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Stagecoach prepares for slow passenger return

The transport operator experienced a revenue slump after the end of two rail franchises
Stagecoach prepares for slow passenger return

Stagecoach (SGC) is conscious of the time it will take for passengers to feel comfortable boarding its buses once more. The transport operator’s commercial revenues are currently at around 40 per cent of last year’s levels, which is up from the 15 per cent recorded at the end of its financial year. Stagecoach has restored around 80 per cent of its regional bus mileage since restrictions were relaxed. But chief executive Martin Griffiths acknowledged the impact of factors including increased homeworking and online shopping on passenger travel. “We anticipate that it will be some time before demand for our public transport services returns to pre-Covid levels,” he said.

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