Stagecoach Group plc
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Stagecoach Group is a provider of bus, rail, and tram transportation services and is an operator of bus and tour services in Dubai.
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| Public company | |
| Traded as | : Grey Market: |
| Founded | 1980 |
| Headquarters | Perth, Scotland, UK |
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Area served
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United Kingdom, United States, Canada |
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Key people
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Sir Brian Souter, Chairman Martin Griffiths, Chief Executive |
| Products | Local and express bus service, intercity bus service, franchise rail and tram service, sightseeing services |
| Revenue | £3,871.1 million (2016) |
| £228.8 million (2016) | |
| £99.0 million (2016) | |
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Number of employees
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40,203 (2016) |
| Website | www |
Stagecoach Group plc (: ) is an international transport group operating buses, trains, trams and express coaches. The group was founded in 1980 by current chairman Brian Souter, his sister Ann Gloag, and her former husband Robin. The group is headquartered in Perth, Scotland, and operates subsidiaries in the United Kingdom, United States and Canada.
With 16% of the bus market and 25% of the rail market, including a 49% stake in Virgin Rail Group, and light rail services in Sheffield, Stagecoach is the second largest transport group in the United Kingdom, close behind FirstGroup. Stagecoach operates around 8,100 vehicles and covers over 90 major towns and cities in the United Kingdom, carrying around 2.5 million passengers daily. Stagecoach UK Bus employs 18,000 people.
In North America, Stagecoach owns the Coach USA and Coach Canada brands. Previous operations in Australia, Hong Kong, Kenya, Malawi, New Zealand, Portugal and Sweden have been sold. The company is listed on the , where it is a constituent of the FTSE 250 Index.
Stagecoach was born out of deregulation of the British express coach market in the early 1980s, though its roots can be traced back to 1976 when Ann Gloag and her husband Robin set up a small motor caravan and minibus hire business called Gloagtrotter. Ann's accountant brother Brian Souter joined the firm and expanded the business into bus hire. Robin Gloag subsequently sold his shareholding in the business and ceased any involvement in 1982 with the collapse of his marriage to Ann. The Transport Act 1980, which freed express services of 35 miles and over from regulation by the Traffic Commissioner, brought new opportunities for the Perth based company and services were launched from Dundee to London using second-hand Neoplan coaches. For a while, they offered a very personal service with Brian Souter doing the driving and Ann Gloag making up sandwiches and snacks for the passengers.
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Wikipedia