221 views
Shutterstock photo

MTR Corp. loses Elizabeth Line contract

It will be taken over by GTS Rail Operations Limited.

MTR Corporation will lose its contract to operate the Elizabeth Line in May 2025.

Transport for London (TfL) has announced it will award the new contract to GTS Rail Operations Limited, a joint venture between Go Ahead Group, Tokyo Metro, and Sumitomo Corporation.

The seven-year contract, with a two-year extension option, comes as the Elizabeth Line continues to carry over 700,000 passengers daily, becoming one of the busiest and most important rail services in the UK.

GTS Rail Operations will now take over with plans to further improve operations, including the introduction of 10 new trains and new services to Old Oak Common by 2030.

Under the new agreement, TfL aims to optimise performance, enhance safety, and invest in both technology and workforce development, with a focus on delivering over 500 apprenticeships during the contract term.
 

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!