Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Franchising ‘will drive down profit margins’

20 December 2019
 

Bus franchising and new partnership agreements will reduce operating margins at Stagecoach’s bus subsidiaries, the group has warned in its half-year results statement.  

“Any change in the model for delivering bus services in Manchester, or elsewhere in the country, including the introduction of bus franchising and/or commitments under partnership arrangements, will likely put some downward pressure on our existing bus profits,” says the group.

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