
MTR reports slight drop in revenue and profit
HONG Kong-based operator MTR Corporation recorded a 2.7% drop in revenue in 2018, down from $HK 55.4bn ($US 7bn) to $HK 53.9bn, resulting in a 4.3% decrease in profit from $HK 16.8bn to $HK 16.1bn. The decrease in overall revenue was mainly caused by a sharp fall in revenue from MTR’s mainland China property development business, which dropped from $HK 6.9bn to $HK 60m.
March 6, 2019
|
Fleet
Emissions reducing technology begins British trial
BRITISH rolling stock leasing company Porterbrook has partnered with South Western Railway (SWR) and Eminox to trial technology aimed at reducing diesel emissions.
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