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Route 6 to Lead the Way as TfL Unveils 'Buses for London'

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Transport for London (TfL) has unveiled 'Buses for London', a new publicly owned bus company for the capital, and named route 6 as the first service it will run.  Tom Harrison (Bus Ambassador) The company is due to launch in late 2027, with Park Royal Depot in west London as its first operational base. A further four routes will be announced over the coming year and are due to transfer from 2028. TfL says the company will let it test new approaches to reliability, safety, decarbonisation, customer experience and driver welfare. It also means any profits can be reinvested in the transport network. How London's Buses Work Today For readers outside the capital, London's bus system works differently from most of Britain. London was not part of bus deregulation in 1986. Instead, TfL plans the routes, sets fares and timetables, and pays private companies to run the buses. Operators bid for each route. Contracts generally run for seven years and pay the operator a set income ...
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FirstGroup Strengthens Portfolio with Acquisition of London’s Anderson Travel

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FirstGroup has made a significant move by acquiring Anderson Travel, a highly experienced coach operator that offers contracted school services, private hire, mini coach operations and tours in and around London.

Two white coaches parked side by side in a lot, each proudly displaying the Anderson Travel logo on the front. Both boast the registration plate YJ24 AXY. Behind them, a green fence and trees whisper in the background, standing as silent witnesses to their premier coach services.
First Group

With a fleet of around 40 coaches operating from depots near Tower Bridge and Heathrow Airport, Anderson Travel is well-equipped to serve a variety of transport needs.

Their services include everything from school contracts to mini coach operations around Heathrow, daily excursions for international visitors, and bespoke private group tours. For the year ending 30 June 2023, Anderson Travel reported revenues of £7.3 million and an EBIT of £1 million, showcasing its strong position in the competitive London market.

Mark Anderson, the founder and majority owner, will continue to oversee day-to-day operations as Anderson Travel integrates into First Bus.

Graham Sutherland, FirstGroup’s CEO, commented on the acquisition,

"The acquisition of Anderson Travel, an experienced and profitable coach company, builds on our recent strategic acquisitions in the B2B and B2C coach market. We will continue to identify and assess opportunities to diversify and grow as we increase our share of the adjacent services market in the UK, where we see considerable opportunity for stable, long-term and value accretive growth."

Looking ahead, FirstGroup is set to release its interim financial results on the 14th November 2024, covering the 26-week period ending 28 September.

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