Stagecoach has revealed that total like-for-like passenger journeys fell by 1.7% in its UK Bus (regional operations) division, “largely as a result of weak underlying local economic conditions in some parts of the UK and sustained lower fuel prices.
“We continually review and adjust our bus networks in response to changing demand,” it says in its trading update for the financial year to 29 April.
For the 44 weeks ending 4 March, UK Bus (regional) saw 1.7% like-for-like revenue growth, and a 0.9% growth at its London operations.
“We are continuing to make progress with our digital investment programme, expanding contactless payments for bus travel, amongst other measures, to further enhance the quality of our bus and coach services.
“We remain positive on the longer-term opportunities within the UK Bus (regional).”
