First’s growing Lumo open access operations appear to offer the Group the prospect of continuing significant UK rail operations beyond the re-nationalisation of its current franchised services.
First currently operate four franchises – Avanti West Coast, Great Western Railway (GWR), South Western Railway (SWR) and TransPennine Express (TPE), all due to revert to state control. First began the Hull Trains open-access service in 2000, and has used a fleet of five five-car Hitachi...
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