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"I am not suggesting that Tube Lines has bought inappropriate components, but the risk is increased if component obsolescence is not dealt with as a mainstream management issue, " said Trenchard.

"Component obsolescence is a growing problem in industry and any organisation with a substantial amount of ageing capital equipment is particularly vulnerable, because an inability to replace a small component can mean that the whole system breaks down, " he added. "There is a large body of knowledge about how to deal with it and buying components on eBay is certainly not part of the lexicon!"

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