DfT Operator Limited (DFTO) is a British state-owned holding company established in 2018 as DfT OLR Holdings Limited by the Department for Transport (DfT). It was created to act as the operator of last resort for rail franchises in England, taking over train operating companies (TOC) that were either failing, or being returned to public ownership at the end of their contract terms.
DfT Operator Limited (DFTO) is a British state-owned holding company established in 2018 as DfT OLR Holdings Limited by the Department for Transport (DfT). It was created to act as the operator of last resort for rail franchises in England, taking over train operating companies (TOC) that were either failing, or being returned to public ownership at the end of their contract terms.
Source: Wikipedia "DfT Operator" · CC BY-SA 4.0
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