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2000-06-01 ATO-001

ATOC

Rail industry needs strong balance sheet to finance investment says ATOC


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 Association of Train Operating Companies
railway costs




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< operators’ contracts index




Press release




ATOC


Rail industry needs strong balance sheet to finance investment says ATOC




  date 1 June 2000
  source ATOC
  type Press release



Commenting on Railtrack's results announced today, Association of Train Operating Companies Director General, George Muir said:

"Railtrack's results show the clear need for Railtrack and the train operators to have strong balance sheets to fund investment in the railway. The industry needs many £billions of investment for new track and trains to provide passengers with what they want."

ENDS

For more information: ATOC press office 020 7904 3010


Railnews Archive ::: 2000-06-01 ATO-001








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