Post by Jack on Apr 19, 2010 10:42:25 GMT 1
Whilst Arriva looks like it is set to fight off Goliath with a bid expected soon from Deutsche Bahn, Stagecoach's Brian Souter has money in the bank which he is eager to spend. The CEO of Stagecoach is featured in The Times' 'Monday Manifesto' where he talks about being ready to make a large acquisition in the form of another transport group. He's not interested in Europe or America which only leaves the UK.
He also discusses rail franchises and how the current systems weaknesses have been highlighted in the recession. How less Government intervention, longer franchises and TOCs having more control over the track would make Stagecoach and other groups more likely to invest more in the services they provide.
Here is the full article:
business.timesonline.co.uk/tol/business/industry_sectors/transport/article7101388.ece
On a different note, if Stagecoach ever was to flirt with aviation. A merger with Ryanair would always be interesting...
He also discusses rail franchises and how the current systems weaknesses have been highlighted in the recession. How less Government intervention, longer franchises and TOCs having more control over the track would make Stagecoach and other groups more likely to invest more in the services they provide.
Here is the full article:
business.timesonline.co.uk/tol/business/industry_sectors/transport/article7101388.ece
On a different note, if Stagecoach ever was to flirt with aviation. A merger with Ryanair would always be interesting...
