6.6 C
London
Thursday, February 13, 2025

Nexus looking to end Tyne and Wear Metro contract early

Listen to this article

Nexus, the Tyne and Wear region’s Passenger Transport Executive (PTE), has announced plans to end its contract with DB Regio in 2017.

The authority said both it and DB Regio are “dissatisfied with the structure and the financial and operational performance of the current contract”.

Nexus did have the option to extend the contract by two years but instead plans to operate the service directly until 2019 – at which point a new contract will be drawn up to take account of the planned introduction of a new fleet of trains.

Nexus said it has agreed an investment package with DB Regio for the final year of the contract.

Tobyn Hughes, managing director of Nexus, said: “The future of the Tyne and Wear Metro holds a major investment in a new fleet of trains, and we need to prepare the business for that.

“The current contract that expires in March 2017 is not delivering the outcomes for passengers that either we or the operator wants to see.  As a result we propose not to exercise our option to extend it beyond its natural expiry date.”

6 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Rail News

CrossCountry celebrates National Apprenticeship Week with over 20% of colleagues on courses

CrossCountry colleagues embark on new apprenticeship schemes on sustainability during National Apprenticeship Week. There are currently 200 colleagues on apprenticeship...

More like this...