3 ms·
Some examples: - c2c and Avanti West Coast: partially and fully owned by Trenitalia which is wholly owned by the Italian government - London Overground, Chill
by lpribis 2y ago
Some examples:
- c2c and Avanti West Coast: partially and fully owned by Trenitalia which is wholly owned by the Italian government
- London Overground, Chilltern Railways, CrossCountry, Grand Central: Owned by Deutche Bahn until June 2024 which is wholly owned by the German government
- Elizabeth line: Wholly owned by MTR transport which is wholly owned by Hong Kong government
I'm sure there are a lot more I missed. It doesn't just appy to foreign governments either. The UK government subsidized all TOCs with taxpayer money, many of which turned around and gave out dividents to shareholds (foreign government or not).