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Operating Company

   Also found in: Legal, Acronyms 0.01 sec.
Operating Company
A company that makes a good or provides a service that it then sells to customers or clients. An operating company contrasts with a holding company whose main function is to own other companies.

operating company
A business that engages in transactions with outsiders.


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While welcoming the freeze, or fall, on some fares, Anthony Smith, chief executive of rail customer watchdog Passenger Focus, said: "We call upon the industry to be clear about which fares are going up and to publish average increases for unregulated fares for each train operating company.
But when asked by the Daily Post about the recommendations in the report, an ATOC spokesman said: "The only guarantee made when a ticket is sold is that the train operating company will get the passenger to their destination.
The Broadline operating company represents more than 85% of U.
 
 
 
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