#firstgroup

#firstgroup

The Overground operates as a concession, in which TfL sets fares, procures rolling stock, and decides service levels. When the London Overground was set up in 2007, it was managed by a joint venture between Laing Rail and MTR, and was later taken over by Arriva Rail London in 2016. From next May, it will be managed by First Rail London (FRLL), a subsidiary of FirstGroup PLC, which has been awarded an eight-year contract which can be extended to ten years.