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Railways: Franchises

Volume 710: debated on Monday 18 May 2009

Question

Asked by

To ask Her Majesty's Government on what date cap and collar protection for revenue shortfall came into effect, or comes into effect, for each train operating company. [HL3394]

The information in respect of train operators which have franchise contracts with the Department for Transport is set out in the table below.

Train Operating Company

Cap and Collar arrangement

DFT Entitlement State Date

Cap and Collar arrangement

TOC Entitlement Start Date

East Midland Trains (EMT)

Revenue share

11-Nov-07

Revenue support

11-Nov-11

National Express East Coast (NXEC)

Revenue share

09-Dec-07

Revenue support

09-Dec-11

Northern Rail

Revenue share

12-Dec-04

Revenue support

12-Dec-08

TransPennine Express (TPE)

Benefit share

01-Feb-04

Revenue support

N/A

First Capital Connect

Revenue share

01-Apr-06

Revenue support

01-Apr-09

London South Eastern Railway

Revenue share

01-Apr-06

Revenue support

01-Apr-10

Southern

Not applicable

26-May-96

N/A

Stagecoach South Western (SSW)

Profit share

04-Feb-07

Revenue support

04-Feb-11

Arriva Cross Country (AXC)

Revenue share

11-Nov-07

Revenue support

11-Nov-11

C2C

Not applicable

N/A

Not applicable

N/A

Chiltern

Not applicable

N/A

Not applicable

N/A

National Express East Anglia (NXEA)

Revenue share

01-Apr-04

Revenue support

01-Apr-08

First Greater Western

Revenue share

01-Apr-06

Revenue support

01-Apr-08

London Midland (LOM)

Revenue share

11-Nov-07

Revenue support

11-Nov-11

Virgin West Coast (VWC)

Revenue share

12-Dec-06

Revenue support

08-Dec-08