Difference between revisions of "Class 50 Alliance Limited"

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Class 50 Alliance Limited, commonly referred to as 'The Class 50 Alliance', owns four Class 50 (English Electric Type 4) diesel locomotives, three of which are resident on the SVR. It operates a fifth, also resident on the SVR, which is owned by [[50031 Consortium Limited]].<ref>[http://www.svrlive.com/copy-of-news-211016-1-high-sherrif SVRLive]</ref> and has a sixth on loan. The company is supported by [[The Fifty Fund]].
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Class 50 Alliance Limited, commonly referred to as 'The Class 50 Alliance', owns four Class 50 (English Electric Type 4) diesel locomotives, three of which are resident on the SVR. It operates a fifth, also resident on the SVR, which is owned by [[50031 Consortium Limited]].<ref>[https://www.svrlive.com/copy-of-news-211016-1-high-sherrif SVRLive]</ref> and has a sixth on loan. The company is supported by [[The Fifty Fund]].
  
 
==History==
 
==History==

Revision as of 17:39, 9 March 2018

Class 50 Alliance Limited, commonly referred to as 'The Class 50 Alliance', owns four Class 50 (English Electric Type 4The British Railways classification for diesel locomotives of 2000 bhp to 2999 bhp) diesel locomotives, three of which are resident on the SVRSevern Valley Railway. It operates a fifth, also resident on the SVRSevern Valley Railway, which is owned by 50031 Consortium Limited.[1] and has a sixth on loan. The company is supported by The Fifty Fund.

History

Class 50 Alliance Limited is a Private Limited Company, company number 02740837. The Company was originally named Project Defiance Limited when incorporated in 1992. At that time the principal objective was to acquire, restore and operate 50049 Defiance.[2]

In November 2006, the shareholders approved a resolution to acquire the assets of The Fifty Fund, including 50035 Ark Royal and 50044 Exeter, with effect from January 2007. The present company name was adopted in December 2006 to reflect this.[3]

From that time the Alliance assumed responsibility for maintenance and operation of the locomotives, while The Fifty Fund became a public 'front end', dedicated to fundraising, promotion of the class, and selling shares in the Alliance. Shareholders in the Alliance are automatically enrolled as members of The Fifty Fund.[4]

50007 Hercules was acquired in November 2016 to be used primarily for mainline contract work.[5]

50033 Glorious was taken on loan in February 2018 from Tyseley Loco Works for an initial three year period, to restore it to operating condition and to operate it. Work on the locomotive will continue at Tyseley "for the time being" under the guidance of Fifty Fund volunteers.[6]

Locomotives

Locomotives owned or operated by the Alliance are:

No Owned by Notes
50007 Hercules The Class 50 Alliance Not operating under a running agreement with the SVRSevern Valley Railway
50031 Hood 50031 Consortium Limited Operated by The Class 50 Alliance
50033 Glorious Tyseley Loco Works Leased by The Class 50 Alliance. Resident at Tyseley Loco Works
50035 Ark Royal The Class 50 Alliance
50044 Exeter The Class 50 Alliance
50049 Defiance The Class 50 Alliance

See also

Diesel Locomotives
List of preservation groups

References

  1. SVRLive
  2. Companies House Incorporation details
  3. 2006 Accounts filed at Companies House
  4. Fifty Fund 'Origins of the Fund'
  5. Press release 7 November 2016
  6. Fifty Fund wesite (Retrieved 11 February 2018)

Links

Class 50 Alliance web site
50 Fund web site
Class Fifty Alliance Limited on Companies House