Independent journal on economy and transport policy
02:53 GMT+1
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New agreement SNCF - SBB CFF FFS for services railway to high speed between France and Switzerland
Strengthening of joint venture Lyria SAS
February 16, 2011
Today to Paris railway group French SNCF and that Helvetian SBB CFF FFS have undersigned a new commercial agreement of the duration 12-year-old with the objective to strengthen and to develop theirs partnership in the railway services to high speed between France and Switzerland that is operated with brand TGV Lyria.
Last year TGV Lyria has realized a volume of transactions of 260 million euros (+17% on 2009) and has transported beyond four million passengers, of which 2,3 million to international level.
With new agreement SNCF and SBB CFF FFS they intend to give to more autonomy and responsibility to their joint venture Lyria SAS, that it is participated with 74% from the French group and with 26% from that Swiss. This last one has the task to optimize the business management and operating of TGV Lyria and to monitor the quality of the service. Moreover the understanding establishes to dedicate to the activity 19 interoperabili trains in Europe, that December 2012 will circulate beginning from on the net, and to transfer of the property to their joint venture.
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