There are a number of viewpoints about the most likely direction of travel but it is clear that the best interests of the industry will be met through the re-letting process proceeding according to published schedules, as the DfT is doing, so that the commercial negotiations on new build versus continuous operation can take place as quickly as possible. While this takes place, we cannot be definitive on the balance between continued long-term use of existing fleets and new build that manufacturers, suppliers and leasing companies should built into their planning frameworks for CP5. This will become much.
