History
Tranz Scenic was renamed along with the other operating divisions of Tranz Rail in 1995.
As part of a restructuring programme, in 2001 Tranz Scenic was incorporated as stand-alone subsidiary Tranz Scenic (2001) Ltd. Tranz Rail sold 50% of Tranz Scenic to two directors of the Victoria, Australia, rail operator West Coast Railway for $33 million. The sale included long-distance passenger rolling stock and ten diesel locomotives of the DC class (reclassified DCP), and two EF class electric locomotives. In 2004 this share was purchased by Toll NZ, as one of the West Coast Railway directors had died and the business was not performing adequately.
In July 2012 it was revealed that KiwiRail was considering selling Tranz Scenic's remaining services.
Read more about this topic: Tranz Scenic
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