TfW have set up a new company called Transport for Wales Rail Ltd to operate the railways from 7th February 2021. TfW Rail will take over day to day operations from KeolisAmey on that date. As a wholly owned government agency, this is termed the “operator of last resort”.
TfW will have full responsibility for operation and the take the risk on fare income.
We understand that KeolisAmey will be retained to support TfW Rail. This is in particular for the heavy engineering works required in the Valleys where TfW have taken over track responsibility.