17th Apr 2013 09:59
17 April 2013
Stagecoach Group shortlisted for Docklands Light Railway franchiseStagecoach Group plc ("Stagecoach") is pleased to confirm that it has been shortlisted by Transport for London ("TfL") to bid for the Docklands Light Railway ("DLR") franchise.TfL plans to issue an Invitation to Tender to shortlisted companies within the next few weeks. A decision on the successful bidder is expected to be made around the middle of 2014. The new DLR franchise is due to commence on 14 September 2014. A Stagecoach Group spokesman said: "We are pleased to have been successful in being shortlisted for the Docklands Light Railway franchise. We look forward to receiving the detailed Invitation to Tender documentation in due course, which will confirm TfL's key requirements for the franchise."EndsCONTACTSInvestors and analystsMartin Griffiths, Finance Director 01738 442111Ross Paterson, Director of Finance 01738 442111MediaSteven Stewart, Director of Corporate Communications 07764 774680STAGECOACH GROUP* Stagecoach Group is a leading international public transport group, with extensive operations in the UK, United States and Canada. The Group employs around 35,000 people, and operates bus, coach, train, and tram services.* Stagecoach is one of UK's biggest bus and coach operators with around 8,000 buses and coaches. Around 2.5 million passengers travel on Stagecoach's buses every day on a network stretching from south-west England to the Highlands and Islands of Scotland. The Group's business includes major city bus operations in London, Liverpool, Newcastle, Hull, Manchester, Oxford, Sheffield and Cambridge. Low-cost coach service,megabus.com, operates between around 60 towns and cities across the UK.* Stagecoach is a major UK rail operator, running the South West Trains, Island Line and East Midlands Trains networks. It has a 49% shareholding in Virgin Rail Group, which operates the West Coast inter-city rail franchise.* Stagecoach also operates the Supertram light rail network in Sheffield.* In North America, Stagecoach operates around 2,900 buses and coaches in the United States and Canada. Megabus.com serves more than 100 cities in North America. Stagecoach is also involved in operating commuter and transit services, contracted bus services, charters, sightseeing tours and a small number of school bus services. DLR * The DLR has 45 stations, 38km of track and 149 carriages. It carried 100m passengers during 2012-13.
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