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Go Ahead on course to make £100m profit given ridership rises

Lee Baker
21 December 2012
Southern unveiled a bus/rail smartcard to drive patronage growth by making travel more convenient
Southern unveiled a bus/rail smartcard to drive patronage growth by making travel more convenient

 

Go-Ahead said it was on track to meet its target to increase bus operating profit to £100m as it released six month results to December showing revenue has increased, particularly in London.

Go-Ahead claimed its passenger journey growth trends were “sector leader” as it released the figures showing that in deregulated markets outside London revenue rose by eight per cent, although half of this was due to acquisitions. In London, excluding the estimated effect of the Olympic...

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