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Statement regarding the London Overground contract

18th Mar 2016 08:08

RNS Number : 5330S
Go-Ahead Group PLC
18 March 2016
 

The Go-Ahead Group plc 4 Matthew Parker Street, London, SW1H 9NPTelephone 020 7799 8999

 

Press Release

18 March 2016

 

Statement regarding the London Overground contract

 

The Go-Ahead Group is disappointed not to have been awarded the London Overground contract after submitting a joint bid with Keolis (Go-Ahead 49% / Keolis 51%). 

 

We will seek feedback from Transport for London as part of our evaluation and review.

 

ENDS

For further information, please contact:

The Go-Ahead Group

Sarah Boundy, Group Corporate Communications Director 07808 568 667Peter Russell, Interim Head of Investor Relations 07966 941 890

 

 

GO-AHEAD

Go-Ahead is a leading UK public transport operator, providing high quality services in the bus and rail sectors. Employing around 26,000 people across the country, over one billion passenger journeys are undertaken on our services each year. We are committed to operating our companies in a safe, socially and environmentally responsible way and are proud to have been accredited with triple Carbon Trust Standard for reductions in carbon, water and waste. In addition to the travelling public, our customers include the Department for Transport, Transport for London (TfL) and local authorities.

 

BUS

Go-Ahead is one of the UK's largest bus operators. With a fleet of around 4,800 buses, we carry around two million passengers every day. Our operations are focused on high density commuter markets. We have a strong presence in London, with around 24 per cent market share, where we provide regulated services for TfL. We operate deregulated services in Oxford, East Anglia, the South East, Southern and North East England.

 

RAIL

The rail operation, Govia, is 65 per cent owned by Go-Ahead and 35 per cent by Keolis. It is the largest rail operation in the UK, responsible for around 35 per cent of all UK passenger rail journeys through its rail franchises: GTR (Govia Thameslink Railway), Southeastern and London Midland.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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