Trading statement published by Stagecoach this week reveals that the fastest-growing part of the group is Megabus.com in North America

Despite the prolonged period of adverse weather across North America, Stagecoach this week revealed that revenue from its Megabus budget coach services in North America grew 16.5% in the 11 months to March 31, 2014. The operation is the fastest-growing part of Stagecoach.

A trading statement published by the group said that the growth had been driven by existing services, as well as the contribution from new networks in Texas and California.

The expansion continues. Megabus will this month open a new 15-vehicle network in Florida.

 

This article appears inside the latest issue of Passenger Transport – along with an exclusive interview with Bryony Chamberlain, Director or Megabus.com

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