News

Wrightbus

Wrightbus agreement with Close Brothers

Wrightbus has announced a new distribution arrangement with Close Brothers Commercial Vehicle Solutions. The deal is intended to further facilitate the acquisition and financing of its StreetLite range. Under the agreement, Close Brothers has placed an initial stock order for 50 Wrightbus StreetLites this year, which will be immediately available for rental and leasing. MD […]

Transport Focus

What’s the
 hold up?

Transport Focus has published a report that looked into when, where and why buses were delayed. Entitled ‘What’s the hold up? Exploring bus service punctuality’, it saw the passenger organisation work with local authorities and operators to gain an insight into punctuality issues. The publication was created following passenger feedback, which suggested punctuality is bus […]

megabus.com

megabus expands in Italy

Stagecoach owned megabus.com is introducing a new network of services in Italy. The operator is to link 13 locations in the country: Rome, Milan, Florence, Venice, Naples, Turin, Bologna, Verona, Padua, Siena, Genoa, Sarzana (La Spezia) and Pisa. Fares on all journeys start from €1. The addition of these services takes the number of destinations […]

First Group

First’s annual results in line with expectations

Overall trading for FirstGroup in the year ending 31 March 2015 was reported to be in line with management expectations. It achieved revenue of £6,050.7m (2014: £6,717.4m), down 9.9%. However, its EBITDA rose 7.7% to £624.4m (2014: £579.8m) and its adjusted operating profit was £303.6m (2014: £268m), a 13.3% increase. First’s UK Bus division achieved […]

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