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Bus News: Issue Issue 29 11 Jun 2012

National Express highlights challenge of £15m lost concessionary coach revenue

National Express Group has highlighted that the UK government’s decision to scrap concessionary travel programmes for coach passengers last November will cost its coach division £15m of lost revenue this year.

In its first quarter trading statement, the group said that “mitigating the lower profit” that the reduced revenue would cause would be the coach division’s major challenge in 2012. Initial progress following the launch of National Express’s own...

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