Who is buying your new trains?
The purchase of new rolling stock is one of the major cost components in any new railway project, generally second only to the costs of the civil construction works. For an existing system introduction of a new batch of rolling stock is probably the most expensive element of capital expenditure associated with system upgrade. The target of this paper is to look at some of the options for rolling stock procurement that exist today and to highlight some of the attractions and the downsides for Operators of not buying new rolling stock, but having another party buy your new trains for you. The paper will set out an overview of leasing within the railway industry and provide a number of case studies to illustrate key points. From this conclusions will be drawn regarding how Operators can gain advantage from rolling stock leasing as a part of their business.
- Record URL:
- Dallaway G
- Publication Date: 2003
- Pagination: 10p.
- Monograph Title: AusRAIL PLUS 2003, investing in Australian rail - strategies and solutions, 17-19 November 2003, Sydney, NSW, Australia
- TRT Terms: Costs; Railroad trains; Railroad transportation
- ATRI Terms: Cost; Rail transport; Train
- Subject Areas: Finance; Railroads; Vehicles and Equipment;
- Accession Number: 01516929
- Record Type: Publication
- Source Agency: ARRB
- Files: ATRI
- Created Date: Mar 4 2014 7:59PM