10th Aug 2005 09:00
Stagecoach Group PLC10 August 2005 10 August 2005 STAGECOACH INVESTS IN NEW BUSES FOR MERSEYSIDE Stagecoach Group plc announced today (10 August 2005) that its recently acquiredMerseyside bus operations are to benefit from a multi-million-pound investmentin new vehicles. A £6.5 million fleet of 75 state-of-the art low-floor buses will be introducedon services formerly operated by Glenvale Transport Limited only a few monthsafter Stagecoach bought the business. The first 30 vehicles - scheduled for delivery in September and October - arepart of a Stagecoach UK Bus order announced earlier this year. The remainingbuses, to be introduced in February and March 2006, form a new £3.9 millionorder with Alexander Dennis. Stagecoach has now placed orders for nearly 600 new vehicles for its UK busoperations in 2005-06, with a total value of more than £60 million. Les Warneford Managing Director for Stagecoach UK Bus, said: "These new vehicleswill deliver a step-change in the quality of service to our passengers and thisinvestment is a clear sign of our commitment to public transport in Merseyside. "We believe we have a winning combination of investment, innovation, strongmarketing, first-class customer service and operational expertise that canattract more people back on board the bus and build a successful localbusiness." Stagecoach operates nearly 300 vehicles and employs around 800 people inMerseyside. ENDS For further information please contact:Steve Stewart, Head of Media and Public Affairs, Stagecoach GroupTel: 01738 442111 or mobile 07764 774680 NOTES TO EDITORS •Stagecoach Group is a leading international passenger transport provider, with operations in the UK, United States, Canada and New Zealand. The company has 30,000 employees and operates 13,000 buses, coaches, trains, trams and ferries. • In the UK, Stagecoach operates more than 7,000 buses and has major city operations in London, Liverpool, Manchester and Newcastle. •Stagecoach bought Glenvale Transport Limited on 12 July 2005. Glenvale operates local bus services in Merseyside from two depots in north-east Liverpool and has an annualised turnover of approximately £25 million. •The new buses ordered by Stagecoach are Alexander Dennis Dart Pointer midibuses. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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