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Last Updated: Saturday, 30 September 2006, 10:33 GMT 11:33 UK
City tram makes first big profit
A tram
Officials say the tram is the most successful in the country
Nottingham's tram system made an operating profit of £1.2m in the last 12 months.

The figures come from Arrow Light Rail which designed, built and now runs the Nottingham tram network.

The city council and the train maker Bombardier are both major partners in the Arrow Consortium.

The operating profit covers the period from December 2004 to December 2005 - and compares to a profit of £23,000 in the previous year.

The company reported the profit figures on a turnover of £27m.

The first Arrow-backed tram line was officially opened in Nottingham in March 2004.

Plans for a second tram line to Chilwell and Clifton are still under consideration by the government.




SEE ALSO
Call for quick tram plan decision
22 Feb 06 |  Nottinghamshire
Trams return to city streets
10 Sep 03 |  Nottinghamshire

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