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Friday, May 10, 2019 6:18:23 PM
Matthew Gregory (Chief Executive, FirstGroup)
In November we were selected to be the operator of the X Train, which will be the first luxury train service to connect Southern California to Las Vegas in over 20 years. Meanwhile, our productivity and cost efficiency improvement programmes continue to offset the challenging US driver cost environment.
https://www.firstgroupplc.com/~/media/Files/F/Firstgroup-Plc/reports-and-presentations/Transcript/190219-transcript-fgp-q319.pdf
https://www.firstgroupplc.com/site-services/search-results.aspx?ResultPage=1&Domain=all&query=X%20train&searchphrase=exact
LAS VEGAS, NV, Nov. 28, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Las Vegas Xpress, Inc. (OTCPK: LVXI) (www.vegasxtrain.com) a company that is developing passenger rail service from Southern California to Las Vegas, and the operator of X Wine Railroad (www.xwinerailroad.com), announced today that it has selected First Transit Group, the American subsidiary of $ 7 billion UK-based First Group, to operate the X Train, the first luxury train to connect Southern California to Las Vegas in over 20 years.
Michael Barron, Chairman and CEO of Las Vegas Xpress, said, “After a long and careful search we are pleased to be working with First Transit Group, the American subsidiary of UK-based First Group. The company is one of the UK’s most experienced rail operators. We are confident that here in the US, First Transit will be the partner to help us make the X Train a reality.”
First Group operates globally, with the largest footprint in UK and North America. The company has five rail and bus divisions including Greyhound Lines, the largest motor coach service in the United States and Canada, which became a subsidiary in 2007. First Group employs 100,000 employees with revenues of approximately $ 7 billion in 2017, and transported 2.1 billion passengers last year.
Mr. Barron added, “As one of the largest private sector operators in the US, we believe First Transit is in the best position to deliver the most innovative and efficient solutions to make the X Train a passenger rail service experience like none other in the country. Our plan is to begin operations of the X Train in mid-year 2019.”
Gregg Baxter, SVP at First Transit, said, “We are pleased to be working with the X Train team on this landmark project. We have over 60 years of experience in North America, and we believe the X Train is one of the most exciting opportunities in rail today. We have the expertise and technology to bring this project to completion.”[/color]
Company Teams with UK’s Largest Rail Operator to Make the X Train a Reality
LAS VEGAS, NV, Nov. 28, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Las Vegas Xpress, Inc. (OTCPK: LVXI) (www.vegasxtrain.com) a company that is developing passenger rail service from Southern California to Las Vegas, and the operator of X Wine Railroad (www.xwinerailroad.com), announced today that it has selected First Transit Group, the American subsidiary of $ 7 billion UK-based First Group, to operate the X Train, the first luxury train to connect Southern California to Las Vegas in over 20 years.
Michael Barron, Chairman and CEO of Las Vegas Xpress, said, “After a long and careful search we are pleased to be working with First Transit Group, the American subsidiary of UK-based First Group. The company is one of the UK’s most experienced rail operators. We are confident that here in the US, First Transit will be the partner to help us make the X Train a reality.”
First Group operates globally, with the largest footprint in UK and North America. The company has five rail and bus divisions including Greyhound Lines, the largest motor coach service in the United States and Canada, which became a subsidiary in 2007. First Group employs 100,000 employees with revenues of approximately $ 7 billion in 2017, and transported 2.1 billion passengers last year.
Mr. Barron added, “As one of the largest private sector operators in the US, we believe First Transit is in the best position to deliver the most innovative and efficient solutions to make the X Train a passenger rail service experience like none other in the country. Our plan is to begin operations of the X Train in mid-year 2019.”
Gregg Baxter, SVP at First Transit, said, “We are pleased to be working with the X Train team on this landmark project. We have over 60 years of experience in North America, and we believe the X Train is one of the most exciting opportunities in rail today. We have the expertise and technology to bring this project to completion.”
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