Great Western Railway (train operating company)

Great Western Railway (GWR) is a British train operating company owned by FirstGroup that operates the Greater Western railway franchise. It manages 197 stations and its trains call at over 270. GWR operates long-distance inter-city services along the Great Western Main Line to and from the West of England and South Wales, inter-city services from London to the West Country via the Reading–Taunton line and the Night Riviera sleeper service between London and Penzance. It also provides commuter and outer-suburban services from its London terminus at Paddington to West London, the Thames Valley region including parts of Berkshire, parts of Buckinghamshire and Oxfordshire; and regional services throughout the West of England and South Wales to the South coast of England. GWR was due to begin operating the Heathrow Express service under a management contract on behalf of Heathrow Airport Holdings from August 2018; however, this was later deferred to November 2018.

The company began operating in February 1996 as Great Western Trains, as part of the privatisation of British Rail. In December 1998 it became First Great Western after FirstGroup bought out its partners' shares in Great Western Holdings. In April 2006, First Great Western, First Great Western Link and Wessex Trains were combined into the new Greater Western franchise and brought under the First Great Western brand. The company adopted its current name and a new livery in September 2015 to coincide with the start of an extended franchise that is due to run until April 2020.

History
As part of the privatisation of British Rail, the Great Western InterCity franchise was awarded by the Director of Passenger Rail Franchising to Great Western Holdings in December 1995 and began operations on 4 February 1996. Great Western Holdings was owned by some former British Rail managers (51%), FirstBus (24.5%) and 3i (24.5%).

In March 1998, FirstGroup bought out its partners' stakes to give it 100% ownership. In December 1998, the franchise was rebranded as First Great Western.

On 1 April 2004, First Great Western Link began operating the Thames Trains franchise. It operated local train services from Paddington to Slough, Henley-on-Thames, Reading, Didcot, Oxford, Newbury, Bedwyn, Worcester, Hereford, Banbury and Stratford upon Avon. It also operated services from Reading to Gatwick Airport (via Guildford and Dorking), and from Reading to Basingstoke.On 1 April 2006, the Great Western, Great Western Link and Wessex Trains franchises were combined into a new Greater Western franchise. FirstGroup, National Express and Stagecoach were shortlisted to bid for it. On 13 December 2005, it was announced that FirstGroup had won the franchise. Originally, First planned to subdivide its services into three categories based on routes. Following feedback from staff and stakeholders, the decision was taken to re-brand and re-livery all services as 'First Great Western'.

In May 2011, FirstGroup announced that it had decided not to take up the option to extend its franchise beyond the end of March 2013. FirstGroup stated that, in the light of the £1bn plan to electrify the Great Western route from London via Bristol to Cardiff, it wanted to try to negotiate a longer-term deal. CEO Tim O'Toole said: "We believe we are best placed to manage these projects and capture the benefits through a longer-term franchise."

By not taking up the option to extend its original franchise contract for a further three years, FirstGroup avoided having to pay £826.6m to the government; it received extra subsidies totalling £133m from the government in 2010.

In March 2012 Arriva, FirstGroup, National Express and Stagecoach were shortlisted to bid for the new franchise. The winner was expected to be announced in December 2012, with the new franchisee taking over in April 2013. But it was announced in July 2012 that the franchise would be extended, due to the late issue of the Invitation to Tender (ITT). The ITT ran from the end of July until October 2012. The winner would have been announced in March 2013, and taken on the franchise from 21 July 2013 until the end of July 2028. The new franchise would include the introduction of new Intercity Express Trains, capacity enhancements and smart ticketing. The award of the franchise was again delayed in October 2012, while the Department for Transport reviewed the way rail franchises were awarded.

In January 2013, the government announced that the current competition for the franchise had been terminated, and that FirstGroup's contract had been extended until October 2013. A two-year franchise extension until September 2015 was agreed in October 2013, and subsequently extended until March 2019. A further extension to April 2019 was granted in March 2015.

The refurbishment of first-class carriages in 2014 included interiors that featured a new GWR logo and no First branding. The whole company was rebranded as Great Western Railway (GWR) on 20 September 2015 and introduced a green livery in recognition of the former Great Western Railway. The new livery was introduced when HST interiors were refurbished, and on sleeper carriages and Class 57/6 locomotives.

Routes
Great Western Railway is the primary train operator in Devon, Cornwall, Somerset, Bristol, Berkshire, Wiltshire, Gloucestershire and Oxfordshire.

Commuter and local routes
Great Western Railway operates commuter services between London and destinations such as Slough, Greenford, Reading, Didcot, Oxford, Newbury, Bedwyn, Hereford, Worcester and Banbury. There are also services between Reading and Basingstoke; between Reading and Gatwick Airport via Guildford and Dorking Deepdene on the North Downs Line; and between Bristol and Cardiff via Newport.

Trains also run on various north-south routes from Cardiff, Gloucester and Worcester to Taunton, Weymouth, Salisbury, Southampton, Portsmouth and Brighton. Many of these run via Bristol. The company also runs trains on local routes including branch lines in Devon and Cornwall, such as the Looe, Newquay, Falmouth and St Ives branch lines in Cornwall; the Exmouth, Paignton and Barnstaple branch lines in Devon; and the Gunnislake branch line in Devon and Cornwall.