Great Western Coffee Shop

All across the Great Western territory => Buses and other ways to travel => Topic started by: grahame on January 24, 2020, 19:08:48



Title: The effect of more bums on seats
Post by: grahame on January 24, 2020, 19:08:48
From Bristol Live (https://www.bristolpost.co.uk/news/bristol-news/first-bus-profits-increase-almost-3771290)

Quote
For the 12 months to the end of March 2019, First Bus West of England made a total of £5.4 million in profit - an annual figure that jumped almost seven times from the previous year.

Back then, in 2017-18, the local First Bus company made £800,000 in profit.

The profit figures equate to the firm making more than £100,000 a week clean profit, or almost £15,000 a day.

The company acknowledged that the jump in turnover, and the subsequent leap in profits, was largely down to an increase in passengers.

The bus company has effectively put on roughly the same number of buses as before, but now they are more full of passengers.



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