The deal for National Express to run the service as a management contract now means that NX can try to raise £400m to help stabilize the situation for its 3,100 staff and 17m annual passengers.
The full deal is yet to be settled with the agreement only at the outline stage but both commuters and staff will be worried about what the future is going to bring. It seems National Express's other franchises will be left alone which will come to relief of various groups. One of National Express's best franchise is c2c which has transformed the old LTS rail line and now is a by word for reliable and timely services.
This isn't the first time a franchisee has lost a franchise as Connex was stripped of its railway contracts which lead to the SRA (strategic Rail Authority) doing a management contact. With Southeastern this lead to improvements to the service before its was re let.
I leave you with the words of the DfT on the situation:
“All train-operating companies have regular meetings with the DfT and as a company we never talk about in public what we discuss in private,”
“As we have made clear on numerous occasions we do not renegotiate franchises.”The original article is here
Rail deal sparks £400m cash call