Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

Bus margins ‘were falling before Covid’

Buses

16 April 2021
 

Bus operators were seeing profitability fall before Covid-19 struck, according to an analysis of operator accounts for 2018/19.

Profits dropped for the fourth year in a row, and were the lowest since this analysis began in 1991, says market intelligence firm Passenger Transport Monitor (PTM).

PTM’s analysis of 107 local bus companies around the country found operating margins averaged 4.5 per cent in 2018/19, down from 6.2 per cent in 2017/18. 

PTM estimates that operators need to...

+64% more

 

Head of Fleet Management
Brighton & Hove Council
Hollingdean Depot
£61,050 - £66,734
Deputy Team Leader - Transport Planning
London Borough of Havering
Town Hall, Romford, Essex, RM1 3BB, GB
Grade 9 £51,093 - £55,155 pa
Deputy Team Leader - Transport Planning
London Borough of Havering
Town Hall, Romford, Essex, RM1 3BB, GB
Grade 9 £51,093 - £55,155 pa
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