Class 50 Alliance Limited
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 Class Fifty Operations Limited.[1] The company is supported by The Fifty Fund.
Contents
Contents
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]
Locomotives
Locomotives owned or operated by the Alliance are:
No | Owned by | Notes |
---|---|---|
50007 Hercules | The Class 50 Alliance | Not resident on the SVR |
50031 Hood | 50031 Consortium Limited: Operated by The Class 50 Alliance | |
50035 Ark Royal | The Class 50 Alliance | |
50044 Exeter | The Class 50 Alliance | |
50049 Defiance | The Class 50 Alliance |
See also
References
- ↑ SVRLive
- ↑ Companies House Incorporation details
- ↑ 2006 Accounts filed at Companies House
- ↑ Fifty Fund 'Origins of the Fund'
- ↑ Press release 7 November 2016