More extensions for NEG?

摘要

The UK Rail business at National Express Group plc 'performed strongly' in trie third quarter to September 30 2010, 'driving better customer service and profitability, whilst also seeking contract extensions'. According to an interim management statement issued on October 19, underlying revenue was up 7% in Q3.rnNEG has secured a 28-weekrnextension to its East Anglia franchise, now due to expire at the end of October 2011 (RB1375 p5). RBI understands that negotiations are underway to extend NXEA for a further 18 months, clearing the way for DfT to re-let lnterCity West Coast on time for the replacement franchise to commence on April 1 2012 (p2).