Czech Railways transfers historic fleet to new foundation

Historic locomotives and carriages featured in films such as Dark Blue World will no longer be managed directly by the national rail operator České dráhy, Czech Television reported, citing Czech Railways.

Starting in March, Czech Railways will transfer administration of its historic fleet to the Svět železnice foundation fund. The move is intended to ensure self-sustaining financing of the collection.

The annual costs are expected to run into tens of millions of crowns. Czech Railways will contribute part of the funding, while the foundation plans to secure the majority through public events and private-sector support.