News

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 […]