Regarding the profits Tube Lines expect to make in line with delivering its commitments under the contract, Terry Morgan, Chief Executive made the following statement: "Over the first 7.5 years, the 1st review period, the profits after tax are expected to be around £148m. This is based on Tube Lines performance being in line with delivering substantial improvements to the Tube, including a 10% cut in delays over the first 12 months and new signalling systems for the Jubilee and Northern lines."
