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

Bus operator profits up, but they’re not excessive, says industry audit

The Competition Commission’s conclusion that bus operators outside London are making excess profits is challenged in a new healthcheck of the industry.

Andrew Forster
01 July 2011
Arriva subsidiaries, operating profit (EBIT) margin 2009/10
Arriva subsidiaries, operating profit (EBIT) margin 2009/10
First Group subsidiaries, operating profit (EBIT) margin 2009/10
First Group subsidiaries, operating profit (EBIT) margin 2009/10
Stagecoach subsidiaries, operating profit (EBIT) margin 2009/10

Note: EBIT = earnings before interest and taxation (also referred to as operating profit)
Stagecoach subsidiaries, operating profit (EBIT) margin 2009/10 Note: EBIT = earnings before interest and taxation (also referred to as operating profit)

 

Aggregate bus company profits increased in 2009/10 for the third year running, but many operators are failing to make “appropriate” levels of profit, according to the annual survey of the industry by public transport consultancy the TAS Partnership.

The Competition Commission’s ongoing inquiry into Britain’s local bus market outside London has put the industry’s profitability under increased scrutiny in recent months. The Commission’s provisional findings in...

+92% more

 

Deputy Team Leader - Transport Planning
London Borough of Havering
Town Hall, Romford, Essex, RM1 3BB, GB
Grade 9 £51,093 - £55,155 pa
Head of Fleet Management
Brighton & Hove Council
Hollingdean Depot
£61,050 - £66,734
Head of Fleet Management
Brighton & Hove Council
Hollingdean Depot
£61,050 - £66,734
View all Vacancies
 
Search
 
 
 

TransportXtra is part of Landor LINKS

© 2024 TransportXtra | Landor LINKS Ltd | All Rights Reserved

Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959

Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855

Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861

Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865

Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875

Privacy Policy | Terms and Conditions | Advertise

Web design london by Brainiac Media 2020