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Flying Scotsman

Discussion in 'Steam Traction' started by 73129, Aug 24, 2010.

  1. class8mikado

    class8mikado Well-Known Member

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    I did say If, and I hope that you are right.
     
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  2. 26D_M

    26D_M Well-Known Member

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    Presumably the first couple of years won't generate so much 'profit' because the custodianship arrangement needs to be properly funded?
    After that a renewal might occur so how much is available to put into the pot after all running expenses can only be guessed at.
     
  3. guycarr360

    guycarr360 Well-Known Member

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    Might that be shown in accounts for the NRM, at some stage????
     
  4. 26D_M

    26D_M Well-Known Member

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    Not sure making that level of detail public would serve much purpose in the scheme of things. Once its spent, its spent?
     
  5. oldmrheath

    oldmrheath Well-Known Member

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    Well I thought the NYMR made something like £370k profit? the SVR must have made a six figure sum as well. The main line trips are full. Surely there is something for the loco out of all this ?

    Jon
     
  6. 26D_M

    26D_M Well-Known Member

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    Undoubtedly but overheads are unknown so the question about what will be in the pot come ticket expiry cannot be answered. Hopefully a judicious and prudent approach to the commercial management will yield a healthy profit. As has been speculated elsewhere it is unlikely that a ring fencing approach will be possible with it in public ownership.
     
  7. huochemi

    huochemi Well-Known Member Friend

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    What do you mean by a "healthy profit" in this context? That direct cash receipts are greater than direct cash outgoings?
     
  8. guycarr360

    guycarr360 Well-Known Member

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    Its the indirect spend that cannot be quantified, how about the souvenirs etc.., bought in York, the extra visits, getting steam into the National Media.

    From that respect it is excellent value for money, and the next overhaul, should not be a problem, she is being looked after by the right people, to a plan.

    Long may that continue.
     
  9. 26D_M

    26D_M Well-Known Member

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    Yes.
     
  10. 26D_M

    26D_M Well-Known Member

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    I agree.
    Wait and see, enjoy it while we can.
     
  11. Steve

    Steve Resident of Nat Pres Friend

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    If the money doesn't go to the NRM, why would it show in their accounts?
     
  12. guycarr360

    guycarr360 Well-Known Member

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    So where would the loco hire fees go???
     
  13. martin1656

    martin1656 Resident of Nat Pres Friend

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    i would think it depends on if the loco has its own designated account with in the NRM accounts, otherwise it could go into the general NRM coffers, does the operating deal include hire fees?when the loco visits preserved lines or is it just an agreement to operate and maintain the loco?.
     
  14. Steve

    Steve Resident of Nat Pres Friend

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    Go back to 26D_M's posts
     
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  15. guycarr360

    guycarr360 Well-Known Member

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    Basically its guesswork, nobody knows!!
     
  16. Steve

    Steve Resident of Nat Pres Friend

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    Only what you hear from informed sources but even that falls into the rumour category and not for posting; by me, anyway.
     
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  17. std tank

    std tank Member

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    or it could go direct to NMSI accounts.
     
  18. 26D_M

    26D_M Well-Known Member

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    My assumption Steve is that all income is goes to NMSI as @std tank suggests. NMSI then pay bills as they arise whether fixed or variable?
    As I also said though I don't think it serves any purpose to publicly know what the accounting arrangements are.
     
  19. 5786Dan

    5786Dan New Member

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    Apologies if this has been discussed (I'm guessing by the length of the thread it probably has been but I haven't managed to find much on it), but why does Flying Scotsman's whistle sound so feeble? I preferred the old chime whistle although I imagine that is not authentic. Is the current whistle working properly as I'm sure it can't have sounded quite as weak in service.
     
  20. S.A.C. Martin

    S.A.C. Martin Part of the furniture

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    That's the standard LNER whistle fitted and yes it is meant to sound like that.

    I think most whistles sound feeble by comparison with a chime whistle but it's really no more feeble than that fitted to other engines.
     

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