GTR’s Emergency Recovery Measures Agreement Extended

The UK Department for Transport (DfT) has extended GTR’s Emergency Recovery Measures Agreement (ERMA) until 31 March 2022; it was previously due to end 20 September 2021.

There has been no change to its terms and conditions.

Two passengers on Thameslink train
Two passengers on a Thameslink train

© Go-Ahead

Around 90 percent of the group’s revenue is generated by contracts where there is no direct risk from fluctuations in passenger demand. The ERMA also has no financial exposure to passenger volumes.
source= https://railway-news.com/gtrs-emergency-recovery-measures-agreement-extended-to-march-2022/

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